European Open Preview – Sterling in focus as UK Brexit chief resigns
Posted on July 9, 2018 at 7:47 am GMTHere are the latest developments in global markets: FOREX: The US dollar index – which measures the greenback’s performance against a basket of six major currencies – is down by 0.23% on Monday, following a slightly disappointing US employment report on Friday. Elsewhere, pound/dollar is up by the same amount, after the UK Brexit Secretary David Davis resigned his post. STOCKS: Wall Street indices closed higher on Friday, after the US employment report for June showed that wage growth remains subdued. The tech-heavy Nasdaq Composite [..]