World Headlines 2017-10-03

RQ Cross Box: 2017-10-03

WORLD HEADLINES - Both European stocks and the US dollar lost some momentum on Tuesday as investors digested recent strong gains spurred by the prospect of tax cuts in the world’s biggest economy and growing optimism for global growth. The euro drifted as tensions bubbled in Catalonia. STOCKS - Futures on the S&P 500 Index rose 0.1 percent, hitting the highest on record with its fifth straight advance. BONDS - The yield on 10-year Treasuries increased two basis points to 2.36 percent, the highest in 12 weeks. COMMODITIES - Gold dipped less than 0.05 percent, the weakest in eight weeks. CURRENCIES - Goldman sees the dollar rising particularly against the euro, which could be hurt by political concerns amid the Spanish woes over Catalonia and by elections in Austria and Italy in coming months. ECONOMIC DATA - FOMC Member Powell Speaks at 8:30 ET.

World Headlines 2017-10-03

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