World Headlines 2017-02-08

RQ Cross Box: 2017-02-08

WORLD HEADLINES - Political uncertainty ahead of European elections prompted nervous investors to sell the euro and kept lower-rated euro zone debt under pressure on Wednesday while the price of safe-haven gold hit three-month highs. STOCKS - Equities rose in Europe, led by miners after Rio Tinto unveiled forecast-beating profits and a bigger-than-expected dividend. BONDS - US treasuries continued to consolidate during the overnight trading session. COMMODITIES - Oil prices fell after American Petroleum Institute data on Tuesday showed a larger-than-expected rise in U.S. crude inventories and after signs of slowing demand growth in China. CURRENCIES - The US dollar, whose predicted path higher has been interrupted lately by uncertainty over U.S. President Trump's economic policies, rose against a basket of other major currencies. ECONOMIC DATA - GBP MPC Member Cunliffe Speaks at 8:00, Crude Oil Inventories at 10:30, RBNZ Rate Statement at 15:00, RBNZ Press Conference at 16:00, RBNZ Gov Wheeler Speaks at 19:10 ET.

World Headlines 2017-02-08

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