The US has long employed the power of its currency to dictate the foreign policies of other countries.
Investors focused on the positives despite growing US-China tensions stalling recovery for equities in May, amid signs that many European economies are coming back to life.
Experts say such threats are not new to the country and its banking regulator knows how to deal with such unethical financial conduct.
The International Football Association Board said that it had agreed to a proposal by FIFA for a temporary change to the rules "to protect player welfare."
EU leaders agree that a much bigger bail out is required. How this is structured is dividing Europe and opening old wounds.
In an interview with Italy’s Corriere della Sera paper, European Stability Mechanism Managing Director Klaus Regling said the easiest way to organise such funds would be via the European Commission and the EU budget.
The financially well-off members such as Germany and the Netherlands are hesitating to help Italy, Spain and France, where thousands have been killed by Covid-19.
Sterling's dramatic gains saw it reach a 19-month high versus the dollar and its strongest levels against the euro since shortly after the 2016 Brexit referendum.
Euro zone GDP data returns better than expected, lifting the euro, as the dollar weakens after interest rate cuts by the Federal reserve.
Asian markets fell following declines on Wall Street as the impeachment inquiry into President Donald Trump weighed on sentiment.
US bond yields up slightly after sharp fall in August, while European shares seen dipping slightly. Meanwhile, pound sterling drops to just below $1.2, its lowest level since January 2017.
Yields on benchmark 10-year Treasury notes dropped to their lowest since mid-2016 as the latest salvos in the China-US trade war shook confidence in the world economy and sent investors to the safe harbour of gold.
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