· The mildly disappointing jobs report in August will be little more than a speed bump on the Federal Reserve’s road to continue tightening, economists said Friday.
Fed watchers think the Fed is locked in to a plan to announce its intention to shrink its massive balance sheet at its meeting in 20 days.
· President Donald Trump on Sunday condemned North Korea's latest weapons test, saying the nation's actions were very "hostile and dangerous" to the United States and later responded to a suggestion of an imminent military attack by telling a reporter: "We'll see."
· The talks between the U.K. and Europe are taking up too much time and the British negotiating side needs to step up the pace, a top EU official told CNBC Saturday.
Speaking in an exclusive interview on the sidelines of the Ambrosetti Forum in Italy, Jeroen Dijsselbloem, who leads the group of finance ministers for the euro zone, complained that Brexit "isn't going well."
· South Korea said on Monday it was preparing fresh military drills with its ally the United States and ramping up its ballistic missile defences in response to North Korea’s sixth and most powerful nuclear test a day earlier.
The United Nations Security Council was set to meet later on Monday to discuss fresh sanctions against the isolated regime. U.S. President Donald Trump had also asked to be briefed on all available military options, according to his defence chief.
· South Korea’s defence ministry said in a parliament hearing on Monday it was still seeing signs that North Korea planned to stage more ballistic missile launches, possibly including an intercontinental ballistic missile.
· China’s Nuclear Safety Administration said on Monday it had detected no radioactive material along its border with North Korea following the North’s nuclear test on Sunday.
· Oil prices fell on Monday after a powerful North Korean nuclear test explosion triggered a flight of investors away from crude markets and into gold futures, which are seen as a safe haven.
Brent crude futures LCOc1, the international benchmark for oil prices, had fallen by almost 1 percent from their last close, or 41 cents, to $52.34 per barrel by 0655 GMT.
U.S. West Texas Intermediate (WTI) Clc1 crude futures were more stable, at $47.30 barrel, close to their last settlement.
Reference: Reuters, CNBC
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