· The euro hit a one-week peak on Tuesday as Germany rang up its best month for exports in a year in August and expectations grew that the European Central Bank may consider scaling back its asset purchases.
· German exports rose 3.1 percent in August, their strongest month in a year, putting Europe’s economic engine on track for a solid 2017.
· The euro EUR= gained 0.5 percent to $1.1807, its strongest since Oct. 2, after overnight comments from Sabine Lautenschlaeger, an ECB executive board member, calling for the ECB to roll back asset purchases in 2018.
An index that tracks the dollar against a basket of currencies .DXY was down 0.45 percent at 93.253. It hit a 10-week high of 94.267 on Friday.
· Fed's Kaplan says keeping an open mind on U.S. rate hikes
Dallas Federal Reserve Bank President Robert Kaplan said on Tuesday that he will be assessing the progress of the U.S. economy toward full employment and looking for more signs of upward inflation as he weighs potential interest-rate hikes.
"I intend to keep an open mind about removing accommodation in upcoming (Fed) meetings," Kaplan said in remarks prepared for delivery at the Stanford Institute for Economic Policy Research.
· President Donald Trump said on Tuesday he likely will sign an order this week that is expected to allow Americans to buy stripped-down health insurance policies, a step some experts say would further undermine the Obamacare law that Trump opposes.
· The leader of Catalonia has stopped short of declaring independence from Spain, calling instead for international mediation in a dispute that threatens to fracture Europe's fifth-largest economy.
· North Korean hackers are believed to have stolen a large amount of classified military documents, including a South Korean-U.S. plan to "decapitate" its leadership, South Korean news agency Yonhap reported Tuesday.
· Oil prices rose about 2 percent on Tuesday, supported by Saudi Arabian export cuts in November and comments from OPEC and trading companies that the market is rebalancing after years of oversupply.
· Saudi Arabia has cut November allocations by 560,000 barrels per day (bpd), in line with its commitment to an OPEC-led supply reduction pact.
Brent crude LCOc1 settled up 82 cents, or 1.5 percent, at $56.61 a barrel while U.S. crude rose $1.34, or 2.7 percent, to settle at $50.92.
Reference: Reuters, CNBC
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