· The dollar slipped on Friday, weakened by a Wall Street Journal report that investigators into possible Russian interference in the 2016 U.S. presidential election had subpoenaed President Donald Trump’s election campaign for documents.
Special Counsel Robert Mueller’s team issued the subpoena last month for documents containing specified Russian keywords from more than a dozen officials, according to the report.
The dollar index against a basket of six major currencies was down 0.35 percent at 93.593.
· Satellite images taken this month of a North Korean naval shipyard indicate Pyongyang is pursuing an “aggressive schedule” to build its first operational ballistic missile submarine, a U.S. institute reported on Thursday.
· India should be able to return to its "normal" growth range by next year as the short-term fallout from a new goods and services tax plan and last November's currency ban ebb, the country's finance minister told CNBC.
The Indian economy grew at its slowest pace in three years between April and June at 5.7 percent. A Reuters poll conducted in October showed economists predict South Asia's largest economy will grow by 6.7 percent in the fiscal year ending March 2018.
· China supports Saudi Arabia’s efforts to safeguard national sovereignty and achieve greater development, President Xi Jinping told Saudi Arabia’s King Salman, at a time of regional tensions between Saudi Arabia, Iran, Lebanon and Yemen.
· President Donald Trump finds the sexual misconduct allegations against U.S. Senate candidate Roy Moore “troubling” and thinks he should leave the race if they are true, the White House said on Thursday, as party leaders in Alabama stood by their nominee.
· Special counsel Robert Mueller has issued a subpoena to the Trump campaign for more Russia-related documents, two sources familiar with the matter tell CNN.
The special counsel had previously received the information that had already been handed over to Congress, but investigators felt there were things they didn't see. The new subpoena seeks more records based on various search terms.
Both the Trump campaign and a lawyer for the Trump campaign did not respond to a request for comment.
· Oil prices were mixed on Friday after recent declines, but were on track for the first weekly fall in six weeks, under pressure from surging U.S. supplies and doubts over Russian support for continuing a cut in crude output.
Brent crude futures LCOc1, the international benchmark for oil prices, were at $61.23 per barrel at 0616 GMT, down 13 cents from their last close.
U.S. West Texas Intermediate (WTI) crude futures were at $55.32 a barrel, up 18 cents. Traders said strong U.S. crude exports were lifting WTI.
Reference: Reuters,CNBC
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