The dollar pulled further back
The dollar pulled further back from near 14-year highs as investors braced for upcoming events that could at least temporarily knock the greenback's bull run off course.
Adding to Friday's losses, the dollar index against a basket of major currencies dipped 0.2 percent to 101.31 following a pop above 102.00 on Thursday, its highest since March 2003.
Jill Stein requests Wisconsin recount, alleging hackers filed bogus absentee ballots
Jill Stein has requested a full recount of the presidential election in Wisconsin, alleging that foreign hackers could have skewed the result by obtaining the state’s voter database and then filing bogus absentee ballots.
Stein, the Green party’s candidate in the presidential election, formally filed for a recount with Wisconsin authorities shortly before the state’s 5pm deadline on Friday. She also planned to request recounts in Michigan and Pennsylvania in the coming days.
Oil prices tumble as doubts over planned crude output cut rise
Oil prices fell over 1 percent on Monday, extending declines from last Friday as doubts re-emerged over the ability of major producers to cut output at a planned meeting on Wednesday aimed at reining in global oversupply.
U.S. West Texas Intermediate (WTI) crude futures CLc1 were down 74 cents, or 1.6 percent, at $45.32 a barrel.
The falls came after prices declined more than 3 percent on Friday over disagreement between members of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC exporters like Russia over which states should cut production by how much in order to curb a global production overhang that has more than halved prices since 2014.
Reference : Reuters, The Guardian
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