Bank of Japan to Start Digital Currency Experiments Next Year

Bank of Japan to Start Digital Currency Experiments Next Year

MSCI's gauge of stocks across the globe climbed 1.43% to 592.96, a level not seen since September 2, while European stocks rose 0.72% to 373.00.

China +2.35%. The country has returned from an eight day Mid-Autumn festival with investors encouraged by a robust rebound in tourism and ebbing coronavirus cases.

On Sunday, the Trump administration called on Congress to pass a stripped-down coronavirus relief bill using leftover funds from an expired small-business loan program, as negotiations on a broader package continue to run into roadblocks.

"The economic fallout of COVID-19 has accelerated the relative decline of the U.S.as the world's economic engine", said ANZ chief economist Richard Yetsenga.

The S&P 500 extended gains into a fourth day, while the NYSE FANG+ Index of megacap tech shares advanced about 2%.

The People's Bank of China held a lottery over the weekend to distribute 10 million yuan ($1.5 million) worth of its new digital currency to 50,000 people in Shenzhen.

This could attract investors to Chinese government bonds, and thus be a good thing for the exchange rate.

The dollar index =USD fell 0.059%.

Polls showing Democrat Joe Biden leading Donald Trump in the US presidential race partly underpin that confidence, Strickland said, since the Democrats are pushing harder for spending.

COVID-19 positive tests reported for NFL Sunday morning
This season, Cowart had started every New England game at defensive tackle and played 39 percent of the Patriots' defensive snaps. The Miami Dolphins' Week 6 game against the Denver Broncos has been postponed due to the New England Patriots' COVID-19 outbreak.

Major Wall Street banks JPMorgan and Citi are poised to report results on Tuesday.

The reserve requirements are typically removed when there is no longer any concern about currency weakness, he said.

US stocks climbed to the highest in nearly six weeks amid a rally in giant technology companies as traders awaited earnings from banks and news on a fresh round of economic stimulus.

The yuan fell 0.7% to 6.7331 in early trade, pulling the Australian dollar 0.2% lower to $0.7229.

The combined turnover of stocks covered by the two indexes expanded strongly to 971.4 billion yuan (about 144.7 billion USA dollars) from 711.3 billion yuan the previous trading day.

The euro edged 0.1% lower to $1.1819 and the yen was broadly steady at 105.64 per dollar. The Treasury market was closed for a USA holiday. The dipped 0.1% with the softer yuan to sit at $0.6666.

Gold held steep Friday gains at $1,929 an ounce as investors stuck with bets that USA stimulus would eventually arrive and drive inflation to the benefit of bullion.

USA voters are getting their first close look at Judge Amy Coney Barrett in hearings that began Monday and are all but certain to lead to President Donald Trump's Supreme Court nominee being placed on the high court just days before the election.

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