• The dollar edged lower against a basket of currencies on Tuesday, as investors awaited speeches by Federal Reserve officials for signs on whether the central bank will stick to its guns and raise rates this year.
The dollar index was last down 0.3 percent at 97.180. .DXY
The greenback was also 0.3 percent lower against the Japanese currency at 111.475 yen, having earlier risen to a near 5-week high of 112.075 in Asian trading. JPY=EBS
• President Mario Draghi of the European Central Bank said Tuesday that the central bank will have to be prudent to gradually adjust its monetary stimulus to the economic recovery.
Fresh buyers now seem to be rushing to the single currency following Draghi’s speech at the ECB Forum, taking EUR/USD to fresh tops around 1.1240.
• The White House said that there are "potential preparations for another chemical weapons attack" by the Syrian regime and warned the country's president, Bashar al-Assad, of a "heavy price" if one is carried out
• China is entirely capable of achieving its full-year growth target and controlling systemic risks despite many challenges facing its economy, China's Premier Li Keqiang said on Tuesday.
Beijing is targeting economic growth of around 6.5 percent in 2017, compared with the actual 6.7 percent pace in 2016 - the slowest in 26 years.
• The U.S. Supreme Court on Monday handed a victory to President Donald Trump by reviving parts of a travel ban on people from six Muslim-majority countries that he said is needed for national security but that opponents decry as discriminatory.
The justices narrowed the scope of lower court rulings that had completely blocked key parts of a March 6executive order that Trump had said was needed to prevent terrorism attacks, allowing his temporary ban to go into effect for people with no strong ties to the United States.
• Oil prices rose for a fourth consecutive session on Tuesday as investors covered short positions, although worries over a persistent global supply glut still lingered.
Brent crude futures LCOc1, the international benchmark for oil prices, gained 35 cents, or 0.7 percent, to$46.18 per barrel by 0715 GMT.
U.S. West Texas Intermediate (WTI) crude futures CLc1 were up 30 cents, or 0.7 percent, at $43.68 per barrel.
Reference:Reuters
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