TOKYO (Reuters) - Asian shares took their cues from Wall Street and kicked off a holiday-shortened week on a strong footing on Monday, while the euro touched a fresh two-year low against the greenback on divergent monetary policy expectations.
Saudi Oil Minister Ali al-Naimi, center, at the opening session of the 10th Arab Energy Conference in Abu Dhabi Sunday. Agence France-Presse/Getty Images.
The head of the US Federal Reserve, Janet Yellen, delivered the latest statement on behalf of a body which can shake up global financial markets like a cocktail waiter.
SYDNEY/TOKYO (Reuters) - The euro probed fresh two-year lows early on Monday in a subdued start to a holiday-shortened week, extending a multi-month trend of weakness against the dollar that many traders say will remain intact in the new year.
SINGAPORE (Reuters) - Oil prices rose in early trading on Monday as Asian markets opened strongly into a holiday-shortened week and as consensus spread that Brent crude prices would likely remain above $60 for the rest of the year.