You are here: Home » Reuters » News
Business Standard

Global Markets: Dollar up on weaker Irma as shares climb towards highs

Reuters  |  LONDON 

By Marc JonesLONDON (Reuters) - The dollar rose on Monday and world shares climbed back towards record highs, on relief that North Korea did not conduct a further missile test at the weekend when it celebrated its founding anniversary.A weakening of Irma over the United States also tempered demand for safer assets, the hurricane having caused a number of deaths and knocked out electricity to 3 million homes and businesses on its way up the Florida coast.European shares started 0.75 percent higher as an official downgrading of Irma's strength lifted insurance firmswhile gold, the yen and ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Mon, September 11 2017. 14:25 IST