Reuters

Investors weighed-in whether cautious language might accompany an expected Bank of Canada interest rate hike this week.

Sterling slid on Monday after the resignation of the British foreign minister heaped pressure on Prime Minister Theresa May.

Oil prices rose on Monday as increased global demand and U.S. efforts to shut out Iranian output outweighed drilling data suggesting U.S. shale production would climb.

Sterling rallied on Monday as traders bet the resignation of British Brexit minister David Davis would not endanger the prime minister.

The Chinese yuan rebounded and the euro rose to its highest since June 14 on Monday as investors bought into riskier assets following favorable U.S. jobs data last week.

Brexit Secretary David Davis said on Monday he had resigned over “dangerous” British government plans for leaving the EU in a blow to Prime Minister Theresa May.

Global shares hit a two-week high as favorable U.S. jobs data whetted risk appetites, while GBP brushed off the resignation of two ministers as traders focused on the likelihood of a “soft Brexit.”

The 10-year U.S. Treasury note has had a rough ride, its price falling ever since and no reprieve in sight.

Asian shares rallied as favorable U.S. jobs data whetted risk appetites, while GBP slipped after two members of the British government resigned.

Canada’s trade deficit in May grew to C$2.77 billion from C$1.86 billion in April on a sharp rise in imports while exports edged down.