Reuters

Uncertainty over a U.S. tax reform deal pushed world stock markets further away from recent record highs on Monday, while Britain’s pound fell on growing concern about the future of Prime Minister Theresa May.

For most investors around the world, bitcoin is a volatile and highly speculative bet. For Zimbabweans, however, the cryptocurrency seems to offer rare protection from the onset of hyperinflation and financial implosion.

Oil trading was cautious on Monday amid ongoing tensions in the Middle East and after a rising rig count in the United States suggested producers there are preparing to increase output.

Asian shares stepped back in cautious early trade on Monday as investors look to see whether U.S. Republicans can hammer a tax reform deal quickly.

The pound slipped early on Monday as troubles mounted for British Prime Minister May, with a report that 40 Conservative MPs are readying a leadership challenge.

Oil markets opened the week cautiously on Monday amid ongoing tensions in the Middle East and after a rising rig count in the United States suggested producers there are preparing to increase output.

The chairman of the House of Representatives’ tax-writing committee said on Sunday he would not accept the total elimination of state and local tax deductions in the final tax reform bill.

Countries in the Trans Pacific Partnership (TPP) trade deal have agreed on the core elements to move ahead without the United States, officials said on Saturday, after last-minute resistance from Canada raised new doubts about its survival.

 The dollar stabilized on Friday but was set for its biggest weekly drop in a month on disappointment that a landmark U.S. tax bill may be delayed until 2019.

A planned meeting of leaders of the 11 countries in the Trans Pacific Partnership (TPP) has been postponed after Canada failed to agree to the terms of a deal that the others had reached, Japanese Prime Minister Shinzo Abe said on Friday.