Reuters

Business activity in the euro zone stayed robust in August as it outpaced Britain, where an economy increasingly bogged down by Brexit worries lost momentum, surveys showed on Tuesday.

South Korea said on Tuesday an agreement with the United States to scrap a weight limit on its warheads would help it respond to North Korea’s nuclear and missile threat.

Australia’s economy likely rebounded sharply last quarter as exports and public spending proved surprisingly upbeat, an outcome that would cheer the country’s central bank which left interest rates at record lows on Tuesday.

Chinese President Xi Jinping told an international summit on Tuesday that although the global economy had improved, risk factors had also increased.

Hurricane Irma, barreling toward the Caribbean and the southern United States, was upgraded to a powerful Category 4 storm on Monday as islands in its path braced for a possible onslaught.

Gold prices on Tuesday edged away from their highest in nearly a year as the dollar steadied.

The dollar steadied on Tuesday after investors took in the latest headlines on tensions in the Korean Peninsula before turning their focus towards U.S. monetary and fiscal policies.

The euro clung to most of its recent gains on Monday while the dollar struggled against a broad swathe of currencies and its trade-weighted basket approached a 2-1/2 year low.

Gold prices jumped to their highest in nearly a year on Monday as escalating tensions between North Korea and the United States and a weaker dollar persuaded investors to take refuge in assets perceived to be safe.

Sterling slipped half a percent against the euro on Monday, with the single currency rallying broadly as worries over North Korea drove a move away from riskier assets, and as domestic political uncertainty kept the battered pound under pressure.