Reuters

Britain’s pound traded above $1.31 on Monday, close to a 10-month high, as investors eyed this week’s Bank of England “Super Thursday.”

Oil analysts have cut their 2017 crude price forecasts for a sixth straight month in July, citing concerns over compliance with an OPEC-led deal to limit production that could dampen the market’s attempt to rebalance.

Data in the coming week should confirm the euro zone economy is running hot, although inflation figures could throw cold water on ECB plans to start tightening policy.

Asian shares turned positive on Monday, shrugging off a new North Korean missile test as investors turned their attention to a raft of global economic data and earnings this week.

Japanese Prime Minister Shinzo Abe spoke with U.S. President Donald Trump on Monday and agreed on the need for further action on North Korea.

Growth in China’s manufacturing sector slowed marginally in July, reinforcing expectations the world’s second-largest economy will cool in coming months.

The dollar struggled on Monday, wallowing near a 2-1/2-year low against the euro, weighed down by U.S. political uncertainty and uninspiring U.S. data.

Asian shares dipped on Monday following a lackluster end to last week globally on some earnings disappointments.

Oil prices rose to their highest levels since May early on Monday as a dip in U.S. output tightened the market and the threat of sanctions against Venezuela kept traders on edge.

Japan’s factory output rebounded in June from a decline in May.