Reuters

The euro headed for a third successive day of gains on Monday as a weak dollar helped the single currency recoup losses.

Weak energy and financials stocks sent European shares down on Monday after a strong run of weekly gains.

Oil fell from multi-year highs as U.S. drilling activity pointed to increased output, while resistance to U.S. sanctions against Iran emerged.

Asian shares rose on hopes of a thaw in U.S.-China trade tensions, after Trump pledged to help ZTE Corp “get back into business, fast.”

The dollar fell for a third day on Friday against a basket of currencies as traders booked gains on its recent run-up.

The Canadian economy unexpectedly shed jobs in April on the back of a drop in part-time positions, bolstering bets that the BOC will hold interest rates steady.

European stocks were set to achieve their longest weekly winning streak for more than three years on Friday as M&A activity added to an advance on the back of a busy earnings season.

Oil dipped from multi-year highs on hopes that alternative supplies could replace a looming drop in Iranian exports.

Governor Orr said the fall in the local currency after this week’s monetary policy statement was a “good thing” for the economy.

A modest rise in consumer prices in April eased concerns the Fed may raise interest rates more than expected this year