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This latest USA political sag came a week after Trump abruptly fired Comey and added to concerns that ongoing political turmoil in Washington could prove a distraction to the Trump administration and delay its plans to move forward with its economic agenda, which includes tax reform and deregulation.
Enough may finally be enough for Wall Street following reports that President Donald Trump asked then-FBI Director James B. Comey to hit the brakes on an investigation into former national security advisor Gen. Michael T. Flynn and his alleged connections to Russian Federation and Turkey.
The latest developments intensified worries about whether or when Trump will be able to implement proposals for business-friendly policies such as tax cuts and deregulation, which have underpinned a record-setting rally on Wall Street. The U.S. dollar declined sharply against the Japanese yen on Wednesday as investors sought safety as talk that U.S. President Donald Trump could face the threat of impeachment boosted safe-haven Japanese yen.
The dollar's index against a basket of six major currencies .DXY =USD dropped to 98.063, essentially giving up all of the gains it made after Trump's election victory in November.
Benchmark U.S. crude rose 41 cents, or 0.8 percent, to close at $49.07 per barrel in NY.
Reports that Trump had tried to intervene in an investigation into alleged Russian interference in last year's US election and that his aides had numerous undisclosed contacts with Russian officials kept market tensions high.
The yen, which saw its biggest daily gain against the dollar since last July on Wednesday, gained another 0.4 percent to 110.24 yen. The Canadian dollar was trading at C$1.3606 to the greenback, or 73.50 USA cents, almost unchanged.
The euro extended its overnight surge to touch US$1.1174, its highest since November.
The yen showed little reaction to data showing that Japan's economy grew by 2.2% year-over-year in the first quarter, ahead of economists' expectations for growth of 1.7%.
Asian stocks climbed to a fresh-two year high on Tuesday on the back of an overnight rise in Wall Street, while oil extended gains after major producers Saudi Arabia and Russian Federation pledged to push for an extension of supply cuts into 2018. "We haven't been dollar bulls for a while and even if we see some more recovery this does just look like the tail-end of the dollar's run (higher)". On Tuesday the S&P 500, the benchmark favored by professional investors, marked its 15th straight day of moving up or down by less than 0.5 percent.
Dow Jones closed up by 0.26 percent, S&P 500 ended up 0.36 percent, Nasdaq finished the day up by 0.71 percent.
The US currency was hurt as Treasury yields declined significantly with allegations against Trump lowering economic stimulus hopes.
Investors piled into US Treasuries, sending yields on the benchmark 10-year note nine basis points lower to 2.24 per cent.
Caution will remain the order of the day however, plenty of unknowns now gripping the markets, Trump creating more than a ripple or two.
Spot gold was at $1,260 an ounce having hit $1,263.02, its highest since May 1, in the previous session. Sterling lost 1.51% to 143.92 against the Japanese currency, while the United States dollar lost 1.71% to 111.94 yen.
Benchmark Brent crude futures ended the session 30 cents higher at $52.51 a barrel while USA crude futures settled up 28 cents at $49.35. "It has paid to be a buyer in every sharp down move we've had over the last five years", said JJ Kinahan, chief market strategist at TD Ameritrade in Chicago.
Also after losing to Nadal in the finals of the Barcelona Open last month, Thiem will be determined to get one over him. But Halep bounced back in emphatic fashion to win the last six games for the loss of just 14 points.
A Ministry spokeswoman, Hua Chunying, said countries "should not do things that further escalate tensions in the region". This missile is said to the only missile ever tested by North Korea that has come this close to the Russian Territory.
North Korea frequently lambasts the United States and South Korea, but its accusation Friday was unusual in its details. It only said, "criminals going hell-bent to realize such a pipe dream can not survive on this land even a moment".
The disclosure also risks harming his credibility with US partners around the world ahead of his first overseas trip. On Capitol Hill, the latest big story involving the President was not wearing well with some Republicans.
The country was tracking an outbreak of hemorrhagic fever, including nine "suspected" cases of Ebola since April 22. Since Ebola virus was first identified in 1976, sporadic outbreaks have been reported in Africa.
Unfortunately, you will be needing an authentication with your cable provider should you want to watch San Antonio Spurs vs. Forward Andre Iguodala was listed as questionable because of a sore left knee that limited him to 10 minutes in Game 1 .
Collins told the media in the Mets clubhouse that the information about Harvey would be kept in-house where it should be. In his first big-league game since 2015, the lefty was hit hard, giving up six runs and eight hits in 32/3 innings.
His victims were Pauline Reade, John Kilbride, Keith Bennett, Lesley Ann Downey and Edward Evans, aged between 10 and 17. Mr Makin told Radio 4's Today programme: "I would be very surprised if he really had information that was useful".
LYON Ajax withstood a brilliant comeback from Lyon to reach the Europa League final despite a 3-1 away defeat on Thursday. Ajax meets Manchester United in the Europa League final on 24 May, at the Friends Arena in Stockholm, Sweden.
If it was hard for Republicans to pass Trumpcare in the House, we have the power to make it even harder for Republican senators. Paul Waldman is a contributor to The Washington Post's Plum Line blog , and a senior writer at The American Prospect.
Fox looks to sci-fi, fantasy this fall; MacFarlane in space
The new lineup includes four new dramas nad two new comedies plus two live musicals: A Christmas Story in December and Rent . Oh, and the pilot was directed by Jon freakin' Favreau ( Iron Man ), who's also serving as an executive producer.
Dallas Stars sign goalie Ben Bishop to 6-year, $29.5M deal
The two-time Vezina finalist has a career save percentage of.919 and a 2.32 GAA in 270 National Hockey League appearances. His career save percentage of.919, which spans 270 games including stints at the beginning of his career with the St.
Six NBA teams reveal jersey sponsors
Goodyear would be the sixth sponsor to join forces with an National Basketball Association team on jersey sponsorships. Starting during the 2017-2018 season, the 2016 NBA Champions will wear jerseys featuring Goodyear's Wingfoot logo.
Tyson Fury Accepts Anthony Joshua Challenge
U.S. legend Sugar Ray Leonard called the fight "amazing" and said the opponents showed a "lot of heart". He said: "Tyson Fury, where you at baby?" Like I did before I won this fight.
Win keeps finals hopes alive for Kings XI
Ben Stokes proved full valuable for the price he was got in auction and has picked 12 wickets while scoring 306 runs as well. As Simmons tried to smash the ball over the long on to collect a six, Guptill probably took the catch of the tournament.
Danica Patrick takes wild ride in fiery wreck at Kansas
Safety crews removed Almirola from his auto , and he was airlifted to the University of Kansas Medical Center for observation. Logano and Patrick walked away from the incident, but Almirola needed to be assisted out of his vehicle .
Best Memes James Harden Blocked by Manu Ginobili
The miscue helped contribute to the Spurs failing to take a shot at the close of regulation, forcing overtime. With Tony Parker out, the Spurs have been relying even more heavily on Kawhi offensively for several games.
Brazil calls off Zika emergency
From January through mid-April, the Ministry of Health recorded 95 percent fewer cases than during the same period previous year . The games were feared to further spread the virus, and countries around the world were reporting increased infections.
Trump to meet top Russian diplomat at the White House
But usually in this sort of case, you would get a joint news conference between Lavrov and Secretary of State Rex Tillerson. At issue is not just the fact that White House officials were so easily misled by the Russian envoy.
Delhi BJP to lodge complaint with EC against AAP
The state BJP said it will tell the people of Delhi how they had erred in backing Arvind Kejriwal in the last assembly elections. Meanwhile, ACB chief Mukesh Kumar Meena said Mishra did not give any complaint regarding Kejriwal accepting money from Jain.