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WEEKLY RATE INFORMATION

Market Index




¹ Excludes dividends
Sources: Yahoo! Finance, U.S. Dept of the Treasury, U.S. EIA, Barchart (SWAADY10.RT), Bloomberg, World Gold Council

The Forecast for Emerging Currencies Is Grim. With One Exception


The winds appear to be changing for the battered Polish zloty.

After an inauspicious start to 2019 that left it wallowing behind only the Romanian leu and the Argentine peso as the biggest loser versus the euro in emerging markets this year, the zloty is being tipped as the one currency likely to rise in the second quarter.

The Polish currency has been beaten down by a row with the European Union over the rule of law and almost four years of record-low interest rates, but PKO BP analyst Joanna Bachert says a rebound is in order because of the nation’s potential to resist a broader EU growth slowdown.

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Oil slips from 2019 high as economy worries weigh


LONDON - Oil fell from its 2019 high of almost $67 a barrel on Tuesday as concerns about the progress of U.S.-China trade talks and slowing economic growth countered lower supplies.

Supply cuts led by the Organization of the Petroleum Exporting Countries have helped crude to rise more than 20 percent this year, although demand-side worries remain the main drag on the market.
 

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States File Suit Against Trump Administration Over Wall Emergency
 


Sixteen states on Monday filed a federal lawsuit challenging President Trump’s national-emergency declaration to pay for a wall along the U.S.-Mexico border, setting up a showdown with the administration that could go to the Supreme Court and last through the 2020 election.

The complaint, filed in California’s Northern District, seeks judicial intervention to stop the order and accuses Mr. Trump of “flagrant disregard for the separation of powers.”
 
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