The dollar advanced after a drop in the prior session while the euro edged lower on Monday, as market moves were being dictated by recent global central bank meetings that set expectations for diverging rate cut paths next year.

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President-elect Donald Trump plans to launch a mass deportation operation targeting millions of immigrants living in the U.S. illegally and with temporary protections once he takes office on Jan. 20, a challenging initiative that could split apart families and affect U.S. businesses.

The Australian central bank The Reserve Bank of Australia is growing in confidence that inflation is heading sustainably back to target.

Inflation reaccelerated in November by the measure preferred by policymakers at the Federal Reserve, but not as much as forecasters had expected.

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The Personal Consumption Expenditures index climbed 2.4 percent from a year earlier, though the report’s details were more subdued than expected.

Mexico’s annual inflation slowed slightly less than expected in early December as the central bank extends its interest rate cuts.

Federal Reserve leaders are unified in their resolve to quash the worst bout of inflation in four decades. They just no longer agree on how high to keep U.S. interest rates to achieve their goal.

India's small businesses spanning the manufacturing, trade and services sectors added about 11 million jobs in the year to the end of September, with total employment rising to 120.6 million from 109.

Dec 23 (Reuters) - Most stock markets in the Gulf were up on Monday, after cooler-than-expected U.S. inflation data revived hopes for further policy easing by the Federal Reserve. Following the November inflation data in the world's largest economy ...