Gains against the yen and a weakened British pound led a broad rise in the US dollar on Tuesday, helped by an easing of the tensions around North Korea that last week drove capital towards Switzerland and Japan.

New US sanctions on Moscow have forced Russian business chiefs to accept that Donald Trump's rise to power is not about to produce a "Trump Bump" in foreign investment.

Asia would be the biggest beneficiary of any potential sanctions by the United States on Venezuela's oil sector, said traders and analysts, as exports from the South American Opec member could be redirected to the region, filling a vacuum left by producer supply cuts.

Britain's annual inflation rate steadied in July, with an expected rise failing to materialise as the pound recovers from a Brexit-fuelled slump, official data showed Tuesday.

American consumers spent at a brisk pace in July, pushing US retail sales to their biggest increase in seven months, according to preliminary figures released Tuesday.

Britain said on Tuesday it would seek a "temporary customs union" with the European Union for one or two years after Brexit in an opening gambit for negotiations that got a cold response from Brussels.

China has given those who bet against the yuan a bloody nose this year thanks to policy moves and intervention by the authorities. And yet, many traders and investors are still tipping the Chinese currency to decline against the US dollar in the next year.

Japan has posted its longest economic expansion in over a decade on the back of a pickup in household and company spending, data showed Monday.

Strong household and state spending consolidated Germany's role as the euro zone's growth engine in the second quarter, helping Chancellor Angela Merkel to burnish her economic credentials less than six weeks before an election.

Titan Co, India's biggest listed jeweller, expects its jewellery sales to rise by 20-30 percent in 2017/18 fiscal year ending March, as it plans to add more than two dozen retail stores to boost its presence in small towns, a senior company official said.

Euro zone government bond yields rose 3-4 basis points across the board on Monday, bouncing from recent lows following stronger-than-expected Japanese growth.

The Swiss franc posted its biggest daily drop against the US dollar in nearly three weeks on Monday as investor concern over geopolitical risks eased and Japan posted solid economic data.

Four Arab countries that imposed sanctions on Qatar have told the United States that US companies doing business with them would not be punished for also working with Doha, four sources with knowledge of the matter said.

India's wholesale price inflation rate picked up in July after easing for four straight months, with food prices back on the rise.

China's strong economic growth showed visible signs of fading in July as lending costs rose and the gravity-defying property market cooled, though activity levels generally remained solid, propped up by a year-long construction spree.

Japan's cautious consumers are starting to loosen up, spending more on cars and home appliances and offering hope that domestic demand - and not just exports - will be strong enough to reflate an economy that has been sluggish for many years.

US President Donald Trump will have the chance to turn a key campaign promise into reality with this week's start of official talks to renegotiate the North American Free Trade Agreement.

Saudi Arabia's budget deficit halved in the first six months of this year, the finance ministry said Sunday, following sweeping spending cuts and a stabilisation in oil prices.

Indian traders are likely to import 25 tonnes of gold from South Korea in July and August, taking advantage of a recent tax change that allows importers to ship in gold without paying a 10 percent customs duty, industry officials told Reuters.

Venezuela might look bad right now with protests, scarce food and fraught political tensions. But it could soon get a lot worse, according to analysts, because of a debt emergency raising the specter of default.