TORONTO, Aug 10 (Reuters) - The Canadian dollar steadied near an eight-week high against its ‌U.S. counterpart on Monday as oil prices climbed and after recent employment data gave the currency a lift.The loonie was trading nearly unchanged at 1.3940 per U.S. dollar, or ​71.74 U.S. cents, after moving in a range of 1.3927 to 1.3964.On ​Friday, the currency touched its strongest intraday level since June 10 ⁠at 1.3923 after data showed Canada's economy adding many more jobs than expected ​in July.

Aug 10 (Reuters) - President Donald Trump has extended for 90 days a waiver allowing foreign-flagged ships to transport oil and other commodities between U.S. ports, but imposed new limits after shipbuilders and their allies in Congress argued the policy was undermining the domestic ​maritime industry, the White House said.

NEW YORK, Aug 10 (Reuters) - The U.S. dollar gained on Monday as oil prices increased ahead of ‌Wednesday's closely watched consumer price inflation report for July, after a much weaker-than-expected jobs report on Friday cast doubt on the likelihood of a near-term Federal Reserve rate hike.

Aug 10 (Reuters) - U.S. stocks edged lower in afternoon trading on Monday as hopes for ​an imminent deal to reopen the Strait of Hormuz faded and as Intel shares fell.U.S. President Donald ‌Trump demanded that Iran pay compensation for the people he said it had killed in wars, attacks and protests.U.S. crude oil jumped about 5% to settle at $82.13 a barrel. Easing energy flows through the Strait could mitigate concerns over heightened oil prices that have spurred inflation worries and bets ​on interest rate hikes by central banks worldwide.

NEW YORK/LONDON, Aug 10 (Reuters) - Wall Street indexes retreated and oil prices rallied over 4% on Monday, with markets focused on ​the outlook for Federal Reserve interest rates and on a potential deal between the U.S. and Iran to reopen the Strait of ‌Hormuz.Iran insisted that the United States must satisfy several demands before the Strait can reopen, fueling uncertainty.Gold drifted toward a seven-week high as inflation data loomed.

Aug 10 (Reuters) - The chances that the U.S. crypto industry will win once-in-a-generation digital asset legislation are dimming, despite Senate Republicans promising to advance the bill when lawmakers return to Capitol Hill next month.In a blow for ​the crypto industry, the Senate left Washington on Saturday for the five-week August recess without a much-anticipated vote on the Clarity Act, which would create a regulatory framework for digital ‌assets.

More workers joined a strike at BHP’s Port Hedland operations in Western Australia on Sunday, a union spokesperson said, in the first major industrial action at the ‌iron ore export hub in a quarter-century.On the second of the planned two days of stoppage, some 100 workers downed tools at the world’s biggest export hub for iron ore at 5:30 a.m. (21:30 GMT), taking the total involved to around 150, the spokesperson said.

Glencore’s (LON: GLEN) exposure to Radiant World, a company with which the London-listed miner and trader has stopped doing new business, amounts to more than half a billion dollars, two sources familiar with the matter told Reuters.Commodity traders Vitol Group and Cargill have also stopped trading with Radiant World, one of the world’s largest iron ore traders, after invoices or other documents it provided to banks were found to be invalid, Bloomberg reported late last month.

Aug 10 (Reuters) - A group of ​financial firms, including Apollo Global (APO.N), and Blackstone (BX.N), ‌is working with Nvidia to put together a $500 billion funding package for AI infrastructure development, a person familiar ​with the matter told Reuters on Monday.

Aug 10 (Reuters) - U.S. President Donald Trump has ​approved an extension ‌of a waiver to the Jones ​Act, but with ​some limitations, a White ⁠House official ​said on Monday.The ​Jones Act requires cargo moving between U.S. ports ​to be ​carried on ships built ‌in ⁠the U.S., owned by U.S. companies and crewed ​by American ​workers, ⁠and the waiver aims ​to lower ​gas ⁠prices by increasing shipping flexibility and ⁠reducing ​transport ​bottlenecks.Reporting by Jarrett Renshaw, editing ​by Michelle Nichols

Mining investor TechMet said on Monday it would form a U.S. subsidiary as part of a push to attract more capital from public and private partners for critical minerals projects.Dublin-based TechMet, which counts the U.S. government as a major shareholder, said the new subsidiary is part of its plans to boost the nation’s mining industry, which President Donald Trump said last week was a priority for his administration.

Iron ore prices eased on Monday, as downbeat factory-gate data in top consumer China fueled worry over demand prospects for the key steelmaking ingredient, although a strike at a major export hub in Australia curbed some of the decline.The most-traded iron ore contract on China’s Dalian Commodity Exchange (DCE) DCIOcv1closed daytime trade down 0.35% at 713.5 yuan ($105.79) a metric ton.

State-run Hindustan Copper HCPR.NS plans to sell copper concentrate produced by mines it is acquiring from Chile’s Codelco to Hindalco HALC.NS and Adani, aiming to meet India’s growing appetite for the red metal, two sources familiar with the matter said.It is also in talks to form a joint venture with state-run Codelco to mine and sell copper, three sources said, declining to be identified as the deliberations were confidential.

Aug 10 (Reuters) - Gold inched lower on Monday after prices hit a seven-week high ‌in the previous session, pressured by a stronger dollar, while investors look ahead to inflation data for fresh clues on the central bank's policy path.Spot gold was down 0.2% at $4,332.68 per ounce, as of ​1122 GMT. Prices hit their highest since June 17 on Friday after weak U.S. ​nonfarm payrolls data.U.S. gold futures fell 0.2% to $4,391.60 on Monday.The dollar gained ⁠0.2%, making greenback-priced bullion more expensive for holders of other currencies.

Aug 10 (Reuters) - Wall Street's main indexes were on course for a muted open ‌on Monday, as investors weighed developments in the Middle East that could influence the reopening of the Strait of Hormuz and braced for a week laden with crucial inflation data and earnings.

Aug 10 (Reuters) - Futures tracking Canada's main stock index were muted on Monday, as investors weighed developments in the Middle East and fresh corporate ​earnings, while bracing for a week of key U.S. economic ‌data.September futures tracking the S&P/TSX Composite index were flat at 2,139.50 points at 6:10 a.m. ET. The main index notched a record high on Friday, posting ​its biggest weekly advance in four months.Here are some details:

NEW YORK, Aug 10 (Reuters) - Fear of missing out is driving a buying rush on Wall Street, with options market ​metrics flashing some of the most bullish signals in years.

SYDNEY/LONDON, Aug 10 (Reuters) - Global equities inched higher on Monday as ​oil prices held broadly steady after Iran said it was nearing a final pact with Oman defining new shipping ‌lanes in the Strait of Hormuz, and as markets awaited key U.S. inflation data on Wednesday.Europe's continent-wide Stoxx 600 index (.STOXX), rose 0.1% while futures for the U.S. S&P 500 climbed 0.2% and those for the tech-focused Nasdaq were up 0.4% .

Aug 10 (Reuters) - J.P. Morgan raised its year-end target for the S&P 500 index (.SPX), to 8,000 from 7,800 on Monday, ​citing prospects of solid corporate earnings and rising confidence that ‌AI investments by large hyperscalers would drive faster revenue growth.

Aug 10 (Reuters) - S&P 500 and Nasdaq futures inched higher ​on Monday as investors assessed developments in the Middle East that could influence the reopening of the Strait of Hormuz, ‌kicking off the week laden with crucial inflation data and earnings.Iran said it was close to a final agreement with Oman defining new shipping lanes between them through the strait but repeated that the U.S. must meet several conditions before the strategic waterway is reopened.