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July, 2, 2016

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The pound faced renewed pressure Monday after polls put the British referendum vote back on a knife edge, but the London stock market rallied to outperform its eurozone rivals.
The U.S. dollar clawed back some of its hefty losses in Asia Monday after last week's disappointing U.S. jobs report reduced the chances of an interest rate rise, while the stronger yen hit Japanese exporters.
Oil prices pushed higher Monday thanks to a softer U.S. dollar after last week's disappointing American jobs report, but gains were limited as producers increased their rig count.
European and Asian equities rose on Friday following a healthy lead from Wall Street overnight, as markets looked ahead to key U.S. jobs data.
Oil prices rose in Asian afternoon trade on Friday after a fall in U.S. crude inventories offset OPEC's refusal to introduce production caps.
The U.S. dollar edged lower Friday as traders focus on U.S. jobs data later in the day that will help the Federal Reserve decide on when to lift interest rates.
Panama's widened canal is now ready for business
Panama's newly widened canal is ready to take bigger cargo ships and will start during an inaugurating ceremony on June 26, the consortium behind the project said Wednesday.
Saudi Arabia promised on Thursday not to flood the oil market with extra barrels even as OPEC failed to agree on output policy, with Iran insisting on the right to raise production steeply.
The yen rallied Thursday on worries about the Japanese economy and uncertainty over Britain's future in the European Union, while investors awaited the release of U.S. jobs data.
The yen strengthened further Thursday on worries about the global economy and Japanese stimulus, while stock traders moved cautiously ahead of the release of U.S. jobs data at the end of the week.
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