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October, 1, 2016

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Business > Global Markets
European and Asian stock markets diverged on Wednesday with traders reacting to mixed regional data ahead of key U.S. jobs numbers due later in the week.
 
Oil fell further Wednesday as dealers awaited the latest update on crude reserves in the United States.
 
The U.S. dollar held its ground Wednesday as traders bet on a U.S. rate hike while poor Japanese factory output pressured the yen.
 
Europe's main stock markets pushed upward on Tuesday, mirroring gains elsewhere, but London was somewhat subdued after a long holiday weekend, dealers said.
 
Oil prices edged up in Asia on Tuesday, a day after retreating on a stronger U.S. dollar, but worries about a global supply glut are keeping gains in check ahead of a key producers' meeting next month.
 
Free trade talks between the European Union and the United States have failed, Germany's economy minister said Sunday, citing a lack of progress on any of the major sections of the long-running negotiations.
 
US rate guesswork weighs on stocks
Stock markets across the world dipped Monday as investors tried to second-guess the U.S. Federal Reserve on the timing of its next interest rate hike.
 
Oil prices tumbled in Asia Monday on a strong dollar and after key OPEC producers downplayed the prospects of limiting output at a meeting next month.
 
Asian stock markets were mixed Friday, with investors preferring to sit on the sidelines ahead of U.S. Federal Reserve Chairwoman Janet Yellen's speech for cues on the timing of the next policy rate hike.
 
Oil prices fell Friday as OPEC's key producers cast doubt on the need to cut output, denting hopes of a deal to tackle a global supply glut.
 
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