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December, 9, 2016

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Business > Global Markets
A new survey shows that optimism in the financial services sector has fallen for a third consecutive quarter -- the longest drop since the global financial crisis in 2009.
 
The U.S. dollar slipped Monday as traders shift focus from central bank policy to the U.S. presidential election, while the Philippine peso tumbled to a seven-year low on worries over President Rodrigo Duterte's policies.
 
Oil prices rose modestly in Asia on Monday ahead of a producers' meeting this week that might agree to cap supplies.
 
Oil prices eased on profit-taking Friday following two days of solid gains as traders turned their attention to next week's planned meeting of key producers.
 
Global equities advance on back of Fed decision
European stock markets rallied Thursday, after solid gains in Asia, as the U.S. Federal Reserve opted against lifting interest rates -- but signaled action later this year.
 
Oil prices climbed Thursday, building on the previous day's gains following a bigger-than-forecast fall in U.S. stockpiles, and a plunge in the dollar after the Federal Reserve kept interest rates on hold.
 
Stocks rally after BOJ, before Fed
European and Asian stocks mostly rallied and the U.S. dollar surged Wednesday after Japan's central bank overhauled its stimulus program and as markets awaited the outcome of the Fed's policy meeting.
 
Samsung says replacements available for recalled Note 7
Samsung says new Galaxy Note 7 smartphones will be available in U.S. stores starting Wednesday to replace about 1 million devices that are being recalled because their batteries can catch fire.
 
Oil prices rose in Asia Wednesday as traders awaited the release of U.S. energy stockpiles data and a U.S. central bank decision on interest rates.
 
Global stock markets drifted Tuesday with dealers on tenterhooks on the first day of key monetary policy meetings for the U.S. Federal Reserve and Bank of Japan.
 
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