U.S. stocks sought to rebound from two days of losses as the bear market in crude prices showed signs of spilling into the broader market even as oil stabilized. The dollar stayed lower as U.S. jobless claims came in slightly above expectations, while gold advanced.
The European Central Bank will not seek to ensure favorable financing conditions for any particular countries as it targets policy for the entire euro zone and not specific members, ECB Chief Economist Peter Praet told German magazine Spiegel's online edition.
Investing.com - The U.S. dollar dropped against its Canadian counterpart on Thursday, after the release of disappointing U.S. jobless claims data and a positive report on Canadian retail sales.
Britain’s vote to leave the EU has squeezed living standards, hit consumer spending and dampened the country’s growth prospects, a Guardian analysis of economic news over the year since the referendum shows.
Sterling traded slightly below $1.27 on Thursday, investors treading water after a split at the Bank of England over monetary policy added further uncertainty to the outlook for Britain's economy as it leaves the European Union.
Investing.com - The red-hot cryptocurrency Ethereum flash-crashed in overnight trade on Thursday, but has since recouped nearly all its losses.
Next trading day's important events
- USDJPY: 111.24
- EURUSD: 1.1152
- S&P 500: 2435.05
- NASDAQ: 6229.18