WTI Drops a Second Day as OPEC Considers Sparing Three From Cut

West Texas Intermediate crude fell for a second day as OPEC considered sparing three nations from potential output cuts when the group meets in Vienna this week. Futures slid as much as 0.4 percent in New York. Iraq, Iran and Libya wouldnt have to trim supplies should the Organization of Petroleum Exporting Countries agree to a reduction, according to two people with knowledge of the proposal. This is not the first time the market is...

Yen Approaches Seven-Year Low Before Kuroda Speaks Amid Stimulus

The yen approached a seven-year low versus the dollar before Bank of Japan Governor Haruhiko Kuroda speaks today, as policy diverges from the Federal Reserve. The euro maintained gains from yesterday versus its major peers after European Central Bank Governing Council member Jens Weidmann said expanding bond purchases to government debt would face œlegal hurdles. New Zealands dollar held its first decline in three days before a quarterly...

Japan Stocks Gain With Dollar After U.S. Records as Oil Retreats

The dollar gained against most peers, while Japanese stocks increased after records in New York amid global central-bank efforts to prop up economic growth. Oil retreated with Norways krone. Japans Topix index climbed 0.7 percent by 9:11 a.m. in Tokyo, as the yen slipped 0.1 percent to 118.37. The MSCI Asia Pacific Index climbed 0.2 percent while a 1.9 percent drop by BHP Billiton Ltd. dragged Australias S&P/ASX 200 Index lower....

U.S. Stocks Extend Records, Europe Bonds Rise on Stimulus Bets

U.S. stocks extended all-time highs and European bonds gained amid speculation the European Central Bank will buy government debt to support growth. Natural gas led commodities lower and oil retreated. The Standard & Poors 500 Index rose 0.3 percent to an all-time high at 4 p.m. in New York. The Dow Jones Industrial Average climbed less than 0.1 percent to extend a record, while the Russell 2000 Index of small companies rallied...

Europe Stocks End Little Changed as Miners Drop While Banks Rise

European lenders pushed stocks to a two-month high, even as they pared gains in the final hour of trading amid a decline in miners and oil and gas companies. The Stoxx Europe 600 Index added 0.1 percent to 345.72 at the close of trading in London, after earlier jumping as much as 0.5 percent. The benchmark index gained 2.9 percent last week as Mario Draghi said the ECB needs...