Reuters

Italian stocks slid on Wednesday after reports that the two parties seeking to form Italy’s next government might seek debt forgiveness.

Oil prices fell, weighed by ample supplies despite output cuts by OPEC and looming U.S. sanctions against Iran.

China’s new home prices rose in April with an increasing number of smaller cities driving broader growth.

Asian stock markets dipped after Pyongyang called off talks with Seoul, while surging bond yields revived worries about faster Fed rate hikes.

Mexico’s economy minister said that he saw diminishing chances for a new North American Free Trade Agreement ahead of a Thursday deadline

A strengthening U.S. economy has done nothing to boost the underlying neutral rate of interest

C$ hit a nearly one-week low against its U.S. counterpart as investors weighed prospects of a deadline being met for a new NAFTA trade pact.

U.S. retail sales increased moderately in April, but consumer spending appeared on track to accelerate after slowing sharply in the first quarter.

Gold dipped on Tuesday, heading for a third straight day of losses as a rise in U.S. borrowing costs supported the dollar and overshadowed the impact of strife in Gaza.

Borrowing costs in the euro area edged higher for a third straight day on Tuesday.