Reuters

Oil slipped towards $66 a barrel on Friday as rising U.S. oil output and exports countered OPEC-led attempts to erode stockpiles with output curbs and a dip in Libyan production.

The dollar edged up against the yen and other currencies on Friday, trimming earlier losses, as global investors gingerly dipped their toes back into riskier assets amid rapidly shifting views on U.S. monetary policy.

China has suspended publishing its volatility index following the recent stock market rout, as regulators step up efforts to curb speculative trading and shore up investor confidence.

The Canadian dollar weakened to a two-month low against its U.S. counterpart on Thursday after a surprise drop in domestic retail sales dented prospects for further Bank of Canada interest rate hikes over the coming months.

The European Union would not agree to a post-Brexit deal in which Britain would stick to the bloc’s rules in some areas, diverge moderately in others and go for distinctively different solutions for the rest, sources in Brussels said.

The number of Americans filing for unemployment benefits fell to a near 45-year low last week, pointing to strong job growth in February, which should continue to underpin the economy.

World stocks tumbled to one-week lows on Thursday after the U.S. Fed confirmed it was on track to raise interest rates several times this year, sending bond yields to new multi-year highs.

The Bank of Japan should consider buying foreign bonds as part of efforts to reflate the economy during Governor Haruhiko Kuroda’s second term at the central bank helm, an economic adviser to Prime Minister Shinzo Abe said.

The dollar rose to a one-week high against a basket of major currencies on Thursday, after minutes of the Federal Reserve’s January meeting showed policymakers were more confident of the need to keep raising interest rates.

Germany’s Social Democrats (SPD) will support a decision by Chancellor Angela Merkel’s conservatives to back Bundesbank chief Jens Weidmann to become the head of the European Central Bank, the newspaper Die Zeit reported on Wednesday.