Reuters

Britain’s Prime Minister Theresa May will meet executives from major finance companies on Thursday to give them a clearer idea of what Britain’s divorce from the European Union will mean for the industry, two sources familiar with the matter said.

U.S. oil prices hit their highest since 2014 on Wednesday as OPEC-led production cuts and healthy demand helped to balance the market, but analysts warned of possible overheating.

The U.S. dollar skidded further to a six-week low against the Japanese yen on Wednesday after the Bank of Japan’s move to trim its government bond (JGB) purchases in the previous session stoked speculation it would ease its massive monetary stimulus.

The dollar extended losses against the yen on Wednesday after the Bank of Japan’s move to trim Japanese government bond (JGB) purchases in the previous session triggered speculation that it could begin tapering its massive, ultra-easy monetary stimulus.

Benchmark U.S. Treasury yields hit a 10-month high on Tuesday after the Bank of Japan tweaked its bond-buying program, while stocks in world indexes continued their flying start to the year.

The Canadian dollar edged lower against its U.S. counterpart on Tuesday as a stronger greenback offset higher prices for crude oil, one of Canada’s major exports.

Oil rose further above $68 a barrel on Tuesday, touching its highest since May 2015, supported by OPEC-led production cuts and expectations U.S. crude inventories fell for an eighth week.

Britain is expected to choose a new central bank chief this year to succeed Canadian Mark Carney, who will step down in June 2019, three months after the country’s scheduled exit from the European Union.

Japanese government bond prices dipped on Tuesday, with yields on 20 to 40-year bonds hitting one-month highs, after the Bank of Japan reduced its buying in those maturities over 10 years.

Gold prices inched down on Tuesday amid expectations for more U.S. interest rate hikes this year.