BLOOMBERG.COM
Stocks from Tokyo to Europe fell, dragged down by oil producers. Crude headed for a weekly loss after falling the most in three weeks on Thursday as OPEC’s move to prolong supply cuts for nine months disappointed investors hoping for more. European carmakers dropped after President Donald Trump chided German producers for contributing to a lopsided trade surplus with the U.S. The pound fell as a poll showed U.K. Prime Minister Theresa May losing ground to her main opponent ahead of next month’s election. Gold was poised for a third week of gains as the dollar declined.
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Stocks from Tokyo to Europe fell, dragged down by oil producers. Crude headed for a weekly loss after falling the most in three weeks on Thursday as OPEC’s move to prolong supply cuts for nine months disappointed investors hoping for more. European carmakers dropped after President Donald Trump chided German producers for contributing to a lopsided trade surplus with the U.S. The pound fell as a poll showed U.K. Prime Minister Theresa May losing ground to her main opponent ahead of next month’s election. Gold was poised for a third week of gains as the dollar declined.
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