Friday, May 20, 2016

Global stocks fell to a six-week low

 Global Equity stocks ,sovereign bonds slumped and the dollar held gains after minutes of the Fed's last meeting put the prospect of a June rate hike firmly on the table so long as economic data continues to show positive signs. Oil is under pressure from the financial movement, in addition to EIA data showing a build in U.S. crude inventories, as well as surging output from Iran to Europe and Asia.