11-08-2016 14:19 via news.yahoo.com

GLOBAL MARKETS-Stocks choppy, Kiwi soars after rate cut

World shares hovered close to one-year highs on Thursday as oil prices dropped for a third straight day and the latest interest rate cut in a developed market - this time New Zealand - got a lukewarm response from investors. The slip in crude markets left energy firms and London's FTSE backpeddling, though a sharp jump in consumer goods stocks lifted the rest of Europe ahead of what was expected to be a 0.2 percent higher start for Wall Street. The Kiwi dollar was the day's big mover though, as
Read more »