HONG KONG (AP) — World stock markets mostly drifted lower Friday ahead of Greece's weekend austerity referendum, while China's main stock benchmark plunged as much as 7 percent as government market stabilization measures failed to reassure panicky investors. (full story)
Good news may be in store at the pump before the July 4th weekend as oil prices dropped on Friday amid reports that an oversupply of the crude remains on U.S. oil rigs.
U.S. crude futures CLc1 traded at $56.72 per barrel... (full story)
Gold prices initially fell on Thursday but the market found enough support at the $1157 level and formed a hammer. Gold rebounded from the lowest level since March 18 after some disappointing economic data from the U.S. raised... (full story)
The British Pound may weaken as soft PMIs undercut Bank of England rate hike bets. The Australian Dollar underperformed on soft retail sales data overnight.
British Pound May Fall as June PMIs Undercut... (full story)