The dollar edged up from a 17-month low against the yen on Wednesday and buffeted European share prices latched on to a rebound in oil to move off their lowest level in over a month.
Asian trading had been subdued and the mood persisted in Europe as share prices.FTEU3 struggled to build on some early momentum provided by oil’s biggest rise in three weeks and takeover talk in the pharmaceuticals sector.
Attention was also turning to the release later of the minutes from last month’s U.S. Federal Reserve monetary policy meeting to look for any clues on how many interest rate hikes might be expected this year, following some mixed signals from some of its officials in recent weeks.
Read More: http://www.reuters.com/article/us-global-markets-idUSKCN0X302Y
Source: Reuters (6 April 2016)