The dollar rose against most of its major peers and oil gained in New York before data that may help investors gauge the outlook for U.S. stimulus. The Australian dollar sank, while European stocks were little changed.
Asian stocks fell after the yen strengthened overnight and valuations on the regional equities gauge climbed to a six-month high, with investors awaiting U.S. jobs data this week that may provide further evidence as to when the Federal Reserve will reduce stimulus.
Tesco Plc, the largest U.K. retailer, said a decline in domestic sales resumed amid an overall market slowdown and as its efforts to stave off both discount grocers and more upscale competitors faltered.
Deutsche Bank AG’s Japanese brokerage unit will probably be penalized by local regulators for breaching rules over excessive spending to entertain clients, two people with knowledge of the matter said.
West Texas Intermediate oil advanced for a fourth day, the longest rising streak since August, as TransCanada Corp. said it will start part of its Keystone XL pipeline next month and data showed U.S. crude inventories fell.
Westfield Group, Australia’s biggest mall operator, plans to split its domestic and international businesses, advancing a separation of assets that began three years ago. Its shares jumped by the most in almost 22 months.
Ukrainian officials are fanning out to Beijing, Moscow and Brussels to drum up economic backing as the largest protests in almost a decade persist back home over the failure to sign a European integration pact.
Dick Smith Holdings Ltd., Australia’s largest electronics chain by store numbers, made its stock market debut with a valuation more than five times the sale price received by former owner Woolworths Ltd.