A dive in oil prices sent stock markets lower on Monday after producers meeting in Qatar failed to agree on a plan to curb global supply, quashing the more optimistic tone which prevailed for much of the past week.
Saxo Bank has announced the newest addition to its list of white label partners, Fidelity Asia Bank (Fab). The offshore subsidiary of Ghana based Fidelity Bank has been headed by long term industry veteran of the forex industry, K. Duker.
The dollar, euro and yen got off to a subdued start on Monday after a weekend meeting of G20 policymakers ended with no new coordinated action to spur global growth, an outcome that was not entirely surprising.
Asian share markets edged cautiously higher on Monday as investors awaited a rush of February industry surveys to take the pulse of the global economy, while sterling suffered on concerns the UK might yet vote to leave the European Union.