Brent, WTI rally after report suggests Opec members may be willing to cut individual production by as much as 4%.
Britain's financial sector became deregulated on 27 October 1986, as it jumped into the 21st century.
Sterling flat against its major rivals after GDP data shows economy was not damaged by Brexit worries in the third quarter.
Traders shrug off GDP growth and focus on signs of rising inflation next year.
UK economy grew by 0.5% over third quarter of 2016, in the three months after vote, down from 0.7%.
Official data showed that China's industrial profits slowed in September.
Top flight shares see almost £25bn wiped off value after bank writedowns and weak mining production updates.
Pound climbs back above $1.22, but UBS warns it could tumble as low as $1.10 if Brexit worries persist.
Brent, WTI futures extend declines on Iraq's demand for exemption from Opec's proposed production ceiling.
Australia's third quarter consumer price index beat expectations by increasing 0.7% on-quarter.
Pound falls against the dollar as greenback extends rally with gains against major worldwide rivals.
Strong updates from miner Anglo American and upbeat German business confidence data lifts top flight stocks.
According to official data, South Korea's GDP for the third quarter grew by just 2.7% on-year.
Shares tread water on a day light on economic and corporate news.
Brent, WTI futures slide on reports Iraq is demanding exemption from proposed production ceiling on financial grounds.
Dollar hits year-to-date-high against the Chinese yuan, but slips back against the euro.
Both Ryanair and easyJet have issued profit warnings since the collapse of the pound.
Japanese exports fell 6.9% in September, better than a Reuters forecast of a 10.4% decline.
Brent, WTI fail to extend recent gains while precious metal benchmarks head sideways after overnight declines.
Pound hits two-week high against euro before retreating, while dollar soars to six-year high against Chinese yuan.
An increasing number of UK companies are blaming the EU referendum's aftermath for their financial woes, but there is more to it than Brexit.
Market rises on plans for tobacco deal that will bring together such key brands as Lucky Strike, Camel and Rothmans.
A few analysts opined that the US currency would continue to gain until December.
The deal is expected to close in the fourth quarter of 2016.
Silver led precious metals lower after the ECB decided to hold interest rates, but hinted at further stimulus action in December.
Top flight stocks struggle for direction after ECB hold rates as expected.
Those looking to invest in European commercial property markets should proceed with cautious optimism.
Pound slides below €1.12 and $1.23 despite solid retail sales data for September.
Asian markets also got a boost from strong US earnings and oil prices touching near 15-month high overnight.
Greater than expected decline in US crude stockpiles for sixth successive week sparks oil futures market frenzy.