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Top 5 things to watch today

Published 02/02/2016, 07:10 AM
Updated 02/02/2016, 07:10 AM

Investing.com -

Oil prices fall back to $33
Oil prices fell back towards the $33 per barrel level as investors worried that a huge oversupply in crude was coinciding with a global economic slowdown.

Asia lower on weak oil prices
Major Asian equities closed mostly lower as ongoing weakness in oil prices continued to hit risk sentiment.

European shares in the red for 2nd day
European stock markets were down more than 1% as weak oil and disappointing corporate earnings from energy giant BP (L:BP) and Swiss bank UBS weighed.

U.S. stock futures lower
U.S. stock markets pointed to heavy losses when U.S. markets opened, while Exxon Mobil (N:XOM), UPS and Pfizer were due to report quarterly results ahead of the bell.

Euro zone jobless rate falls
The euro zone’s unemployment rate fell to a four-year low of 10.4% in December from 10.5% in November.

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