Shell Q1 profits beat expectations, while HSBC stems decline amid increasing lending activity.
Futures trades in the yellow metal see drop of over $20 as US central bank hints at another interest rate hike.
Banks have been rebuilding their balance sheets and returning to form – once again piquing equity investors' interest.
US central bank says economic slowdown experienced in Q1 is likely to be transitory.
Like-for-like sales grew by 3.4% during the first quarter of 2017.
The Hang Seng declined by 0.40% while the Sensex surged to 0.56%.
But probability of a June rate hike now up to 90%.
Former city trader and TipTV founder Nick Batsford discusses recent financials posted by major banks with market analyst Matt Brown.
Sterling endures high volatility after reports suggest Britain's Brexit bill could cost €100bn.
The Straits Times Index registered the region's strongest gain at 0.74%.
In the first 100 days of his White House residency, Trump has managed to fail at more things than most presidents do in a full term.
Market sentiment increasingly factoring incremental shale oil barrels as Baker Hughes records another US rig count rise.
Markit PMI shows UK construction sector expanded at the fastest rate in three years in April.
Port Arthur is North America's largest oil refinery that produces up to 60,000 barrels of oil per day
Japan's Nikkei 225 benchmark rises 0.4% to 19,281 points.
Political uncertainty fuels continued inflows into sterling and euro money funds in Q1 2017.
Tug of market direction between higher US oil production and Opec output cuts is in full play.
Bumper results from Barclays and a turn for the better for RBS did not lift the FTSE 100 to positive territory.
Sterling shrugs off report showing UK economy grows 0.3% in the first quarter of the year.
Economic growth rate fell to its lowest since the first quarter of 2016.
President Donald Trump's recent comments on US-South Korea free trade agreement also alarm investors.
Nasdaq hits all-time high but quarterly results are mixed.
Brent and WTI register steep declines as market continues to give more weight to rising US shale production.
Dollar gains ground as investors shrug off disappointment over Donald Trump's tax reforms.
Shares in Lloyds Banking Group buck trend after doubling profits in the first three months of the year.
Central bank maintains eurozone status quo on interest rate, as its president says 'downside risks have diminished'
The Nikkei reported a marginal decline of 0.15%.
US President due to announce a major tax overhaul which could see corporation tax slashed from 35% to 15%.
Standard Chartered almost doubled first-quarter pre-tax profit to $990m at the bank.
The Nikkei and S&P/ASX rose by 0.99% and 0.72% respectively.