In European Equity Markets indexes fell on Thursday after U.K. Brexit minister Dominic Raab resigned from his post, piling yet more pressure on U.K. Prime Minister Theresa May. The pan-European Stoxx 600 ended down 1.11 percent, with all major indexes in the red. U.K. financial stocks fell on the news of Raab’s resignation. RBS down 9.6 percent, it’s worst day since the Brexit vote in June 2016. Lloyds slipped 5.03 percent and Barclays down 4.26 percent. U.K. house builder stocks also extended losses with Barratt Developments down 7.48 percent.

In Currency Markets the US dollar held its earlier gains versus a basket of currencies on Thursday as data showed a stronger-than-expected 0.8 percent increase in domestic retail sales in October, rebounding from a 0.1 percent dip the month before. Sterling fell after a series of resignations rocked Prime Minister Theresa May’s government and threw into doubt her long-awaited Brexit agreement just hours after it was unveiled. The pound fell 1.5 percent versus the dollar and was headed for its biggest decline this year against the euro.

In Commodities Markets oil rose on Thursday, steadying after losing nearly 7 percent over the previous three days, though concern about the prospect of an oversupplied market next year continued to weigh on prices despite OPEC’s message that it may cut crude output. Brent crude oil futures were last up 63 cents on the day at $66.75 a barrel, while U.S. crude futures rose 38 cents to $56.63. The OPEC, led by Saudi Arabia, is considering a cut of up to 1.4 million barrels per day (bpd) next year to avoid the kind of build in global inventories that prompted the oil price to crash between 2014 and 2016.

In US Equity Markets stocks fell on Thursday as a batch of weak earnings and Brexit-related concerns sparked a sixth day of selling, with high-growth stocks such as Amazon.com Inc and Facebook Inc taking a hit. Ten of the 11 major S&P sectors fell, with more than 1 percent losses in consumer discretionary, defensive real estate and utilities indexes. The S&P 500 was down 15.23 points, or 0.56 percent, at 2,686.35 and the Nasdaq Composite was down 23.76 points, or 0.33 percent, at 7,112.64.

In Bond Markets U.S. Treasury prices rose on Thursday, sending yields to two-week lows across the curve, as concerns about a weak stock market and Britain’s exit from the European Union prompted investors to seek the safety of government bonds. In mid-morning trading, benchmark 10-year Treasury note yields fell to 3.092 percent, from 3.12 percent late on Wednesday. U.S. 30-year yields fell to 3.341 percent, compared with Wednesday’s 3.355 percent. On the short end of the curve, U.S. two-year yields declined to 2.837 percent, from 2.862 percent on Wednesday.