A Moody's downgrade of six large Canadian banks has sparked fears of broader collapse in Canada's credit markets, knocking the Canadian dollar despite 2017's biggest one-day rebound in oil prices. The New Zealand dollar fell on dovishness from the RBNZ.

• Moody's cuts ratings on six Canadian banks, sparking fears of wider collapse
• 'You wonder if Canada is marching towards Minsky moment in credit markets': Hardy
• CAD lower despite oil's rally due to Moody’s downgrade of Canadian banks
• New Zealand dollar drops sharply on dovishness from RBNZ
• Market caught off guard by RBNZ saying odds of a cut are as high as for a hike
• Oil stages biggest single-day jump of 2017
• Oil gains as drop in crude and fuel stocks triggers short-covering above key levels
• WTI crude looking to establish support above $47 /barrel, Brent above $50/b
• Goldman and IEA see accelerating oil stockpile decline: Hansen 
• Draghi gave no concession to German tapering wing : Boye
• Snap Inc shares plunge 23% after Q1 results miss market estimates