Outside of the oil markets, most of the other financial markets were fairly steady yesterday, with the US off for Thanksgiving. Forex markets took on a slightly dollar positive outlook as the euro, sterling and yen gave up some of the gains of the past few days. However, equity markets have been broadly strong (with the notable exception of a consistently lagging and disappointing FTSE 100). The big news in the past 24 hours has been the decision of OPEC not to cut production which resulted in huge declines in the oil price. This has impacted Asian trading today, with equity markets of oil importing countries such as ... (full story)