United Kingdom

It is estimated that around one million people across the UK are breaking the law by using cannabis for medicinal reasons. Many of those people are suffering chronic and painful conditions and the currently available medicines don’t always work for them, whereas cannabis does. They are also faced with a terrible dilemma -should they continue to suffer or risk of breaking the law? Campaigners and British MP’s are stepping up the call for the legalisation of medical marijuana.

• Global stocks, dollar and oil cool ahead of Doha meeting (Reuters)
• Oil Falls Before Doha as Global Markets Brace for Weekend Risk (BBG)
• China Growth Slows; Revival Policies Appear to Gain Traction (WSJ)
• White House hopefuls Clinton, Sanders joust in Brooklyn brawl (Reuters)
• Trump talks up 'New York values' as protesters demonstrate against him (Reuters)
• Sanders Can’t Clarify Wall Street Plan in Testy Clinton Debate (BBG)
• Goldman's Blankfein Said to Push Deepest Cost Cuts in Years (BBG)

• Global shares reach four-month high, forex hit by Singapore sting (Reuters)
• Dollar Rally Hits Commodities as Europe Halts Global Stock Gains (BBG)
• Currencies Across Asia Fall Sharply Against U.S. Dollar (WSJ)
• IEA expects limited impact from oil output freeze at Doha (Reuters)
• IEA Sees Oil Oversupply Almost Gone in Second Half on Shale Drop (BBG)
• BofA Profit Declines 13% on Trading Slump, Energy Reserves (BBG)
• BlackRock quarterly profit falls 20 percent (Reuters)

With oil losing some of its euphoric oomph overnight, following the API report of a surge in US oil inventories, and a subsequent report that Iran's oil minister would skip the Doha OPEC meeting altogether, the global stock rally needed another catalyst to maintain the levitation.

On April 6, 2015 just as the market was topping out, Jim Cramer wrote a column laying out what he called were "49 Stocks to Buy Right Now" which he qualified as "stocks that are clearly marked as winners no matter what, because they are domestic and because they do well precisely in this kind of environment."