Oil declines amid supply risk

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Source: Bloomberg
Oil fell from its three-day high close in London as worries that demand will ease added signs of declining supply in the U.S. Oil tumbled 1% as Japan's trade deficit rose more-than-expected  amid euro-debt crisis and a slowdown in China's exports. On Wednesday, October-delivery Brent oil fell $1.05 and traded at $113.59 per barrel in London. In New York, October-settlement crude was at $113.59 per barrel.
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Wed, 22 Aug 2012 12:45:52 GMT

Treasuries gain amid Japan's slowdown

Treasuries extended a three-day rally as global equities tumbled after Japan's trade data dropped short of analysts' estimates, rebounding worries that the Eurozone crisis and China's slowdown weaken global growth. The 10-year rate fell to 1.78%. The 1.625% bond due in August 2022 surged 5/32 to 98 18/32.

Wed, 22 Aug 2012 14:22:51 GMT

German stocks declined ahead of FOMC minutes release

German shares dropped after Japan reported wider than expected trade deficit in July. Escalated cautiousness ahead of the FOMC minutes release also weighted down on German blue chips. The German DAX Index declined by 0.78% to trade at 7,017.41. Only one sector included in the index increased. Financials moved higher thanks to Deutsche Bank that gained 0.52%. At the same

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