WTI rises to almost one-week high as U.S. inventories shrink

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Source: Bloomberg
© Scanpix/AP
West Texas Intermediate crude traded almost at one-week high after U.S. crude supplies decreased to the lowest since January. Crude inventories fell 6.9 million barrels to 367 million which is the third weakly decline. WTI for August settlement stepped up 27 cents to $106.75 a barrel as of 1:53 p.m. on the New York Mercantile Exchange.
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Thu, 18 Jul 2013 15:43:03 GMT

European bonds climbs on stimulus speculation

European bonds advanced for a third straight day as Fed Chairman Bernanke's speech boosted speculation that that central banks around the globe will continue stimulus. Germany's ten-year bond yield declined two basis points to 1.52% as of 2:07 p.m. in London. Return on 10-year Dutch bonds decreased three basis point to 1.95%.

Thu, 18 Jul 2013 13:58:08 GMT

Sterling appreciates against Euro after positive retail sales report

The Pound advanced against the common currency after a retail sales report in the U.K. showed an 0.2% increase in June. June is the second month with growth in retail sales, signaling that the recovery is gaining pace. The currency added 0.1% to 86.17 pence per Euro as of 12:30 p.m. in London. Also yield on 2-year bonds declined 0.04

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