Brent rises before inventories report today

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Source: Bloomberg
The European benchmark Brent crude advanced on Thursday before a government report showed that inventories in the world's largest oil consumer, U.S., increased by 800,000 barrels to 386.2 million. Brent for settlement in December expiring today climbed 16 cents to $107.28 a barrel on the London's ICE Futures Europe exchange.

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Thu, 14 Nov 2013 09:57:06 GMT

Japanese industrial production revised down against expectations

According to Japanese Ministry of Economy, growth in manufacturing production of the country was revised down to 1.3% in September of this year, while the prelim estimate showed a 1.5% advance. Economists did not expect any changes from the initial data. Among particular sectors of Japanese manufacturing, shipments rose 1.5% instead of 1.6%, while inventories declined 0.2%.

Thu, 14 Nov 2013 09:35:06 GMT

Japan's Yen slips as GDP slows down in Q3

The Japanese currency weakened versus the majority of its most-traded counterparts on Thursday as Asian shares advanced and a government report showed that the performance of Japan's economy eased in the Q3. Yen fell 0.4% to 99.59 per U.S. Dollar by 2:53 p.m. Tokyo time following a decline to the lowest level since September 12 at 99.80 this week.

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