WTI drops as U.S. crude seen climbing

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Source: Bloomberg
West Texas Intermediate oil dropped from its two-week high before a report released by the Energy Department showing that U.S. crude stockpiles climbed to the highest level in eight months and recorded its longest run of advances since May 2012. April WTI futures slipped 37 cents to $91.69 a barrel on the NYMEX and were at $91.71 at 2:52 p.m. Singapore time.

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Tue, 12 Mar 2013 10:28:03 GMT

U.S. yields are two basis points away from its highest level in 11 months

U.S. government bonds were two basis points, or 0.02 percentage points away from its 11-month high as the government scheduled three debt auctions of total amount of $66 billion. Benchmark 10-year yields were changed at 2.06% earlier on Tuesday London session, while on March 8 the rate of the 2% note due in February 2023 was 2.08% and they were

Wed, 13 Mar 2013 14:07:46 GMT

AUD/USD retests the 20-day SMA

During Friday's trading session the pair sharply dropped to the weekly PP level at 1.0209, but today the pair has already regained its position and even surged above the 20-day SMA, which is currently located at 1.0257.

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