Treasuries advance slightly as Yellen might replace Bernanke

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Source: Bloomberg
U.S. Treasuries recorded a modest gain on Wednesday with the five-year notes snapping a drop from yesterday as the country's President Barack Obama said Janet Yelled is set to replace Ben Bernanke as Chairwoman of the Fed, suggesting that borrowing costs are likely to stay low. 5-year securities slipped 0.01% to 1.41% at 1:54 p.m. Tokyo time.

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Wed, 09 Oct 2013 06:43:55 GMT

Japan's machine tool orders drop in September as export demand falls

Machine tool orders in the Asian second-largest economy fell on an annual basis in September mainly due to a steep drop in export demand, the Japan Machine Tool Builders' Association reported on Wednesday. The report showed that the total figure of machine tool orders slipped 6.3% in September as the export market orders declined 23.4% in same the month.

Wed, 09 Oct 2013 07:28:08 GMT

WTI is little changed amid more progress in budget talks

West Texas Intermediate oil fluctuated on Wednesday trading session amid signs that the U.S. deadlock might come to an end as policymakers took further steps in order to agree on the new debt ceiling. November WTI futures were little changed at $103.51 a barrel, up 2 cents on the NYMEX as of 12:24 p.m. in Singapore after the prices advanced

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