European shares fall from 3-week highs on U.S. GDP

Source: Bloomberg
The majority of European equities dropped on Wednesday trading session following an increase towards their three-week highs after a government report showed that gross domestic product in the U.S. eased by more than economists projected in the Q1. The Stoxx Europe 600 Index fell 0.2% to 337.44 as of 2 p.m. London time snapping its monthly gain to 0.9%.

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Thu, 01 May 2014 05:15:04 GMT

WTI falls on high U.S. stockpiles

West Texas Intermediate crude dropped on Wednesday trading session and it headed for the largest monthly drop since November 2013 amid speculation that inventories in the U.S., the world's biggest consumer, advanced to more than 83-year high. WTI for settlement in June lost $1.27 to $100.01 per barrel on the NYMEX and was last seen at $100.10 by 12:23 p.m.

Wed, 30 Apr 2014 16:09:05 GMT

Italy's CPI adds 0.6% in April

Inflation measured as consumer price index in Italy accelerated in the month of April following previous drops, a report published by the statistical office ISTAT unveiled on Wednesday. The country's consumer price index grew 0.6% on an annual basis in April following a 0.4% gain recorded in March, while it was originally seen to be rising by 0.5%.

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