Brent crude drops amid IEA demand outlook

Source: Bloomberg
Crude declined for the first time in a four-day period on Thursday as stockpiles in the U.S. reached the 22-year high and as the International Energy Agency's outlook for global oil demand decreased. May Brent futures lost 70 cents, or 0.7%, to $105.09 a barrel on London's ICE Futures Europe exchange, while the Brent premium to WTI fell to $10.75, the narrowest since June 2012.

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Thu, 11 Apr 2013 17:58:34 GMT

Emerging-market stocks rise led by technology sector

Emerging-market shares increased for the third straight day on Thursday mainly due to a growth of technology sector and consumer discretionary companies as South Korea's currency rose and Turkish two-year yields declined to its lowest level in one month. The MSCI Emerging Market Index gained 0.5% to 1,029.56 earlier on Thursday London session, its highest since April 1.

Thu, 11 Apr 2013 17:47:51 GMT

Emerging-market yields fall amid BoJ stimulus

The emerging-market average yield shrank to the lowest levels all time on Thursday as the Bank of Japan decided to double its monetary base in next two years in order to fight deflation in the country boosting demand for higher-yielding assets. The average yield in emerging markets tracked by JPMorgan Chase & Co. dropped 0.16% since April 3 with the South Africa's 10-year yield fell

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