WTI falls amid U.S. production report and waning gasoline demand

Source: Bloomberg
West Texas Intermediate oil decreased for the fourth time in last five days on Wednesday after the U.S. government reported that production increased to the strongest level since 1992 and as demand for gasoline weakened. May WTI futures dropped by $1.42 to $87.30 a barrel earlier on the NYMEX after the contracts closed at the lowest since December 24 on April 15 at $88.71.

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Wed, 17 Apr 2013 16:59:04 GMT

Treasuries rise amid falling stock and commodity prices

U.S. Treasuries advanced on Wednesday pushing the benchmark 10-year rates close to the lowest level in a four-month period after demand for safer assets was boosted by decreasing prices of stocks and commodities on markets. The U.S. 10-year yields were down three basis points at 1.69% as of 10:39 a.m. in New York following a drop to 1.67% on April

Wed, 17 Apr 2013 17:32:06 GMT

Japan's consumer sentiment jumps third month in a row

Consumer confidence in Japan rose for the third consecutive month in March with the seasonally adjusted consumer confidence index rising from 44.2 points in February to 44.8 points in March, a data released by the Cabinet Office revealed on Wednesday. The data also showed that on an unadjusted basis it was up 45 in March from 44.2 in February.

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