Crude futures above $98 amid Syria concerns

Source: Marketwatch
© Scanpix\Reuters
U.S. crude-oil futures climbed to the highest level in four months on Monday, following boosted concerns that the riot could spread to other states in the oil-producing regions of the Middle East. The July crude contracts gained 49 cents to $98.34 a barrel, the highest since early February. Brent crude for August settlement also rose 18 cents to $106.11 per barrel.
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Mon, 17 Jun 2013 12:31:25 GMT

German salary increases, overseas sales offer hope for Euro block

German salaries climbed at their fastest temp in four years at the beginning of 2013 and Euro area overseas sales inched up in April, pushing the Eurozone's economy towards recovery. German Hourly labour costs increased 3.9% in the first quarter,  the most since 2009, and gained more than the overall Euro area rate of 1.6%. 

Mon, 17 Jun 2013 11:58:23 GMT

U.K. bonds decline after house prices increase curbs bets on BOE bond purchases

U.K. government bonds dropped, after rising for four days in a row, as an industry data indicated property prices climbed, damping the case to maintain low borrowing costs for additional central-bank bond purchases. The 10-year U.K. bond yield advanced two basis points to 2.08% and the 1.75% gilt maturing in September 2022 dropped 0.165 to 97.235.

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