Treasuries headed for monthly loss before Fed's policy decision

Source: Bloomberg
© Scanpix/Reuters
Treasuries headed for another monthly loss, which would be the third consecutive monthly fall, on speculation the Federal Reserve will reduce its bond buying programme this year. Policymakers may comment on the programme after today's meeting. U.S. bonds declined 0.2% this month through yesterday. The yield on ten-year treasuries remained flat at 2.62% today as of 10:39 a.m. London time.
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Wed, 31 Jul 2013 12:09:53 GMT

WTI heads towards best month since August ahead of U.S. oil report

West Texas Intermediate headed towards its best month since last August ahead of the report that is expected to indicate that crude stockpiles declined in the U.S. The September WTI contract inched up to $103.73 per barrel. Brent for September delivery decreased to $106.25 per barrel. U.S. fuel stockpiles jumped by 1.8 million barrels previous week.

Wed, 31 Jul 2013 12:43:07 GMT

Stocks and currency fall in Malaysia after Fitch decision

Stock prices in Malaysia dropped after Fitch Ratings decreased the outlook for country's credit rating as country's public finance situation deteriorated. The FTSE Malaysia's KLCI Index plummeted 1.3% to 1,772.62, the biggest decline since June 13. The Ringgit dropped 0.6% to 3.2440 per U.S. Dollar, the weakest point in 3 years.

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