Crude oil futures decline as Fed stimulus uncertainty weighs

Source: WBPonline
© Scanpix\AP
Crude oil prices declined in the European afternoon trading session as investor concerns rose before the Fed meeting minutes on Wednesday. North American crude declined 1.28% to $105.49 per barrel, at the same time Brent crude decreased 0.78% to $109.05 per barrel, adding to signs U.S. investment bank Goldman Sachs said that Brent may increase above $115 per barrel in the near term.
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Tue, 20 Aug 2013 16:33:09 GMT

U.S. stocks mostly gain before Fed; DJ stayed at 6-week low

U.S. shares advanced, excluding the Dow Jones, following better-than-forecast earnings data, while the Fed stimulus tapering worries continue in the background. The Standard & Poor's 500 advanced 0.22% to 1,649.69 and the Dow Jones Industrial Average dropped 0.02% to 15,007.94, while the Nasdaq Composite inched up 0.30% to 3,599.93.

Tue, 20 Aug 2013 13:53:49 GMT

Euro set for a 6-month high as Dollar falls

The 17-nation currency advanced to the session high against the greenback on uncertainty over the Fed's QE tapering. The common currency inched up 0.75% to $1.3435 versus the U.S. Dollar, while the Dollar index dropped 0.38% to 80.921. The Euro inched up 0.61% to 0.8571 against the Sterling and climbed 0.33% to 130.52 versus the Yen. 

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