Crude jumps from two-week low after jobless claims decline

Source: Bloomberg
© Scanpix\AP
West Texas Intermediate crude oil increased from the lowest level in two weeks, after fewer U.S. employees in over five years claimed for unemployment benefits in the last month. The October WTI contract advanced 44 cents to $104.29 per barrel. The October Brent contract slipped 7 cents to $109.74 per barrel.
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Thu, 22 Aug 2013 15:03:04 GMT

House costs jumped 7.7% in year through June, FHFA says

U.S. house costs increased 7.7% in the year through June, prolonging a rebound that's boosting more homeowners to sell their properties. Prices advanced 0.7% from May, which attracts more sellers to the market and pushes prices up. Diggle's company forecasts that prices will ease to 4% for 2014. The FHFA's data indicated home prices rose 17% from a year earlier

Thu, 22 Aug 2013 14:52:06 GMT

U.S. Dollar slides against the Euro on U.S. jobs data

U.S. Dollar retreated a little against the common currency on U.S. jobs data, which exceeded expectations. The greenback fell 0.20% to $1.3327 against the Euro at 12:32 p.m. GMT, while the U.S. currency added 0.46% to $1.5587 against the Sterling. The greenback was at one and a half month high against the loonie, when advancing 0.39% to $1.0511.

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