Sterling falls ahead of Carney's speech

Source: WBPonline
The Sterling declined for the second day versus the U.S. Dollar as Syria's unrest situation weighs on the markets and investors are expecting the Nottingham speech from the Bank of England chief Mark Carney. The Sterling decreased 0.47% to $1.5475 against the greenback and was steady at 150.93 against the Yen, while falling 0.21% to £0.8632 versus the Euro.
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Wed, 28 Aug 2013 14:41:04 GMT

WTI at two-year high amid worries Syria unrest will expand

West Texas Intermediate crude oil inched up to the highest level since May 2011 amid worries that unrest in Syria may expand and threaten oil inventories from the Middle East. Brent increased to the highest level in six months. WTI for October settlement jumped to $112.24 per barrel, while Brent for October delivery rallied 2.6% to $117.34 per barrel.

Wed, 28 Aug 2013 12:19:03 GMT

European shares drop amid Syria worries; Accor slips

European shares decreased to almost the lowest level in six weeks as worries expanded the U.S. plans to undertake military action in Syria. The Stoxx Europe 600 Index declined 0.4% to 297.78, the lowest level since July 18. Accor SA retreated 2.8% after releasing first-half profit against analysts' expectations.

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