Asian stocks climb as Yen drops

Source: Bloomberg
The Asian stocks paired gains after the Yen dropped and Iran agreed to restrain it's nuclear program. The MSCI Pacific Index increased 0.3% as eight out of ten industry groups advanced, while in the previous week index dropped 0.2%. In Asian stocks Nikon Corp. jumped 3.6%, after the Japanese Yen touched the lowest level in nearly six months versus the U.S. Dollar, thus increasing the earnings outlook for exports.
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Mon, 25 Nov 2013 11:02:03 GMT

China's shares are little changed after pipeline explosion in Qingdao

Chinese equities fluctuated on Monday as China Petroleum & Chemical Corp. led declines after Qingdao pipeline explosion killed 52 people and as port and defense-related shares recorded gains. The Shanghai Composite Index slid 0.2% to 2,193.99 by 2:16 p.m. local time following a 0.6% gain recorded earlier on the session.

Mon, 25 Nov 2013 10:40:03 GMT

WTI falls on Iran's nuclear programme and oil sales cap

West Texas Intermediate oil declined on Monday together with Brent crude after the global powers and Iran reached a deal on the country's nuclear programme cutting Iranian sales of oil by 60% since the beginning of 2012. WTI for settlement in January slipped $1.45 to $93.39 a barrel on the NYMEX, while the discount to Brent shrank to $14.70 today

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