WTI oil drops from highest level in four months

Source: Bloomberg
West Texas Intermediate crude declined form a four-month high since October on China manufacturing that fell to the lowest level in seven months. WTI for April settlement slipped 0.4% to $102.45 a barrel on New York Mercantile Exchange, after trading at $102.65 at 10:40 a.m. in London. Brent for April delivery decreased 0.6% to $109.78 a barrel in London. 
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Thu, 20 Feb 2014 14:41:53 GMT

German shares retreat most in two weeks

German shares dropped most in approximately two weeks as the Fed minutes indicated that officials will continue with the stimulus cuts and as China's manufacturing most likely fell this month. The DAX Index slid 1.2% to 9,542.15 as of 2:11 p.m. Frankfurt time; however, it has gained 4.7% from its lowest level in February 5. The HDAX Index sank 1.2%

Thu, 20 Feb 2014 11:36:56 GMT

Asian shares fall as China manufacturing index drops

Asian shares declined, with the benchmark MSCI Asia Pacific Index retreating, after China's manufacturing index fell more than expected. The biggest losers were ICBC that lost 2.7% and Naver Corp. that shrank 8.1%. The MSCI Asia Pacific Index decreased 1.2% to 136.01 at 4:09 p.m. Hong Kong time, after all 10 industries slipped. 

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