Pound loses as Fed and BOE Rate expectations differ

Source: Bloomberg
The U.K. pound dropped the most in four months against the greenback as the Fed and BoE gave oppposite signals on the future rate of yields. The U.K. currency depreciated 0.9% to $1.6491 as of 4:58 p.m. London time, the biggest drop unseen since November 1. It dropped to $1.6476 on Friday trading session, the weakest since February 12. The U.K. currency traded at 83.65 pence per Eurozone's currency after it slid to 84 pence on March 19, the lowest level since Dec. 25.
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Mon, 24 Mar 2014 14:36:06 GMT

WTI jumps on concerns russian oil supplies may be disrupted

West Texas Intermediate oil slightly increased on Monday session despite a fast that hedge funds lowered their bets on further increase in prices amid concerns that sanctions put on the Russian Federation may disrupt oil supplies. WTI for delivery in May added 42 cents to $99.88 per barrel on the NYMEX, while the WTI-Brent discount was at $7.12.

Mon, 24 Mar 2014 14:09:04 GMT

Brent falls as China's factory output drops

The European benchmark Brent crude declined on Monday trading session falling for the first day in three after a government report showed that manufacturing production in China slowed down in Marc easing for the fifth straight month. Brent for settlement in May lost 47 cents to $106.45 per barrel on the London's ICE and it was last seen at $107.01

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