WTI first weekly gain in a month

Source: Bloomberg

West Texas Intermediate rose for the first time this week in a month's time after the Malaysian passenger aircraft incident in Ukraine. A general strategist at CMC Markets expects investors could sell Western Texas Intermediate contracts if prices go up to $105.20 per barrel. WTI futures went up 0.7% after a 2% increase yesterday, the largest since June 12.   

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Fri, 18 Jul 2014 08:46:15 GMT

European equities decline amid Ukraine conflict

Stock markets in Europe show a negative tendency for a second consecutive day, already being able to erase the weekly rise. Conflict between Russia and Ukraine continues to escalate, especially after yesterday's shot down of the Malaysia Airlines plane near the border between two countries. Today in the morning, the Europe Stoxx 600 Index is losing 0.6% to 337.6 points.

Fri, 18 Jul 2014 12:12:09 GMT

Yen reaches five-month high

The Yen touched its strongest level since February against the Euro, as investors searched for haven assets after the Malaysian Airlines incident. Japanese currency advanced for a second week against the Euro, as shares went down in Asia. The Yen fell 0.1% from yesterday's 136.71, but it has gained 0.7% this week overall.

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