Markets expect EIA information on US stockpiles

Source: WBP Online
Crude oil futures on Wednesday were stagnant and stayed just below multi-month highs reached on Tuesday after an API report was published, that US oil stockpiles have decreased during last week. WTI futures surged 0.4% to $ 48.49 per barrel and Brent added 0.2% to 49.38 per barrel. Energy Information Administration of the US was set to release official stockpile data on Wednesday.
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Wed, 18 May 2016 08:41:12 GMT

European stocks open lower on Wednesday

Stock exchanges in Europe trailed Asian stocks by opening also lower on Wednesday, as at the session opening UK's FTSE 100 dropped 0.5% to 6,140.13 points and German DAX 30 index fell 0.8% to 9,811.80 points. In the meantime, French CAC 40 lost 0.6% to 4,272.74 points and pan-European Euro Stoxx 50 shrunk by 0.7% to 2,917.54 points.

Wed, 18 May 2016 07:13:16 GMT

Chinese shares fall as US Dollar goes up on Wednesday

Low performance in the US exchanges on Tuesday, due to speculations about future monetary policy, affected start of trading in Asian markets on Wednesday. Hang Seng index fell 1.1% to 19,889.55 points, Shanghai Composite dropped 1.1% to 2,811.75 points and Korean Kospi slipped 0.8% to 1,952.00 points. In the meantime Japanese Nikkei 225 index increased 0.6% to 16,748.36 points.

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