Europe closes in green on Wednesday

Source: WBP Online
Major European equity indices finished higher on Wednesday amid solid UK labour market data, whereas the annual inflation rate turned negative in the EU in April. Britain's FTSE 100 Index closed flat at 6,167.00, whereas Germany's DAX 30 Index added 0.5%, finishing at 9,939.50 points. Meanwhile, France's CAC 40 Index jumped 0.6%, closing at 4,324.80, and the pan-European Euro Stoxx 50 Index grew 0.8% to 2,955.50 points.

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Thu, 19 May 2016 07:07:13 GMT

Asian stocks trading low on Thursday after Fed minutes

Markets in Asia were mainly lower, as traders reacted to latest Federal Reserve minutes, which increased chances for a rate hike in June. In Japan Nikkei 225 index ended day's trading unchanged at 16,646.66 points and Topix went down 0.1% to 1,336.68 points. In Chine was a similliar picture, as Shanghai Composite increased 0.1% to 2,810.70 points, Shenzen Composite added

Wed, 18 May 2016 16:38:11 GMT

Gasoline inventories post 2.5 million fall

According to the US Energy Information Administration's weekly report released on Wednesday, gasoline inventories dropped more-than-expected in the week ended May 13. Thus, gasoline inventories declined 2.5 million barrels, following the 1.2 million drop seen in the previous week and surpassing analysts' expectations for the 0.9 million fall.

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