WTI falls amid weaker production after storm Karen

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/RS
West Texas Intermediate crude slipped on Monday as U.S. policymakers failed to agree on the new debt ceiling and as oil production remained weakened after the Tropical Storm Karen in the Gulf of Mexico. November WTI futures declined by $1.34 and were traded at $102.50 a barrel on the NYMEX and they were at $102.51 by 9:48 a.m. in London.

Back to articles

Actual Topics

Mon, 07 Oct 2013 10:55:05 GMT

Emerging markets drop first time in 5 days

Emerging-market equities dropped on Monday falling for the first time in a five-day period mainly due to a notable decline of energy and telecommunication shares, when the all 10 groups in the gauge slipped. The MSCI Emerging Markets Index fell 0.5% to 1,002.70 as of 4:24 p.m. Hong Kong time and it has lost 4.7% so far this year.

Mon, 07 Oct 2013 10:33:04 GMT

Treasuries gain as Treasury Secretary asks for higher debt ceiling

U.S. Treasuries increased on Monday reducing the last week's drop after Jacob J. Lewis, the Treasury Secretary, said that the U.S. Congress may need to raise the debt ceiling by October 17 or the country risks failing on its payments. The benchmark 10-year government securities declined 3 basis points to 2.62% as of 9:46 a.m. in London.

Subscribe to "Fundamental Analysis" feed

Souscrire
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.