US bonds hits 3-month low amid amid US jobless claims; government debt climb

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Source: Bloomberg
© Scanpix/Reuters
The 10-year Treasuries dropped five basis points to 2.49% as of 9:39 am in New York, after slipping to 2.47% yesterday, the weakest since July 22, as a report revealed more than expected jobless claims for benefits last week. Meanwhile the US debt increased for last three days as trade deficit advanced 0.4% to $38.8, according to Commerce Department releases.
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Thu, 24 Oct 2013 15:32:09 GMT

Crude Oil jumps after 4-month low amid China's manufacturing growth

Benchmark US Crude Oil for December delivery added 0.32 US cents to $97.18 a barrel on Thursday morning, after four-month low, amid China's strong manufacturing data that beat forecasts. According to EIA, US crude stocks advanced 5.20 million barrels on Wednesday's trading hours, against economists' last week expectations of 1.7 million barrels gain.

Thu, 24 Oct 2013 14:37:05 GMT

European shares gain on major company earnings

European shares rose as some major companies posted their earnings that topped the estimates, while China's manufacturing grew more than expected monthly. The Stoxx Europe 600 Index gained 0.3% to 319.91 as of 1:55 p.m. London time; however, the equity-benchmark slipped 0.6% on Wednesday, snapping its longest advance in more than three years.

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