Emerging-market stocks rise after Bernanke's comments

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Developing countries' stocks gained after Bernanke said that the Fed will continue its stimulus program. The MSCI Emerging Markets Index jumped 2.6% to 939.04 so far today, however, the gauge is still 10% below its level on May 22 when the Fed indicated it might start tapering its stimulus. However, markets still remain significantly driven by liquidity.


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Thu, 11 Jul 2013 15:00:06 GMT

WTI crude declines on weakening demand

WTI dropped from a highest level in 15 months as more individuals filed for unemployment insurance claims in the U.S. and the International Energy Agency projected global supply will outreach demand growth in 2014. Oil for August settlement fell 1.1% to $105.38 a barrel as of 9:34 a.m. on the New York Mercantile Exchange.

Thu, 11 Jul 2013 14:38:10 GMT

Dollar drops on gloomy employment data

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