Crude loses for third day as Syria risk decreases

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AP
West Texas Intermediate crude lost for a third day as U.S. deal with Russia to remove Syria's chemical weapons reduced risk of supply. October delivery WTI fell 0.7% to $108.54 per barrel at 10:50 a.m. on the New York Mercantile Exchange. The European benchmark's premium to WTI soaked from $3.88 to $3.20 yesterday. November delivery Brent dropped 1.4% to $108.54 per barrel on ICE Futures Europe exchange.
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Wed, 18 Sep 2013 10:58:03 GMT

Dollar drops toward Two-Week bottom against Yen before Fed decision

The greenback dropped toward a two-week bottom versus the Yen before the Fed announces today whether it will decrease its $85 billion of monthly asset buying program. The Dollar fell 0.3% to 98.88 Yen as of 10:05 a.m. London time after soaking to 98.46 Yen on September 16 and The Japanese currency rose 0.3% to 132.04 per Euro.

Tue, 17 Sep 2013 15:25:06 GMT

Canadian Dollar appreciates as factory sales advance to five-month high

The loonie advanced for a second day on factory sales increase at the fastest speed in five months through July, backing the case of economic recovery. Factory sales gained 1.7% to $48 billion, topping expectations. The Canadian dollar climbed 0.1% to 1.0314 Canadian Dollar per U.S. Dollar as of 8:46 a.m. Toronto time, after reaching 1.0283 per U.S. Dollar yesterday. 

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