Brent falls on speculation over slower growth in U.S. and China

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Source: Bloomberg
The European benchmark Brent crude decreased on Thursday trading session amid speculation that the world's two biggest oil consumers, the U.S. and China, may have lost their momentum as their economies slowed down in the Q1. Brent for delivery in June dropped as much as 83 cents to a level of $107.24 per barrel on the London's ICE Futures Europe exchange.

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Fri, 02 May 2014 05:18:05 GMT

Treasuries gain as jobless claims increase unexpectedly last week

U.S. Treasuries advanced on Thursday paring their previous losses after a report showed that jobless claims in the country advanced surprisingly last week to the highest level in nine weeks rising speculation that the U.S. economy may be recovering slower. The benchmark 10-year government bonds yielded one basis point higher at 2.66% by 8:40 a.m. New York time.

Thu, 01 May 2014 16:15:04 GMT

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