Asian stocks gain on weaker Yen and U.S. stimulus bets

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Source: Bloomberg
Asia's shares advanced on Wednesday snapping a four-day losing streak on the local benchmark index after the Japanese currency weakened versus the U.S. Dollar together with the country's stocks rising amid carmakers. The MSCI Asia Pacific Index added 0.3% to 141.37 at 2:32 p.m. Hong Kong time, while the Japan's Topix index climbed 0.8%.

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Wed, 06 Nov 2013 09:11:03 GMT

WTI rebounds from 5-month low on lower inventories

West Texas Intermediate oil increased on Wednesday rebounding from the weakest level in a five-month period before a report showed that fuel supplies in the world's largest consumer, U.S., shrank to the lowest level since last November. WTI for delivery in December added 62 cents to $93.99 a barrel on the NYMEX and traded at $93.88 as of 2 p.m.

Wed, 06 Nov 2013 08:49:05 GMT

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U.S. Treasuries swung between gains and losses on Wednesday as demand for companies' bonds reached the highest level in a six-year period as the Federal Reserve signalled it may scale back its stimulus spurring investors to take profits from the market. The benchmark 10-year yields traded at 2.67% by 1:52 p.m. Tokyo time.

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