U.K. shares rise as Fed cuts easing on Thursday

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Source: Bloomberg
United Kingdom stocks soared on Thursday trading session rising for the fourth successive day after a report showed that the nation's manufacturing activity advanced by more than originally forecast last month. The London's FTSE 100 Index increased as much as 16.67 points to a level of 6,796.7 as of 11:48 a.m. in London after the Fed announced a cut of its bond purchasing program.

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Thu, 01 May 2014 16:15:04 GMT

WTI falls as inventories reach record high

West Texas Intermediate crude slipped on Thursday falling towards the weakest level in a five-week period after an industry report showed that stockpiles in the world's largest oil consumer, U.S., advanced to the highest level all-time. WTI for settlement in June fell $0.94 to a level of $98.80 per barrel on the NYMEX, the least since March 25.

Thu, 01 May 2014 15:42:05 GMT

Australian export prices climb faster than forecast in Q1

Australia's export prices jumped in the first three months of this year, according to data revealed by the Australian Bureau of Statistics on Thursday, as the prices advanced by 3.6% compared to an originally projected level of 1.5%. The report also showed that import prices rose by 3.2% in the Q1, while it was estimated to gain 1.8%.

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