WTI rises as inventories reach 22-year high

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Source: Bloomberg
West Texas Intermediate oil increased for the second straight day on Tuesday after a report showed that inflation in China rose less than expected in March and as U.S. crude inventories reached the highest figure in 22 years. May WTI futures gained 46 cents to $93.82 a barrel on the NYMEX and it was traded at $93.70 at 9:15 a.m. in London.

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Tue, 09 Apr 2013 16:33:07 GMT

U.S. 10-year yields drop amid Japan's buying

U.S. Treasuries increased on Tuesday amid speculation that buying at today's $32 billion auction of three-year notes will be boosted by the Bank of Japan's decision to double its assets purchases. The benchmark U.S. 10-year yields decreased by two basis points to 1.73% at 9:31 a.m. in New York after it dropped to the lowest since December 12 at 1.68%

Tue, 09 Apr 2013 16:22:12 GMT

Swiss unemployment falls to 3.2% in March

Unemployment in Switzerland shrank in the month of March with the jobless rate falling to a non-seasonally adjusted 3.2% from the previous month's level of 3.4%, a report unveiled by the State Secretariat for Economic Affairs showed on Tuesday. Year-on-year, the unemployment rate stayed flat at 3.2%, while the total number of unemployed people decreased from 126,392 in March 2012

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