German bunds drop before ECB's decision

Note: This section contains information in English only.
Source: Bloomberg
Yield on 10-year German government bonds jumped to the highest level in 3 weeks as investors speculated that the ECB will not announce additional stimulus in a meeting tomorrow. The yield rose 2 basis points to 1.69% after touching the level of 1.71% earlier today. Bunds slid after better-than-expected unemployment data, increasing appetite for riskier assets.
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Wed, 31 Jul 2013 12:09:53 GMT

WTI heads towards best month since August ahead of U.S. oil report

West Texas Intermediate headed towards its best month since last August ahead of the report that is expected to indicate that crude stockpiles declined in the U.S. The September WTI contract inched up to $103.73 per barrel. Brent for September delivery decreased to $106.25 per barrel. U.S. fuel stockpiles jumped by 1.8 million barrels previous week.

Wed, 31 Jul 2013 11:57:10 GMT

Stocks in Europe rise before Fed's decision

Stock prices in Europe rose together with U.S. equity futures before the Fed announces its decision on monetary policy. The Stoxx Europe 600 Index jumped 0.2% after falling 0.5% earlier today. S&P 500 future contracts gained 0.2%. The Fed might start tampering its stimulus program if the country's economy meets expectations.

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