WTI trades near six-month low as stockpiles rise

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Source: Bloomberg
West Texas Intermediate oil fluctuated on Thursday and traded close to the weakest level in a six-month period and recorded the largest spread to Brent crude after a report showed that inventories in the U.S. gained for 10th week. WTI for delivery in January slipped 12 cents and traded at $92.18 a barrel on the NYMEX as of 10:15 a.m. London time.

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Thu, 28 Nov 2013 13:41:04 GMT

Won falls as Yen advances helping Japan's exporters

The South Korean currency slipped on Thursday falling to the lowest level in a two-week period amid speculation that the country's exporters lost advantage against their Japanese peers as the Yen declined today. The South Korean Won fell 0.4% to 1,064.74 per U.S. Dollar, the least since November 15, and it closed at 1,061.35 per U.S. Dollar in Seoul.

Thu, 28 Nov 2013 13:19:07 GMT

Euro strengthens versus Yen as inflation in Saxony rises

The shared currency strengthened on Thursday rising to the highest level in four years against the Japanese Yen after a report showed that year-on-year inflation in Germany's Saxony region rose for the first time in a five-month period suggesting that the ECB may not cut its interest rates further. The Euro jumped 0.2% to 138.96 Yen as of 10:28 a.m.

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