WTI rises as stockpiles drop for sixth week

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Source: Bloomberg
West Texas Intermediate crude increased on Wednesday rising for the second straight session amid speculation that a report this week may show inventories in the U.S. dropped for the sixth week. WTI for delivery in February gained 40 cents to $97.07 per barrel on the NYMEX and traded at $93.97 by 3 p.m. in Singapore.

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Wed, 08 Jan 2014 09:44:26 GMT

Gold falls before Fed's minutes today

Gold declined on Wednesday as the U.S. Dollar held firm before the U.S. Federal Reserve released minutes from the last policy meeting suggesting that the country's central may continue to trim its stimulus measures. Bullion for January settlement fell 0.5% to $1,225.71 an ounce and traded at $1,226.62 as of 2:16 p.m. Singapore time.

Wed, 08 Jan 2014 10:17:03 GMT

Aussie falls versus most of its peers

The Australian Dollar declined on Wednesday falling against the majority of its most-traded peers on speculation that the U.S. Federal Reserve may continue to trim its stimulus measures reducing liquidity in emerging markets. The so-called Aussie added 0.3% to 93.66 yen and it was little changed versus the U.S. Dollar at 89.24 U.S. cents as of 5:56 p.m. Sydney time.

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