Natural gas climbs as inventories fall on cold weather

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Source: Bloomberg
Natural gas traded in New York jumped on Wednesday trading session extending previous' day gains amid speculation that heating oil inventories in the U.S. dropped by more than forecast as cold weather  boosted demand. Natural gas for settlement in March advanced 20.4 cents and was last traded at $4.930 a million British thermal units as of 12:50 p.m. on the NYMEX.

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Wed, 12 Feb 2014 17:54:24 GMT

Gold falls from 2-month high

Gold decreased on Wednesday falling from the strongest level in a two-month period as rising equities world-wide pushed a demand for safe-haven assets lower and amid concerns that physical purchases may be reduced as gold prices spurred. Bullion for settlement in February dropped 0.4% to $1,285.97 an ounce as of 9:48 a.m. London time.

Wed, 12 Feb 2014 17:54:04 GMT

Italian bonds rise as borrowing costs across Europe fall

Italy's benchmark 10-year government bonds increased on Wednesday session with the yields falling towards the weakest level in an eight-year period after the borrowing costs of Portugal and Greece slipped to lowest levels since 2010. Italian 10-year notes yielded at 3.69% as of 1:14 p.m. in London following a drop to 3.66%, the least since February 2006.

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