Emerging market stocks gain as Crimea tension eases

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Source: Bloomberg
Emerging-market equities increased on Monday trading session rising form the lowest level in four weeks as Russian shares gained after the Ukraine's Crimea referendum during the weekend passed without any violation. The MSCI Emerging Market gauge advanced as much as 0.6% to 943.72 as of 10:56 a.m. New York time.

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Mon, 17 Mar 2014 16:00:45 GMT

WTI and Brent fall as Crimea votes to join Russia

West Texas Intermediate oil dropped on Monday trading session together with falling Brent crude amid speculation that oil shipments from Russia to Europe are unlikely to be disrupted by this weekend's referendum showing that the Ukraine's Crimea voted to join Russia. WTI slipped 1.2% on the session, while the European benchmark Brent crude fell by 1.7%.

Mon, 17 Mar 2014 16:00:15 GMT

U.S. industrial output rebounds in February

Manufacturing output in the world's largest economy increased in February rebounding after January's drop, while the overall industrial production climbed, a report published by the Federal Reserve showed on Monday. According to the report, the U.S. industrial output gained by 0.6% in February following a 0.2% slide in the month before.

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