Crude climbs for fourth day after U.S. Jobless claims fall

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Source: Bloomberg
West Texas Intermediate advanced to the highest level in one week after less Americans filed unemployment benefit claims last week and consumer spending recovered in May. The August WTI contract climbed 0.5% to $95.97 per barrel and Brent for August delivery inched up 0.5% to $102.20 per barrel.
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Thu, 27 Jun 2013 16:12:06 GMT

Hong Kong shares climb for third day amid U.S. report, China

Hong Kong shares inched up for the third day as slower-than-predicted U.S. economic expansion showed that the record bond purchases may be kept and on speculation the recent fall in the city's stocks has been overdone. The Hang Seng Index advanced 0.5% to 20,440.08 and the Hang Seng China Enterprises Index dropped 0.1% to 9,158.61.

Thu, 27 Jun 2013 15:50:16 GMT

Treasuries jump on speculation Fed won't cut stimulus

Treasuries advanced for the second day on speculation the Federal Reserve won't start the tapering of monetary stimulus soon, after Richmond Fed President Jeffrey Lacker announce that the central back is far from reducing its balance sheet. The 10-year bond yield fell six basis points to 2.48% and the 1.75% bond maturing in May 2023 added 15/32 to 93 21/32.

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