WTI down to almost 3-day low amid U.S. expansion worries

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Source: WBP Online
WTI crude declined after the U.S., the largest oil-consumer country, showed lower-than-expected data from its vitally important housing market. Additional factor for the drop was the weaker Dollar as greenback's movements and commodities expressed in dollars typically react inversely. WTI futures lost 0.73% to $106.17 per barrel, while Brent crude remained at $108.27 on ICE Futures Europe exchange. 
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Tue, 23 Jul 2013 19:02:05 GMT

U.S. equities fluctuate as investors weigh earnings data

U.S. equities fluctuated after several major companies reported their earnings. Companies mostly showed earnings in line with projections, except technology industry which disappointed investors. The S&P 500 gauge dropped about 0.1% to 1,694.93 as of 10:15 a.m. New York time, while the Dow added  0.2%, or 33.14 points, to 15,578.69.

Tue, 23 Jul 2013 14:36:05 GMT

Hungary cuts main rate to record low

Hungary's central bank decreased the main interest rate from 4.25% to 4.0%, a record low level. This was the 12th monthly cut. The Hungarian Forint depreciated 0.2% to 294.77 versus the Euro at 2:18 p.m. Budapest time. The currency advanced 1.7% in the previous three month. The yield on 10-year bonds dropped from 6.9% to 5.91% yesterday.

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