Brent drops as international talks with Iraq continues

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Source: Bloomberg
Brent crude decreased on Tuesday falling for the third straight day amid speculations that international talks between Western nations and Iraq on the country's nuclear program to ease sanctions curbing oil exports may be successful. Brent for delivery in November expiring tomorrow dropped 25 cents to $110.79 a barrel on the London's ICE Futures Europe exchange.

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Tue, 15 Oct 2013 07:30:58 GMT

Japan's industrial output slips more than forecast

Industrial output in Japan decreased more than economists originally expected in the month of August, a report released by the Ministry of Economy, Trade and Industry showed on Tuesday. The report showed that the country's industrial production fell 0.9% on a monthly basis in August after it dropped 0.7% in the month before, while on an annual basis it slipped

Tue, 15 Oct 2013 08:39:04 GMT

Rupee and India's stocks gain as U.S. is closer to budget deal

India's currency advanced on Tuesday together with local benchmark stock index as U.S. policymakers came closer to a new federal budget deal in order to avoid technical default spurring demand for Indian stocks. The Rupee added 0.1% to 61.4675 per U.S. Dollar at 9:47 a.m. Mumbai time, while the benchmark S&P BSE Sensex Index rose 0.6%.

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