WTI is little changed as inventories rises for 7th week

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Source: Bloomberg
West Texas Intermediate crude fluctuated on Tuesday traded close to the lowest level in more than a four-month period amid concerns that stockpiles in the world's largest consumer, U.S., increased for the seventh straight week. WTI for settlement in December added 8 cents to $94.70 a barrel on the NYMEX as of 2:30 p.m. in Singapore, after it reached the weakest level since June 21 at $94.61 on November 1.

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Tue, 05 Nov 2013 08:46:03 GMT

China's shares rise as agricultural sector expands

China's equities advanced on Tuesday mainly due to an increase of agricultural companies after the local government claimed it will introduce reforms to spur the industry at the Communist Party meeting this month. The Shanghai Composite Index gained 0.2% to 2,153.92 as of 2:12 p.m. local time, while it has dropped 5% this year, and the CSI 300 Index traded

Tue, 05 Nov 2013 08:24:05 GMT

BoE likely to raise its interest rates in late 2015

The Bank of England is expected to increase its benchmark interest rates in the second half of 2015 before the nation's unemployment reaches a level of 7%, which is forecast to happen in early 2016, a report published by the National Institute of Economics and Social Research. Britain's central bank has maintained its rate at historic low 0.5% since 2009.

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