US crude oil inventories fall, sending prices higher

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Source: CNBC
The US government announced an unexpected decline in crude inventories on Wednesday, sending oil prices higher. According to the Energy Information Administration, US crude oil stocks dropped by 4.9 million barrels to 529.9 barrels in the previous seven days. WTI added almost $1.5 and Brent grew around $1.2, trading at $37.34 and $39.11 respectively by 14:45 GMT on the NYMEX.
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Wed, 06 Apr 2016 17:16:04 GMT

US stock markets trade in green on Wednesday

US stocks traded higher on Wednesday, helped by a surprise decrease in crude inventories and a rise in healthcare stocks. The S&P 500 Index added 0.5% to 2,005 points, while the Dow Jones Index gained 0.3% and the Nasdaq Composite Index rose 0.7%, increasing to 17,658 and 4,880 points respectively by 15:30 GMT.

Wed, 06 Apr 2016 16:54:07 GMT

Gold trades lower in line with expectations

The yellow metal traded weaker on the London Stock Exchange on Wednesday ahead of the FOMC meeting. Thus, gold dropped around 0.2%, trading at $1,227.5 per ounce by 9:00 GMT. Analyst from FxWirePro expected bullion to trade between $1,225 and $1,242 per troy ounce on Wednesday.

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