Asian shares fall as oil rises and Treasury yields climb
Major Asian, US and European stock indexes were lower, while bonds and the dollar were mixed. The report also showed Brent crude higher and gold at a more than seven-week low.
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Major Asian, US and European stock indexes were lower, while bonds and the dollar were mixed. The report also showed Brent crude higher and gold at a more than seven-week low.
Crude prices are holding onto earlier gains after the updated EIA weekly petroleum inventory data amid focus on US-Iran talks and Saudi supplies. US diesel cracks are still down on the day with data showing a small drop in distillates stocks and lower exports on the week. US gasoline cracks have fallen slightly back cl
WASHINGTON (dpa-AFX) - Crude oil inventories in the U.S. edged slightly lower in the week ended September 11th, according to a report released by the Energy Information Administration on Wednesday.The EIA said crude oil inventories dipped by 0.6 million barrels last week after slipping by 0.4 milli…
Personal income rose 0.4% versus 0.2% consensus, personal spending rose 0.2% versus 0.2% expected, and PCE came in at 0.2% versus 0.1% consensus, while Q2 GDP second estimate matched forecasts at 1.5%.