Slumping
oil prices damped demand for Russia™s ruble and increased the appeal of
bonds. European stocks rebounded with Greek shares on prospects for a
compromise between the country™s government and its creditors.
West
Texas Intermediate crude slid 3.5 percent to $50.31 a barrel at 7:03
a.m. in New York. The Stoxx Europe 600 Index advanced 0.2 percent while
Greece™s ASE index gained 1.3 percent and the nation™s bonds rose after
the government submitted a request to extend the availability of bailout
funds for six months. Standard & Poor™s 500 Index futures lost less
than 0.1 percent. Treasuries gained with U.K. gilts and German bunds.
The ruble fell for the first time in five days.
U.S.
crude stockpiles probably rose for a sixth week to the highest in at
least three decades, analysts in a Bloomberg survey said before an
Energy Information Administration report. While oil has rebounded from a
six-year low in January, some options traders are betting the gains
won™t last.
Stocks
and S&P 500 futures were little changed after gains this year
boosted the value of global equities to a record $67 trillion, while
lower oil prices spurred deflation in countries from France to Finland.
Treasuries extended their advance from Wednesday, when Federal Reserve
officials signaled an inclination to keep rates on hold œfor a longer
time in minutes of their January meeting.
Source: Bloomberg
0 komentar :
Post a Comment