Quote from Mitch83:
http://af.reuters.com/article/commoditiesNews/idAFN1430162820110414
* Muammar Gaddafi's forces fired rockets into the besieged city of
Misrata, rebels said, as diplomatic disputes over Western bombing in Libya
continued. [ID:nLDE73D00A]
* Chinese inflation in March accelerated to as fast as 5.4 percent from
a year earlier, Hong Kong media said, reinforcing the government's vow to
rein in price rises. Economists polled by Reuters expected annual inflation
in March to be 5.2 percent, up from February's 4.9 percent. China is set to
release official first quarter GDP figures and March consumer price data on
Friday. [ID:nL3E7FE0EO]
* Yemen's opposition rejected an offer to join Gulf-mediated talks on a
transfer of power and set a two-week deadline for President Ali Abdullah
Saleh to step aside. [ID:nLDE73D0RP]
* Syrian authorities sought to defuse tensions in Banias by agreeing to
withdraw the feared secret police from the restive coastal city replacing
them with army patrols and to free imprisoned pro-democracy protesters.
[ID:nLDE73D0LU]
Yes. US Initial claims could strengthen hopes for loose US policy though.Quote from InvestVision:
all these 4 are in the same direction pushing OIL down currently ..
MARKETS NEWS
* The euro slipped broadly, hitting a session low versus the dollar on
market speculation that euro zone countries including Greece and Ireland
may be forced to restructure their massive debts. [ID:nWEA4594] The dollar
index .DXY was slightly stronger.
* Copper fell as reports of quickening inflation in top consumer China
signaled more monetary tightening. [MET/L]
* Gold fell in the face of a rebounding dollar. [GOL/]
* European stocks fell on worries Greece would have to restructure its