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Posts tagged Snaps
Futures Movers: Crude oil snaps 6-session losing streak
0Futures Movers: Crude oil snaps 6-session losing streak
Oil futures top $74 a barrel after the U.S. Energy Information Administration revises up its global oil demand forecast and investors enjoy a break from disappointing economic data.
Read more on Market Watch
Libor for Three-Month Dollar Loans Snaps 13 Days of Increases
0Libor for Three-Month Dollar Loans Snaps 13 Days of Increases
The rate banks say they pay to borrow in dollars for three months declined for the first time in 14 days, British Bankers’ Association data showed. The London interbank offered rate, or Libor, for such loans fell to 0.536 percent today, from 0.538 percent yesterday, the BBA said. It was the first drop since May 10.
Read more on BusinessWeek
