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Oil prices climb after tumble on hint markets stabilizing

Oil prices rebounded on Wednesday after falling for the past three sesssions with worries about oversupply and a slowing global economy keeping markets under pressure though sentiment may be shifting as falling equity markets seemed to stabilize.

Asia tenses for Fed call, oil slide boosts bonds

Asian share markets played second string to bonds on Wednesday as a spectacular fall in the price of oil spurred speculation the U.S. Federal Reserve might be done with tightening after its policy meeting later in the session.

Markets

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Dow » 23,675.64 +0.35%
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Nikkei 225 » 20,978.66 -0.65%
US 10YR
+2.814
-0.009
DE 10YR
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-0.004
JP 10YR
+0.015
-0.011
USD / EUR » 0.8785 -0.18%
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USD / JPY » 112.2700 -0.21%