FTSE 100 index slightly higher on Tuesday session

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Source: Dukascopy Bank SA
UK FTSE 100 index fluctuated between gains and losses on Tuesday. Financial turmoil in Spain kept weighing on investor sentiment. Traders were also cautious before US consumer confidence data. Positive effect came from speculation China will add monetary stimulus to its economy. Energy companies Tullow Oil and Glencore International surged 2% and 1.9% respectively as oil price climbed. On the downside Wolseley fell 4% after reporting weakness in its third quarter results. At the moment of writing FTSE 100 is 0.3% or 13 points up at 5,369.21. 

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Tue, 29 May 2012 14:17:58 GMT

German DAX advances led by car-makers

German shares advanced on Tuesday supported by hopes US consumer confidence is improving amid stabilizing property market. Gains were limited on news China are not preparing a large scale monetary accommodation. Car makers led the gains for German benchmark index. Volkswagen surged 3.3% and Daimler added 2.4%. BMW climbed 2.3%. On the downside Deutsche Telekom dropped 1.2%. At the moment

Tue, 29 May 2012 15:24:02 GMT

Wheat fell as weather forecasts improved

Rural commodities dropped over last week as weather conditions in the top-growing regions are likely to improve.Wheat lost almost 4% over the last week on speculation that long-awaited rains in Russia and Australia will boost crop prospects.Corn was the top-loser as China plants to increase supplies while worries about the Euro Zone's demand pushed the commodity lower.Sugar extended previous losses

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