Futures for natural gas decreased during European trade

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Source: Forexpros

On Friday, futures for natural gas decreased during European trading session. On the NYMEX July delivery futures were traded at the rate of USD2.235 per MMBtu. The support for natural gas was prone to be found at USD2.232, and resistance was likely to be at USD2.486 per million British thermal units.


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Fri, 08 Jun 2012 17:50:32 GMT

Euro stock on decline, DAX off 0.22%

On Friday, stock markets in Europe closed lower on poor German export, Spanish sovereign downgrade. Fitch rating agency significantly decreased Spanish credit rating, German exports slipped 1.7%, compared to an expected 0.7% decline. European trade closed with EURO STOXX 50 0.03% increase, France's CAC 40 declined by 0.66%, and German DAX 30 fell by 0.22%.

Fri, 08 Jun 2012 20:24:29 GMT

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On Friday, the Bureau of Economic Analysis reported that the United States' trade balance declined from −52.6 billion last month to −50.1 billion, which is more than expected since analysts had predicted it to be −49.5 billion. The figure for the preceding month was revised from −51.8 billion.

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