WTI oil advances from this year's low

Note: This section contains information in English only.
Source: Bloomberg

West Texas Intermediate oil bounced off from the lowest level of this year on Tuesday, as U.S. shares advanced amid company earnings data and as the Federal Reserve decided to continue with its stimulus programme. WTI oil for April delivery increased 0.5% to $90.59 after it fell to its lowest level since December 24 on Monday to $90.12.


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Wed, 06 Mar 2013 06:51:03 GMT

Aussie rises as nation's economy expands in Q4

The Aussie Dollar advanced versus most of the major counterparts as data showed Australia's economy expanded in the Q4, driven by exports and household consumption. The Dollar gained as much as 0.3% to $1.0285 at 4:52 p.m. in Sydney after rising 0.6% yesterday, the most since February 22. The Australian Dollar climbed 0.2% to 95.87 yen after earlier reaching 95.92,

Tue, 05 Mar 2013 17:28:03 GMT

RBA maintains cash rate at 3%, GDP growth data to release on Wednesday

Before the December's GDP growth data were released by the Australian Bureau of Statistics, the Reserve Bank of Australia made the decision to keep the cash rate at 3%, matching the market expectation, after a cut by 1.25% in 2012. Gross domestic product of the country is expected to rise 0.7% in the Q4 with annually acceleration of 3.1%, the

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