Crude oil rises above $49 on Friday

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Source: WBP Online
© FP
Oil surged on Friday and both its benchmarks reached above $49 level, as traders awaited for new data on rig count in US. WTI futures with a delivery in July rose 1.1% to $49.21 per barrel and Brent hiked 0.9% to trade at $49.25 per barrel. Recently oil moved up with unexpected supply disruptions in Canada, Nigeria, Venezuela and Libya.
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Fri, 20 May 2016 07:26:04 GMT

NZD/USD pair experiences a pullback on Friday

New Zealand Dollar is supported by its moving average of 100-day's at 0.6717, as it appreciated against the US Dollar on Friday. NZD/USD pair recovered from a two-month low, which it reached on Thursday. A slight surge in crude oil prices increased demand for riskier currencies as the Aussie and New Zealand Dollar.

Thu, 19 May 2016 16:38:10 GMT

US LEI increases to 0.6% in April

The Conference Board Leading Economic Index for the United States grew to 0.6% last month, following no change posted in March and the 0.1% increase seen in February. Meanwhile, economists polled by Reuters expected the Index to jump to 0.4% in the fourth month of the year.

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