Canadian CPI exceeds the foreacst

Note: This section contains information in English only.
Source: Forexpros
© Scanpix/AFP

CPI in Canada increased more than expected in October to 0.2 % while analysts expected the indicator to rise by 0.1%, showed the official data. The Canadian dollar fell against the USD by 0.41% in early trading being 0.9691USD.

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Mon, 21 Nov 2011 10:25:32 GMT

Centrica to cooperate with Statoil

The British utility company Centrica signed a 10-year contract with Norway Statoil. The contract is worth ВЈ13bn and envisages Centrica purchases 5bn cubic metres of gas per year from Statoil. The amount of natural gas bought is over 5% of the total UK's gas consumption between 2015-2015. The deal will increase Centrica's production by 25% and will enhance the UK energy security.

Mon, 21 Nov 2011 10:23:38 GMT

The New Zealand dollar declined to seven-week low

The New Zealand dollar decreased to seven-week low against USD as the uncertainty about the Eurozone debt crisis undermined the investors' sentiment. The New Zealand dollar lost 0.37% to 0.7528 USD being the lowest since October 4. However, the kiwi improved its position against Australian dollar to NZD/AUD being 0.7592.

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