U.S. retail gasoline prices soared to a seasonal high

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Source: Yahoo Finance

The retail gasoline prices in the world's biggest economy reached a seasonal high during this week, the Energy Information Administration reported on Monday. The average price added 2.3 cents to $3.744 per gallon, and 0.163cts above the comparable year-ago national price average. This is the highest price for this season since 1990.

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Wed, 22 Aug 2012 06:59:16 GMT

Euro strengthens

The Euro strengthened to a 6-week high versus the U.S. dollar and Japanese Yen before European policy makers meet this week and amid speculation the region's debt crisis is being contained. The shared currency rose for a second consecutive day against the greenback after Germany said concessions for Greek government were possible and as Spanish bond yields decreased at the

Wed, 22 Aug 2012 13:17:09 GMT

Indian CPI continue to decelerate

Consumer price index in India rose at the slowest pace in four months in July, said the Central Statistical Office on Tuesday.  Nation's CPI increased by 9.86 per cent from a previous year, after jumping 9.93% in June.  In the meanwhile, the Indian Central bank left the benchmark interest rate unchanged in the previous month in order to prevent inflation risks.

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