Oil falls while gasoline advances

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AP
On Monday, prices for oil were falling, ending a 2-day streak of gains, while gasoline prices were advancing, since refineries stopped their operations before Hurricane Sandy. On the NYMEX, December delivery futures fell by $0.50, hitting a session low of $85.78 per barrel, and subsequently consolidated at $85.95 by 2:47 p.m. in Singapore.
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Mon, 29 Oct 2012 11:04:04 GMT

Gold advances on Japan Stimulus speculation

On Monday, gold was traded higher, following the release of the data that showed that Japanese retail sales added less than expected, which boosted speculation about another monetary stimulus. Spot prices for gold grew by 0.3% to trade at $1,716.05 per ounce, and later consolidated at $1,715.26 by 1:54 p.m. Singapore time.

Mon, 29 Oct 2012 10:30:56 GMT

Retail sales in Spain declined more than expected

National Institute for Statistics reported on Monday that Spain's retail sales decreased more than expected last month. Retail sales fell by 10.9% on a seasonally adjusted basis, compared to a decline of 2.0% in the month before. Economists, however, expected that the last month's reading would be equal to minus 6.2%.

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