Service sector in the euro-zone continues to sink

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

Service sector activity in the euro-zone decreased again in November with the highest decline in Spain, according to surveys. The euro-zone's PMI is 47, the level below 50 indicates contraction of the activity. Spain experienced a decline to 36.8 as compared to a drop to 41.8 in October, signalling an accelerated downturn in the country.

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Mon, 05 Dec 2011 17:03:31 GMT

Coffee futures rise on the fears of Colombia and Brazil supply decrease

Coffee futures increased on the unfavorable weather conditions in Brazil and Colombia, the world's largest coffee exporters. The Colombia's coffee output is expected to be steady in the 2011-2012 season as strong rains damaged plants, said the National Federation of Coffee Growers of Colombia. On the ICE Futures Exchange, Arabica coffee for March delivery was traded at USD2.3105 a pound at the early U.S. trade,

Mon, 05 Dec 2011 17:00:28 GMT

Gold futures remain stable

Gold futures remain steady, fluctuating between slight gains and losses with investors eying the situation in the euro-zone. On the Comex division of the New York Mercantile Exchange, gold futures for February delivery were traded at USD 1,749.65 a troy ounce at the morning European trade, edging down 0.09% since opening.

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