Euro dives despite expectation-beating German Ifo

Note: This section contains information in English only.
Source: WBPonline
© Scanpix\AP
Sentiment among companies in Germany advanced more than expected in August, however the 17-nation currency declined. The German business sentiment for August increased from 106.2 in July to 107.5, beating analysts expectations of 107.0. The common currency decreased 0.21% to $1.3340, following a jump of 0.04% to $1.3374.
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Tue, 27 Aug 2013 13:37:05 GMT

Crude oil prices continue to rise as Syria adds to uncertainty

West Texas Intermediate crude futures continued to increase, while conflict in Syria has amplified an the world is expecting the reaction from U.S. WTI advanced 0.93% to $106.91 a barrel, as the contracts for October settlement jumped to $106.84 a barrel yesterday. The Brent crude stayed above the $111 a barrel level, rallying 0.65%.

Tue, 27 Aug 2013 10:22:04 GMT

Gold jumps to two-month high amid ETP holdings, Syria tension

Gold advanced to the highest level in over two months after a decrease in sales of bullion exchange-traded product and on political tension over Syria. Gold for immediate settlement increased 0.4% to $1,410.45 per ounce, while the December bullion contract rallied 1.2% to $1,410.20. Silver for immediate settlement dropped 0.1% to $24.2845 per ounce.

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