Oil prices take breather after weekly rally

Note: This section contains information in English only.
Source: Reuters
Crude futures fell on Monday after the last week's rally, sparked by the rebound in stock markets in China and a drop in US stockpiles. WTI futures dropped 1.46% to $44.60 per barrel, while contracts for Brent crude slid 1.48% to $49.32 per barrel by 07:06 AM GMT. However, despite the steep weekly gains, oil prices are still heading for another monthly fall amid concerns over China and the ongoing oversupply.  
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Mon, 31 Aug 2015 08:27:06 GMT

Yen rises versus Greenback amid higher risk aversion on markets

The recent Asian stock market rout and uncertainty in global financial markets drove more investors into the Japanese Yen, as a safe haven currency. The USD/JPY pair fell 0.41% to ¥121.19 by 07:32 AM GMT on Monday. Meanwhile, trader's attention is mainly turned to the prospects of the rate raising by the Fed, as any signs of higher volatility diminish

Fri, 28 Aug 2015 11:35:14 GMT

UK economic growth keeps pace in second quarter

The second estimate of the UK GDP released on Friday left the growth unchanged at 2.6% year-on-year and 0.7% quarter-on-quarter, meeting the estimates. In the second quarter of 2015 the UK economic was mainly driven by a rise in exports and a strong services sector, which advanced 0.7%. Meanwhile, economists revised their GDP growth prediction for the UK economy for

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