Oil erases gains after rally

Note: This section contains information in English only.
Source: Marketwatch
Crude futures were in red on Tuesday, giving up their overnight gains, as weak Chinese factory data brought back worries over oil demand from the world's major energy consumer. WTI futures were traded 4.21% lower at $47.13 per barrel, while futures for Brent slumped 4.38% to $51.75 per barrel by 08:34 AM GMT. Meanwhile, traders are still bracing for very high volatility in oil prices this month, as crude soared by more than 20% at the end of last week.  
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Tue, 01 Sep 2015 10:03:04 GMT

Cable weaker on post-UK data

The Sterling dropped versus the US Dollar on Tuesday after the release of worse-than-expected manufacturing data from the UK. The GBP/USD was trading 0.09% lower at $1.5325 by 08:50 AM GMT, after falling from the session high at $1.5407. Meanwhile, the manufacturing activity in the UK slowed down in August, as the PMI measure showed the contraction to 51.5, down

Tue, 01 Sep 2015 09:08:10 GMT

Asian stocks in red on disappointing Chinese factory data

Equity markets in Asia fell on Tuesday, following the disappointing manufacturing data from the world's second biggest economy that fuelled concerns about growth in China and its neighbouring economies. China's official manufacturing PMI for August fell to 49.7, from 50.0 in July. The Shanghai Composite Index dropped 1.28%, the Japanese Nikkei Index closed 3.84% lower, while the Australian S&P ASX

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