Oil futures continue to gain

Source: Bloomberg
Oil futures increased  for a third day in a row on good economic news from the U.S. and signs of hope for Europe, after Mario Draghi's report. Crude oil for September settlement jumped 0.5 %, to $89.38 per barrel, while Brent oil for September delivery advanced 0.7 per cent to $105.06 per barrel.
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Thu, 26 Jul 2012 20:13:38 GMT

Pending Home Sales drop in June

According to the National Association of Realtors report, pending home sales in the U.S. fell unexpectedly in June. The Index fell by 1.4 per cent in June, despite growing optimism about the U.S. property market recovery. Regionally, pending home sales in the Northeast declined by 7.6%, 0.4 per cent in the Midwest and 2.0 and 2.6 per cent drop in the South and in the

Thu, 26 Jul 2012 19:51:37 GMT

Gold edged higher on Thursday

On Thursday, July 26, gold futures edged higher as Mario Draghi said the ECB will do whatever is needed in order to save the Euro and amid growing expectations of another quantitative easing in the U.S. December gold jumped 0.6 per cent to $1,621.60 per ounce during today's New York trading session.  At the same time, silver futures for September settlement advanced by 0.6 per

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