Sweden's expansion accelerates on spending and exports

Source: Bloomberg
Swedish GDP unexpectedly advanced in the second quarter, rising at the fastest speed since the end of 2010 amid increased spending and exports' volumes. GDP increased 1.4% through June, the estimated expansion was 0.2% in the quarter and 0.6% in the year.
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Mon, 30 Jul 2012 12:02:48 GMT

Gold surged after US GDP data

Precious metals rose on Friday on Fed easing speculation after US economy posted slower than expected expansion in Q2. Moreover, hopes that the ECB will ease its monetary policy further spurred precious metals.

Mon, 30 Jul 2012 10:41:47 GMT

Demand decline for China's thermal coal

China's power-station coal fell in price for a 12th week to the lowest since 2009 as demand for electricity shrank and hydropower production rose. On Sunday, coal tumbled to a range of 620 Yuan ($97) to 635 yuan per metric ton. The midpoint was 0.8%, the lowest value since October 2009. Thermal coal inventories dropped 1.2% in July, staying beyond

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