Crude oil futures decrease

Source: Forexpros

Crude oil futures decreased after a yesterday's rapid growth that pushed prices above USD100-a-barrel. On the New York Mercantile Exchange crude futures for January delivery cost USD97.74 a barrel at the early European trade, losing 0.48%. Analysts say the fall in oil demand was caused by high investors' attention to the today's summit of the EU finance ministers.

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Tue, 29 Nov 2011 10:41:35 GMT

Swedish economy grows more than expected

Sweden's economic growth surpassed most forecasts in 3rd quarter as exports and investment surged. Annual GDP added 4.6% compared to prediction of 3.4% estimated by analysts. Output in 3rd quarter advanced 0.6%. Nevertheless, Annika Winsth, Nordea Bank's chief economist predicts that Swedish growth is likely to slow down in nearest future amid European debt crisis.

Tue, 29 Nov 2011 10:48:28 GMT

UK home prices increased in November

UK home prices climbed in November showing the highest increase since September 2010. The index shows the property prices increased by 0.4% in November from previous month and rose by 1.6% since November last year.  Experts say the reason is lack of supply in the real estate sector coupled with low interest rates. However, despite slight increase in house prices the overall outlook on British

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