Speculators increase short position in natural gas futures

Source: Marketwatch

Large number of non-commercial traders increased their short positions in the natural gas futures during last week on the New York Mercantile Exchange, reported Commodity Futures Trading Commission. Speculative traders hold net short position amounting 160,591 contracts. Natural gas futures lost 0.5% on the Nymex last week, according to CFTC data.

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Wed, 04 Jan 2012 07:48:50 GMT

Asian stocks mixed on Wednesday

Japanese stocks opened higher on the first day after returning from holidays while Chinese shares declined amid worries about its tight liquidity. Japan's Nikkei Stock Average rose 1.2% and Australia's S&P/ASX 200 climbed 2.1%. China's Shanghai Composite Index lost 0.1%, Hong Kong's Hang Seng  Index gave up 0.5% while South Korea's Kospi was 0.1% down. 

Thu, 05 Jan 2012 09:47:06 GMT

Greece may need additional fiscal measures

Greece may need extra fiscal measures to comply with 2011 budget requirements, said the government spokesman. Moreover, the interim government developed 'very specific' measures to pursue the goal of staying in the Euro Zone, the official added.

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