Natural gas rises as winter storm hits U.S.

Source: Bloomberg
Natural gas traded in New York increased on Friday heading towards its first weekly advance since January 24 after a demand for heating oil was boosted by winter storms in the U.S. and as inventories dropped to a seasonal 10-year low. Gas for settlement in March gained 2.7% following a climb by 8.3% yesterday to $5.223 a million British thermal units on the NYMEX.

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Fri, 14 Feb 2014 09:55:15 GMT

European stocks firm before GDP data

European shares fluctuated on Friday with the region's benchmark index Stoxx Europe 600 and was set to record a weekly advance before reports showed that economic growth in the Eurozone rose by 0.2% in the Q4 and as industrial production in the U.S. added 0.2%. The Stoxx Europe 600 Index gained 0.1% to 331.86 as of 8:08 a.m. London time.

Fri, 14 Feb 2014 09:47:53 GMT

Dutch GDP expands much more than predicted

Economic advance in the Netherlands inched up in the last quarter of 2013, showing an increase of 0.7% quarter-on-quarter. Moreover, the GDP rise for the July-September quarter was revised up to 0.3%, while economists forecasted the same expansion pace for the Q4. On the annual basis, economy jumped 0.7%, while exports increased only 0.1% and imports growing 0.8% in 2013.

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