Crude oil declines after China's service data

Source: Forexpros
Crude oil prices dropped in Asian trade on Monday amid weak China's services PMI and dismal US job market data. Light, sweet crude oil futures for July delivery traded at 82.75 US Dollars per barrel on the New York Mercantile Exchange, retreating by 0.58% from the previous session's high of 83.36 US Dollars per barrel.


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Mon, 04 Jun 2012 07:55:19 GMT

Gold edged down in Asian trading

Gold prices declined in Asian session on Monday as traders started to cash out from the market after the yellow metal prices approached almost four-week high on Friday. COMEX gold for delivery in August traded at 1,617.85 US Dollars per troy ounce on the New York Mercantile Exchange, depreciating by 0.26%.

Mon, 04 Jun 2012 09:28:18 GMT

Aussie and Kiwi lower on global growth fears

The Australian and New Zealand Dollar depreciated on worries the global growth has been hit by European debt crisis and expansion slowdown in US. The short selling of Aussie hit a record high as traders bet on national currency's drop versus greenback. Australian Dollar lost 0.4% against its US peer to USD 0.9666 while New Zealand Dollar declined 0.2% to USD 0.7530.

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