Oil futures advance

Source: Marketwatch
Light, sweet crude-oil futures for July delivery rose 0.9%, to USD 84.76 per barrel in Asian trading, amid hopes that finance ministers and central-bank governors from the G7 economies will support policy actions to solve Europe's debt crisis. The ICE dollar index that measures the dollar's performance against a basket of six major currencies, dropped to 82.552 from 82.878 on Friday.

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Tue, 05 Jun 2012 11:36:21 GMT

Euro bounces back above USD1.25 ahead of G7 meeting

The euro climbed above the psychologically significant level of USD1.25 amid rising optimism that at a meeting later today world leaders will insist on more policy action to solve the debt crisis. The euro touched USD1.2525, up from USD1.2493 on Monday, but failed to keep its position above USD1.25. Even this modest improvement will probably be only temporary, if G7 finance ministers and central bank

Tue, 05 Jun 2012 11:14:23 GMT

Hang Seng ends 0.4%

Hong Kong's shares slightly rebounded on Tuesday as investors hoped policy makers during G-7 discussion will come up with some measures to tackle debt crisis. Better China service PMI also contributed positively to the index. Hang Seng index climbed 0.4% or 73.44 points to 18,259.03. Wharf Holdings rallied 2% on report that the company had agreed with the Hong Kong

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