Natural gas futures dropped in the European trade

Source: Forexpros

Futures for natural gas declined in the European trading session on Monday. On the NYMEX, July delivery futures for natural gas were traded at USD2.513 a MMBtu, shedding 0.70% by 09:00 GMT. Earlier, natural gas was traded at USD2.498, a session low. The support for natural gas futures were likely to be found at USD2.170, whereas resistance may be at USD2.543.

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Fri, 15 Jun 2012 12:58:47 GMT

Yen gains ground on BOJ stimulus policy

The yen rose versus the euro and the dollar on Friday after the Bank of Japan decided to keep monetary policy measures. Japan's currency gained 0.4 per cent to 79 per U.S. dollar and climbed 0.5 per cent to 99.79 against the single European currency.

Fri, 15 Jun 2012 12:36:47 GMT

U.K. trade balance declined more than expected

According to official data, the trade balance in the U.K. fell more than it was previously expected. On Friday, National Statistics reported that the British trade balance declined to minus 10.1 billion Pounds on a seasonally adjusted basis from the preceding month's minus 8.7 billion. Analysts' forecast, however, was that the trade balance would be minus 8.5 billion Pounds.

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