Oil consolidates after the biggest gain since September

Source: Bloomberg
© Scanpix/FP
Crude oil futures for February settlement were down by 28 cents to $92.81 a barrel on the New York Mercantile Exchange during Singapore trading session on Monday. Market consolidates after last week optimism - oil reached a 2.5% weekly gain, as U.S. employers added 155,000 jobs in December, exceeding estimations and signaling about economic growth in the U.S., the world's largest oil consumer.
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Mon, 07 Jan 2013 15:21:35 GMT

Gold advances as the lowest price in four months spurs demand

Spot gold price increased by 0.4% to $1,662.50 an ounce in the second part of Singapore trading session on Monday. Investors were positive on precious metals, as they have reached the lowest prices in last four months. Gold rebounds after the worst weekly performance since 2004. Commodity prices were strongly affected by the U.S. Federal Reserves statement, that its bond-buying

Mon, 07 Jan 2013 15:54:07 GMT

Yen appreciations from a more than 2-year low

The Yen appreciated by 0.5% to 87.73 versus the Dollar in very early London trading session on Monday. The Japanese currency increased from a 88.41 level, which is the weakest level since July, 2010. The Yen increases mostly due to technical indicators, which showed that the currency was oversold the most in last decade, as the Yen's RSI reached a

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