Oil ahead to set a ninth gain in 10 weeks

Source: Bloomberg
Crude oil futures for March settlement were lower by 14 cents to $97.17 on the electronic New York Mercantile Exchange during Singapore trading session on Friday. Prices are higher by 5.8% higher from the beginning of this year and oil is headed to set a ninth weekly increase in last ten weeks. Oil is traded positively on increasing interest for the U.S. benchmark, which already reached a record high and on OPEC report signaling an oil shipments decline.
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Fri, 15 Feb 2013 12:09:04 GMT

Pound strengthens versus Dollar ahead U.K. retail sales data

The British Pound was higher by 0.2% to $1.5523 in early London trading session on Friday. The Sterling erased a two-day decline, when reached the lowest point since July 26, 2012. Market waited for a report on the U.K. retail sales data and, according to economists estimation, sales increased by 0.5% following a 0.1% decrease in December.

Fri, 15 Feb 2013 13:45:03 GMT

European equity is little changed

The Stoxx Europe 600 Index was lower by less than 0.1% to 287.61 points in early London trading session on Friday. The gauge is ahead to set a 0.1% weekly gain. Market performance is mixed after earning announcements, as PPR SA reported better than expected profit and stock advanced more than 4% and Aker Solutions ASA was lower by 7.1%

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