Natural gas shrinks despite supply drop

Source: Forexpros
Natural gas futures sank hitting 28-months low as fresh worries over the record level of US natural gas inventories persist even despite modest supply decrease over last week reported by EIA. Natural gas futures for February delivery declined to USD2.695 per million British thermal units during the US session, on the New York Mercantile Exchange, losing 2.87%.
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Thu, 12 Jan 2012 19:15:37 GMT

UK manufacturing activity contracts by 0.2% in November

UK's manufacturing activity declined in November reflecting fall for the second month in line. The UK Office for National Statistics reported the country's manufacturing production declined by 0.2% in November while investors expected 0.1% drop. On a yearly basis, factory production dropped by 0.6% as compared to 0.3% initially expected.

Thu, 12 Jan 2012 19:15:06 GMT

Italy's industrial production increases by 0.3% in November

Italian industrial production rebounded after declining for two months in line. Country' industrial output advanced by seasonally adjusted 0.3% in November while analysts expected 0.1% decrease, reported Istat. Considering yearly changes, industrial output fell by 4.1% in November confronting forecasts of 2.9% decline.

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