Chinese manufacturing returns to growth in June

Source: Bloomberg
Activity in the production sector of the world's second economy jumped to its highest level in seven months in June of the current year, raising confidence that China will avoid a decrease in growth in the nearest future. The benchmark PMI Index from the HSBC Bank increased to 50.8 points, up from 49.4 in May. Economists, in turn, waited for a slight rise to 49.7 points in June.
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Mon, 23 Jun 2014 09:37:08 GMT

Oil prices rise amid Iraq crisis

West Texas Intermediate oil prices advance on Monday for a third consecutive day, while Iraq militarists occupied more territory of the country. Moreover, U.S. President Barack Obama warned about negative consecuences of the crisis for other countries. Currently, WTI futures with August delivery add 0.6% to $107.45, while Brent prices climb 0.5% to $115.42 per barrel.

Mon, 23 Jun 2014 09:15:10 GMT

Gold declines amid decrease in demand

Gold prices on world markets decreased slightly on Monday, while investment and physical demand for the metal declined. It is worth pointing out that during last three weeks the bullion gained in price amid Fed's decision to keep interest rates low for a long period of time. Today, gold prices for immediate delivery reached $1,314.05 per ounce, slightly down from

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