Gold rocketed to a five-month high after data

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Source: Marketwatch

Gold futures rocketed to a five-month high, as weak Chinese manufacturing data added to hopes that Chinese policymakers will soon introduce more stimulus measures. Gold for December settlement jumped 0.4 per cent, to $1,693.50 per ounce, adding gains to a 1.8 per cent rally on Friday.

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Mon, 03 Sep 2012 12:52:25 GMT

Europe stocks gain on China stimulus expectations

Resource firms supported advance of European stocks, with markets gaining on Asian stock exchanges after weak China's manufacturing data fueled speculation about additional monetary easing. On Monday, the Stoxx Europe 600 Index surged 0.5% to 267.68, after a 0.5% rise on Friday. The FTSE 100 Index gained 0.7% to 5,749.08. The Dax added 0.4% to 6,996.64.

Mon, 03 Sep 2012 14:08:24 GMT

Oil futures depreciated on Monday

Oil futures depreciated on Monday, as manufacturing activity in the world's second largest economy fell, and the U.S. Dollar edged higher. Oil futures with October contract erased 0.1 per cent, to $96.38 per barrel.  Other oil-related products were also lower on Monday, with gasoline, heating oil and natural gas for October delivery erasing 0.4%, 0.3% and 0.5%, respectively.

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