Oil futures depreciated on Monday

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Source: Marketwatch
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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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 13:57:25 GMT

India's trade balance tumbled more than expected

India's trade balance widened more than expected in July, according to official data. The Ministry of Statistics and Programme Implementation reported that nation's trade gap tumbled to -15.5B, down from -10.3B in the previous month. In the meanwhile, experts had predicted India's trade balance to decline -8.8B last month.

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