Crude oil depreciated ahead of ECB meeting

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Source: Forexpros
Crude oil futures turned red on Wednesday, as investors worried about weak Eurozone's fundamentals and following the yesterday's U.S. manufacturing report. Crude oil for October settlement inched lower 0.75 per cent to $94.60 per barrel. In the meanwhile, Brent oil futures with October contract lost 0.8 per cent to trade at $113.28 per barrel.
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Wed, 05 Sep 2012 18:12:29 GMT

Gold futures inched lower on Wednesday

Gold futures inched lower on Wednesday, as traders are taking profit after bullion reached five-month high during previous sessions. Gold for delivery in December lost 0.1 per cent, to $1,694.10 per ounce. Other precious metals were mixed, with December silver and October platinum both erasing 0.2 per cent.  At the same time, December copper and palladium for the same month added 1.4 per cent and 0.34

Wed, 05 Sep 2012 18:45:31 GMT

German shares advance despite dismal services sector performance

German shares rallied on Wednesday despite weak Eurozone's data releases. German services PMI contracted at the fastest speed since August 2009 last month. Meanwhile, traders anticipate the ECB press conference due on Thursday. The German DAX Index soared 0.45% to trade at 6,959.25. Eight out of nine economic sectors included in the index jumped. The best-performers were health care and

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