Oil advances on U.S. supply data, ECB meeting

Note: This section contains information in English only.
Source: Bloomberg

On Thursday, futures for oil were rising for the second day in a row on weak U.S. supply data, which hit a five-month low, and optimism about today's ECB's policy meeting. On the NYMEX, October delivery futures for crude were traded at USD96.12 per barrel, which was a 0.8% increase during European morning trading hours.

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Thu, 06 Sep 2012 12:51:34 GMT

French unemployment rate rose to a 13-year high

French jobless rate rose to a thirteen-year high in the second quarter, as companies reduce staff in order to cope with nation's worsening fundamentals. The unemployment rate rose to 10.2 per cent in the second quarter, up from 10 per cent in the preceding quarter, as the Eurozone's second-largest economy has posted three consecutive quarters of zero growth.

Thu, 06 Sep 2012 11:43:32 GMT

Australian employment rises unexpectedly

Australian Bureau of Statistics reported on Thursday that the Australian unemployment rate in August decreased to 5.1% on a seasonally adjusted basis, compared to the July's figure of 5.2%. The data defied the expectations, since analysts expected that the unemployment rate in Australia would grow to 5.3% in August.

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