Oil futures soared after U.S. economic data

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Source: Marketwatch

Oil futures edged higher after unemployment rate in the world's biggest economy fell by 0.2% and Eurozone's policy makers agreed on launching massive bond buying program. Light sweet crude futures for delivery in October traded at $96.16 per barrel, adding 0.67%.

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Fri, 07 Sep 2012 16:10:47 GMT

Bulding permits in Canada increased less than expected

On Friday, Statistics Canada reported that the amount of building permits in August grew to -2.3% on a seasonally adjusted basis from the figure of -2.5% in July. The growth is more modest than expected, since economists expected that the amount of building permits in Canada would increase to -2.0% last month.

Fri, 07 Sep 2012 17:05:35 GMT

U.S. stocks rocketed on data

U.S. stocks rocketed on Friday, as weaker-than-expected growth in American payrolls spurred bets the Fed will undertake more monetary stimulus. The Dow Jones Industrial Average added 0.3% to 13,312 points; the Standard & Poor 500 Index edged 0.25% higher, to 1,434.60, while Nasdaq 100 futures rose by 0.04%, to reach 2,826.75. 

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