Crude falls on Venezuela elections

Note: This section contains information in English only.
Source: Forexpros
© Scanpix/Reuters

On Monday, oil prices declined in Asian trading hours, as investors eyed presidential elections in Venezuela. On the NYMEX, November delivery futures for light sweet crude were traded at $89.57 per barrel, which was a 0.34% fall for the session. Earlier, it hit $89.69, which was a session high, and a session low of $89.54 per barrel.

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Mon, 08 Oct 2012 11:34:59 GMT

German bonds higher on finance ministers meeting

On Monday, German 10-year bonds were traded higher, decreasing yields, as investors eyed an upcoming meeting of European finance ministers in Luxembourg. 10-year notes yield decreased by 4 basis points, reached 1.48% by 9:41 a.m. in London. Earlier on October 5, it hit 1.53%, which was the highest since September 28.

Mon, 08 Oct 2012 14:32:59 GMT

Japan's car makers cut their production in China

Japan's Honda Motor, Nissan Motor and Toyota Motor plan to cut their production in China by half, as territorial disputes between Asia's trading partners decrease sales of Japan's cars in the world's biggest car market. Toyota's China Sales declined 40% in September from the previous year to 50 000 cars.

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