WTI rises on positive EU data, U.S. inventories seen shrinking

Note: This section contains information in English only.
Source: WBP Online
© Scanpix/FP
WTI crude advanced after several European reports showed positive economic figures, signaling the euro area economy's recovery. Analysts expect the U.S. oil and fuel stockpiles have shrunk this week. WTI futures added 0.48% to $107.07 per barrel, while the North European futures rose 0.25% to 108.98 U.S.Dollars in London. 
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Tue, 06 Aug 2013 13:48:05 GMT

Dollar flat following trade balance, ahead of Evans' speech

The greenback rose moderately versus the common currency as investors reacted to better-than-forecast trade balance data ahead of the Fed's Charles Evans speech on further insight into U.S. stimulus. The U.S. Dollar traded around $1.3280 versus the common currency and declined 0.41% to $1.5350 against the Sterling.

Tue, 06 Aug 2013 12:41:06 GMT

Euro appreciates against Dollar on Fed prospects

The 17-nation currency touched the strongest level in seven weeks versus the greenback as data indicated German factory orders recovered in June, overshooting economists expectations. The Euro added 0.1% to $1.3273 and remained steady at 130.28 versus the Yen. The U.S. Dollar dropped 0.2% to 98.15 versus the Yen.

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