European stocks finished mostly higher on IMF loan approval

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Source: Marketwatch
European shares traded mostly higher on Thursday after IMF approved the EUR 28 billion loan to Greece. Stoxx Europe 600 added 0.3%, German DAX index climbed 0.9% and French CAC 40 index surged 0.4%. Athens General index appreciated 0.8% on the news. In contrast FTSE 100 index closed 0.1% lower, pushed down by oil stocks.
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Fri, 16 Mar 2012 07:50:19 GMT

Crude oil advances in Asian trade

Crude oil futures posted gains during the Asian session on Friday amid weaker US Dollar. The US Dollar index that measures its performance against set of six main currencies declined by 0.05%. Light, sweet crude oil futures for delivery in April traded at 105.59 US Dollars per barrel on the New York Mercantile Exchange, gaining 0.46%.

Fri, 16 Mar 2012 08:39:28 GMT

Yen experienced weekly loss against most of its peers

Japanese Yen moved towards a weekly decline versus most of its counterparts as positive economic signals from US and hopes for further monetary stimulus by BoJ lifted demand for riskier securities. Japanese currency traded at JPY 83.58. On weekly basis Yen has dropped 1.3% against greenback. Currently USD/JPY is trading at JPY 83.49.

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