Oil lifits amid stimulus expectations

Note: This section contains information in English only.
Source: Bloomberg
Oil futures climbed to the week high in New York upon belief that U.S. and European authorities will boost economic growth and worries about Middle East unrest spreading and slowing down the supply. On Monday, September delivery oil rose 0.9% to $90.95 per barrel, overall advancing to the first monthly increase in three months.
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Mon, 30 Jul 2012 07:57:49 GMT

Won advances to the 12-week high

South Korea's currency increased 0.3% to 1,134.65 per dollar amid Angela Merkel's and Mario Monti's promise to do whatever needed to protect the Euro. On Monday, the Won reached 1,132.45, the strongest level since May 4. Three-year government bonds slipped to 105.83 and one-year interest rate swap rose to 2.91%.

Mon, 30 Jul 2012 09:36:35 GMT

U.K. might face a triple-dip recession

George Osborne, Chancellor of the Exchequer, was called for the U.K.'s austerity strategy reconsideration by businesses and political opponenents, as economists predict possible "triple-dip" recession, stating that deepening Euro bloc's debt crisis and probable Greek exit from Eurozone might push the U.K. into recession again next year. 

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