Wall Street slumped on Draghi's comments

Note: This section contains information in English only.
Source: Marketwatch
Wall Street fell on Thursday as the ECB announced no plan of action to address Eurozone's debt crisis. The Dow Jones Industrial Index dropped 0.7 per cent, to 12,886.52; the S&P 500 Index tumbled 0.7%, to 1,366.50, and the Nasdaq Composite declined by 0.1 per cent, to 2,917.17. Meanwhile, the ECB is planning to cooperate with governments in bond-purchasing program in order to stimulate Eurozone's economy, but Germany's Bundesbank did not support the idea.
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Fri, 03 Aug 2012 07:19:00 GMT

Oil recovers before the U.S. jobs report

Oil recovered from the lowest level in almost 3 weeks before job creation report, which might show increased hiring in the US. Analysts expect employers to add 100 000 work places in July. Oil futures gained as much as 0.5%, with Brent crude for September delivery rising 0.3% or 28 cents to $106.18 per barrel. 

Fri, 03 Aug 2012 15:54:19 GMT

Oil tumbles as Draghi offers no plan

Mario Draghi disappointed markets by providing no action plan to save the Euro, what caused the depreciation of oil on Thursday. Crude oil with September contract fell by 2 per cent, to $87.12 per barrel, before it was stuck for movement in anticipation of ECB's meeting.  European leaders failed to meet expectations of markets, after pledging their commitment to protect the Eurozone.

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