Oil falls on Isaac, G-7 statement

Note: This section contains information in English only.
Source: Bloomberg
Oil dropped from a one-week high and gasoline continued yesterday's fall as Hurricane Isaac struck a coast of Louisiana and the G-7 announced prices are likely to pressure the global economic recovery. Oil futures slid 0.9% and gasoline declined 1.3%. October-delivery crude slipped to $95.44 per barrel and traded at $95.62. October-settlement Brent oil fell 0.9% to $111.85 per barrel.
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Wed, 29 Aug 2012 15:45:10 GMT

Europe stocks gain on U.S. GDP

European stocks advanced after U.S. economy expanded more than estimated in Q2. U.S. GDP increased 1.7% on quarter, exceeding earlier estimates and matching economists' forecasts. The Stoxx Europe 600 Index added 0.21% to 267.54. The DAX 30 Index gained 0.1% to 7,010.1. The CAC 40 Index slid 0.1% to 3,425.08 and the FTSE 100 Index dropped 0.2% to 5,765.61.

Wed, 29 Aug 2012 15:23:11 GMT

French business confidence holds near a 2-year low

French industrial confidence stayed near its two-year low in August, increasing weight on President Francois Hollande's government to rebound economic growth. Business sentiment index increased to 90, compared to downwardly revised reading of 89 in July, Insee reported on Wednesday. The reading matched economists' forecast.

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