The U.S. current-account deficit hit a three-year high

Note: This section contains information in English only.
Source: Bloomberg

The Commerce Department reported that the U.S. current-account gap increased unexpectedly during the first three months of the year, reaching USD137.3 billion. This is a 16% growth from a figure for the preceding quarter, which was revised down to the deficit of USD118.7 billion from USD124.1 billion. Analysts had predicted that the current-account deficit will be equal to USD131.9 billion.

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Thu, 14 Jun 2012 20:10:45 GMT

Futures for natural gas jumped 7% on supply data

The U.S. Energy Information Administration reported that the inventories of natural gas rose significantly less than expected. Following this data natural gas futures rallied sharply in the U.S. morning trading session. On the NYMEX, July delivery futures were traded at USD2.349 a MMBtu, which was a 7.5% growth for that session.

Thu, 14 Jun 2012 19:48:45 GMT

U.K. stocks edged lower on oil and miners

U.K markets slumped this Thursday on miners and oil producers. The FTSE 100 index dropped 0.7 per cent to 5,447.17, mostly driven by British Sky Broadcasting Group PLC 6.8 per cent decline. Fresnillo PLC and Xstrata PLC fell 2.2 per cent and 3.2 per cent respectively. Royal Dutch Shell PLC retreated 0.7 per cent and Tullow Oil PLC dropped 2.1 per

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