Oil advances on Merkel talk

Note: This section contains information in English only.
Source: Bloomberg
Oil increased as German Chancellor Angela Merkel announced the country is ready to support Greece's government as it undertakes essential steps to deal with its economic woes, discouraging critics who claim Greece's exit from Eurozone. October-delivery crude surged 0.4% to $96.61 per barrel in New York. October-settlement Brent oil gained 4 cents to $115.05 per barrel in London.
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Fri, 24 Aug 2012 18:03:57 GMT

Belgium business sentiment falls less than expected in August

Belgium's business sentiment declined this month after a short-term rebound in July, the National Bank of Belgium reported on Friday. The index tumbled to -11.8 in August, compared to -11.3 in July. Analysts forecast a reading of -12. Except for production industry all other sectors posted fall in confidence. Sentiment deteriorated most in the trade sector.

Fri, 24 Aug 2012 17:41:56 GMT

Treasuries gain amid Fed speculation

U.S. Treasuries advanced for a sixth straight day amid belief the Fed will step up efforts to cut borrowing costs just as its meeting in September to boost the U.S. economy. The benchmark 10-year note rate slipped to 1.66%. The 1.625% note maturing in August 2022 increased 7/32 to 99 22/32.

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