Oil higher on Keystone pipeline

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AP

On Monday, oil was traded higher, retreating from a 2-week low, as TransCanada Corp. announced that it will start its pipeline after the second delay, amid speculation that losses during last week were excessive. On the NYMEX, November delivery futures added $0.65 to trade at $90.70 per barrel at 11:04 London time.

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Mon, 22 Oct 2012 13:46:36 GMT

Gold higher as stocks recover

On Monday, gold recovered after its fall on Friday, amid rising stocks and softening dollar, which is negatively correlated to gold. Spot prices for gold edged up 0.3% to trade at $1,724.45 per troy ounce by 10:45 a.m. in London. November delivery futures for the precious metal grew by $1.60, reaching the level of $1,725.60.

Mon, 22 Oct 2012 14:50:39 GMT

German shares steady after previous slump

German equities are trading little changed on Monday after a slump on Friday on lack of results from the EU summit and mounting uncertainty over Spain's bailout. Pushing German shares lower, US stocks tumbled on Friday after the largest companies reported dismal quarterly results. The DAX Index gained 0.02% and is currently trading at 7,382.16. Only three in nine sectors

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