Crude higher but gains capped

Note: This section contains information in English only.
Source: Forexpros
© Scanpix/AP
On Monday, crude oil was traded higher, but gains seemed to be capped by a streak of disappointing data from Eurozone. On the NYMEX, December delivery futures for light sweet crude were traded at $86.89 per barrel, which was a 0.25% decline for the European morning trade. Earlier, the commodity prices hit a session high of $87.47.
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Wed, 24 Oct 2012 15:36:44 GMT

Consumer prices in Australia grew more than expected

The Australian Bureau of Statistics reported on Wednesday that consumer price inflation increased more than expected in the quarter prior to October 2012. The cost of living in Australia added 1.4%, whereas preceding quarter's inflation was only 0.5%. Analysts, however, expected that the index would increase to 1.1%.

Wed, 24 Oct 2012 18:49:47 GMT

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