Gold advances on Japan Stimulus speculation

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
On Monday, gold was traded higher, following the release of the data that showed that Japanese retail sales added less than expected, which boosted speculation about another monetary stimulus. Spot prices for gold grew by 0.3% to trade at $1,716.05 per ounce, and later consolidated at $1,715.26 by 1:54 p.m. Singapore time.
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Mon, 29 Oct 2012 12:01:59 GMT

Germany's 10-year bunds gain before inflation data

On Monday, German 10-year bunds were traded higher for the second day, as trader sentiment was determined by an upcoming report on German inflation, which is widely expected to show a decrease in it. The yield on 10-year bunds lost 3 basis points to 1.50% by 7:13 a.m. in London, which was the lowest since October 16.

Mon, 29 Oct 2012 10:52:55 GMT

Oil falls while gasoline advances

On Monday, prices for oil were falling, ending a 2-day streak of gains, while gasoline prices were advancing, since refineries stopped their operations before Hurricane Sandy. On the NYMEX, December delivery futures fell by $0.50, hitting a session low of $85.78 per barrel, and subsequently consolidated at $85.95 by 2:47 p.m. in Singapore.

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