M3 growth in Eurozone increased last month

Note: This section contains information in English only.
Source: RTTNews
© Scanpix/AFP
The European Central Bank reported on Wednesday that the amount of broad money increased at a faster speed in October. Broad money M3 grew at a rate of 3.9%, while the figure for the preceding month was 2.6%. Analysts, however, expected that the October's figure will show a more moderate growth of 2.8%.
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Wed, 28 Nov 2012 13:10:16 GMT

Gold lower as Dollar grows

On Wednesday, futures for gold were traded lower, extending a three-day long streak of losses, on stronger U.S. Dollar, which is known to be negatively correlated with the commodity. On the Comex, February delivery futures for the precious metal were traded at $1,742.25 per troy ounce, which was a 0.15% daily fall.

Wed, 28 Nov 2012 10:57:15 GMT

Oil trades at one-week low as U.S. stockpiles increase

Oil traded close to a one-week low in New York as an industry-funded report indicated increasing stockpiles in the U.S., with inventories gaining 1.96 million barrels last week, according to the American Petroleum Institute. Crude for January settlement traded down 20 cents at $86.98 a barrel, while Brent January delivery slipped 9 cents to $109.78 a barrel. 

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