Oil prices to increase

Note: This section contains information in English only.
Source: Commodityonline
© Scanpix/AFP

WTI Crude Oil prices are likely to approach $112.5/bbl in 2012 and $126/bbl in 2013 while Brent crude oil my swing around $130/bbl in 2013, reported Goldman Sachs. Taking the rising capacity of Seaway pipeline, the Brent-WTI spread is expected to narrow, the company added. Oil outlook is turning to bullish on the growing tensions between Middle-East and Western economies.

Back to articles

Actual Topics

Thu, 08 Dec 2011 15:20:47 GMT

Canada: housing starts fall more than expected

Canadian housing starts decreased more than expected in November, according to official data. The housing starts in the country decreased to 181,000 units last month, compared to expected drop to 200,000 units, reported the Canada Mortgage and Housing Corporation.  After data release, the Canadian dollar rose against the USD by 0.18%. The pair USD/CAD is currently trading at 1.0079.

Thu, 08 Dec 2011 16:36:59 GMT

Hang Seng Index ends lower as Europe outlook worsens

On Thursday Hong Kong's Hang Seng Index lost 0.7% or 132.77 points and closed at 19,107.81, as investors were concerned about the outcome of upcoming summit, ECB decisions on interest rate as well as German government's refusal to operate two bailouts simultaneously. Shares of companies that are highly exposed to Chinese markets provided most negative contribution. Tsingtao Brewery Co. fell 3.2%, Gome Electrical Appliances Holding Ltd. declined

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.