Oil jumps for fifth day amid Middle East concerns, decline in U.S. inventories

Note: This section contains information in English only.
Source: WBPonline
© Scanpix\Reuters
Oil prices prolonged their five-day jump, continuing their previous climbs and aiming even higher amid escalated concerns in the Middle East countries and a sharp fall in U.S. oil supplies. WTI futures advanced 0.24% to $107.11 per barrel and the European benchmark Brent increased 0.57% to $110.83. U.S. crude inventories dropped by 2.8 million barrels to 360.5 million barrels.
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Thu, 15 Aug 2013 09:26:06 GMT

Pound appreciates to 8-week high following optimistic retail sales data

The Sterling was sent higher versus the U.S. Dollar, as U.K. July's retail sales data came in positive. The Sterling strengthened 0.53% to $1.5581 against the greenback, as retail sales advanced 1.1%, following a 0.2% jump in June. The Britain's currency rose 0.21% to £0.8531 against the Euro and gained 0.29% to 152.52 versus the Japanese Yen.

Thu, 15 Aug 2013 08:52:06 GMT

New Zealand Dollar stays higher against Australian peer

The Kiwi stayed higher versus the Aussie as New Zealand's manufacturing data rose to the highest level in nine years and job advertisements grew. New Zealand's currency traded at NZ$1.1360 per Australian Dollar at 10:13 a.m. Sydney time after appreciating 0.7% on Wednesday. The Kiwi gained 0.3% to 80.55 U.S. cents, while the Australian counterpart strengthened 0.3% to 91.52. 

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