Oil futures jump on Dollar depreciation

Note: This section contains information in English only.
Source: Marketwatch
March crude oil futures rallied during Asian electronic trading session on Wednesday, lifted by weaker US Dollar and Chinese officials' announcement Europe is likely to contain its crisis. Crude to be delivered in March rallied 0.81% or USD 0.91 to USD 101.56 per barrel. Meanwhile March gasoline futures climbed 0.64% to USD 3.00 per gallon and same maturity natural gas futures added 0.7% to USD 2.55 per million British thermal units. 
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Wed, 15 Feb 2012 07:41:38 GMT

European shares close down on US retail statistics

European markets finished into negative territory on Wednesday as US government reported the nation's retail sales expanded less than predicted and Moody's cut credit ratings for six European countries including Spain and Italy. Stoxx Europe 600 index lost 0.2%, Athens General Index dropped 2.8% and CAC 40 index gave up 0.3%. German DAX 30 index slipped 0.2% and FTSE 100 index

Wed, 15 Feb 2012 09:15:25 GMT

Canadian Dollar climbs on crude

Canadian currency strengthened on Tuesday against all its main peers as US Dollar appreciated and oil surged to a three-week record high. Loonie traded flat against greenback at CAD 0.9991 but gained 1.3% versus Japanese Yen to JPY 78.60 and soared 0.5% against Australian Dollar. Currently USD/CAD is trading at CAD 0.9951 while CAD/JPY is trading at  JPY 78.82. 

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