Oil prices fall amid poor China GDP

Note: This section contains information in English only.
Source: Investing.com
On Tuesday prices for oil slumped due to China's GDP growing at the slowest rate in 24 years, along with concerns over weaker demand and supply glut. China, the world's second biggest economy, rose by 7.4% in 2014, slightly less than the expectation of 7.5%. Fourth quarter growth rate was at 7.3%, better than anticipated, but at its slowest in six years. Brent crude slid 13 cents and settled at $48.71 per barrel, whereas the US crude lost $1.32 and traded at $47.37 per barrel, while a struggle to seek out buyers for the oversupply of crude exists.
Back to articles

Actual Topics

Tue, 20 Jan 2015 11:38:05 GMT

Gold gains due to increased demand and despite China's data

In Asia prices for gold slightly gained on Tuesday amid higher demand and ignoring China's data released. China's data beat all expectations, with GDP for the fourth quarter rising 7.3%, last month's industrial production adding 7.9% and retail sales edging up 11.9%. Futures for February gained 0.09% to $1,278.10 per troy ounce, after a slight decline on Monday, but with

Mon, 19 Jan 2015 20:31:05 GMT

Cameron promises highest employment in G-7 on election loom

David Cameron, UK Prime Minister, promised to deliver the strongest employment rate in the G-7. He believes his Conservative Party has the best chance of rebuilding the economy following the May's general elections. Cameron promised to battle bureaucracy and to invest in infrastructure in order to support small businesses.

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.