Oil goes down on new data announcements on Thursday

Note: This section contains information in English only.
Source: WBP Online
Crude oil futures continued losses on Thursday, as rising US inventories, expectations of Iranian output increase and the Federal Reserve meeting minutes weighed upon the price. WTI futures fell 1.2% to $47.63 per barrel and Brent futures dropped 1.4% to $48.23 per barrel. Both had hit 2016 highs before after announcements of prospective shortages in Canada, Nigeria and Venezuela.
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Thu, 19 May 2016 08:51:15 GMT

Gold prices fall as US Dollar gains strength on Wednesday

Bullion broke support at $1,256, as it is its moving average of 200-days in a four hour frame, and might move lower than $1,230. Gold decreased 1.5% on Wednesday, as the Greenback gained strength after the Fed committee's minutes gave a big boost for the Buck. The Federal Reserve returned to hawkish rhetoric, which increased rate hike possibility in June.

Thu, 19 May 2016 08:16:05 GMT

Unemployment rate remains steady in France in Q1 2016

Monthly unemployment rate published on Thursday decreased to 9.9% from 10% in mainland France. However, the average metropolitan French and overseas unemployment rate remained unchanged at 10.2%. Analysts predicted such figures and they came in as no surprise. In the meantime, youth unemployment increased to 24.2% in Q1 of 2016.

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