Crude oil rose on positive US housing data

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Source: Forexpros
Crude oil prices increased in Asian session on Thursday as inspiring US property market data bolstered demand prospects for the commodity. Light, sweet crude oil futures for August delivery traded at 80.42 US Dollars per barrel on the New York Mercantile Exchange, rising by 0.27% from the previous session's low of 80.38 US Dollars per barrel.


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Thu, 28 Jun 2012 09:26:22 GMT

Japanese yearly retail sales climb more than forecast

Japan's annual retail sales expanded 3.6% in May compared to an expected gain of 3.0%, government report showed on Thursday. The advance was slower than a 5.7% improvement in April indicating that recovery of consumption from previous year's earthquake is slowing down. On monthly basis nation's retail sales soared 0.7% from a 0.4% drop in April. 

Thu, 28 Jun 2012 09:04:22 GMT

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