Natural gas declines despite supply data

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Source: Forexpros

On Friday, futures for natural gas were traded lower, despite the report from the U.S. Energy Information Administration that showed that gas supplies increased less than expected. On the NYMEX, October delivery futures were traded at USD2.769 a MMBtu, which was a 0.91% decline for the U.S. afternoon trade.

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Fri, 07 Sep 2012 19:25:37 GMT

Treasuries climb on slowing job growth

On Friday, treasuries grew as the amount of jobs in the U.S. increased less than it was expected, which fueled bets that Fed will start another round of quantitative easing. The benchmark yield on 10-year bonds decreased by 6 basis points, and reached 1.62% at 8:51 in New York. It hit 1.75% earlier in the day, which was the highest since August 22.

Fri, 07 Sep 2012 17:37:35 GMT

U.K. Industrial output soared in July

British industrial output soared at its fastest pace for 25 years in July, official data showed on Friday. In a report, National Statistics said that industrial output rose by 2.9%, after dropping by 2.4% in the previous month. Moreover, manufacturing output rose by 3.2%, the fastest pace for 10 years, after falling by 2.9% in June. Despite strong rise in July, industrial output erased 0.8%

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