Asian stocks increase ahead of EU summit

Note: This section contains information in English only.
Source: Forexpros

Asian stocks have been rising for the second day as hopes for resolution of the EU debt crisis by the finance ministers during today's summit decreased investors' risk aversion. During Asian trade, Hong Kong's Hang Seng Index gained 1.3%, Australia's ASX/200 Index increased by 1.1%, while Japan's Nikkei 225 Index added 2.3%.

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Tue, 29 Nov 2011 10:33:02 GMT

Crude oil futures decrease

Crude oil futures decreased after a yesterday's rapid growth that pushed prices above USD100-a-barrel. On the New York Mercantile Exchange crude futures for January delivery cost USD97.74 a barrel at the early European trade, losing 0.48%. Analysts say the fall in oil demand was caused by high investors' attention to the today's summit of the EU finance ministers.

Tue, 29 Nov 2011 10:48:28 GMT

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