Oil cuts a three-day drop in New York

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Source: Bloomberg
Oil trimmed a three-day fall in New York, while Brent futures fluctuated between gains and losses in London. On Tuesday, December-delivery crude added 17 cents to trade at $88.82 per barrel in New York, after surging 64 cents earlier today. Brent crude for the same month deteriorated 14 cents to $109.30 per barrel in London.
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Tue, 23 Oct 2012 09:28:39 GMT

French business confidence slides in October

French business confidence declined unexpectedly in October, Insee reported on Tuesday. Benchmark business sentiment index slipped to 85 in October, compared to 90 in the preceding month, which was unchanged from August. Economists expected the index to stay flat in October too. Retail sector sentiment rose modestly, while confidence among service providers fell in October.

Tue, 23 Oct 2012 07:57:40 GMT

Yen falls past 80 versus greenback on speculation BOJ will ease more

The Japanese Yen fell past 80 versus the U.S. Dollar for the first time in 3 months on speculation theta the Bank of Japan will add more stimulus. The Yen fetched 80.01 per greenback, the weakest level since July 6, before trading at 79.93 from 79.94 at yesterday's close. Japan's currency gained 0.1% to 104.35 per Euro.

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