WTI crude falls

Note: This section contains information in English only.
Source: Bloomberg
WTI fell for the fourth consecutive time during the last five days from speculation that U.S. economic data may show weakened growth. WTI slid 1% during the previous week after the release of data showing increased gasoline stockpiles. September futures went down 59 cents to $101.50 per barell, while the trading volume was 16% under the 100-day average.
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Mon, 28 Jul 2014 09:27:10 GMT

Germany to renounce EU-Canada trade deal

Germany is to turn down a multi-billion free trade contract between the EU and Canada, which is to the great extent seen as the basis for the bigger agreement with the U.S. The German diplomats believe the government could not negotiate the agreement with Canada on current terms. The deal with Canada could raise the bilateral trade by a fifth to 26 billion Euros a year.

Mon, 28 Jul 2014 09:05:08 GMT

Chinese industrial profits boost Asian shares

Asian stocks were around three-year highs as China's industrial firms showed a substantial increase in profits. Year-on-year the profits earned were up 17.9% in June in stark contrast to the 8.9% in May. This has given further confirmation that the growth supporting stimulus measures have given the Chinese economy a much needed push.

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