WTI falls before stockpile data

Note: This section contains information in English only.
Source: Bloomberg Businessweek
The Texas light sweet declined for the second day in a row as supply data looms near. With the data possibly signalling changes in the US fuel demand the September WTI futures fell 36 cents and were trading at $101.31 a barrel on the NYMEX. Meanwhile, the Brent for the same month delivery only lost one cent and was at $107.56 a barrel.
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Tue, 29 Jul 2014 10:03:08 GMT

Japan's retail sales down

Retail sales in Japan fell more than expected in June, pressuring Shinzo Abe to create a heavier taxation on consumers in order to reflate the economy. Sales declined 0.6% from the previous year, opposed to the forecast of 0.5%. In the second quarter, sales went down 7% from the last three months.

Tue, 29 Jul 2014 09:41:14 GMT

Japan labour demand increases, good sign for economic upturn

The job availability in Japan reached its peak in 22 years last month following the growth in companies' confidence about hiring. The job-to-applicants ratio jumped to 1.10 in June from 1.09 in May. The unemployment rate unexpectedly grew to 3.7% in June from 3.5% in the previous month. The officials expect the economic recovery to continue in the third quarter without additional measures from the BoJ.

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