Crude oil inched down after US labour data

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Source: Forexpros
Crude oil futures eased down during the Asian session on Monday as traders started to cash out from the market after crude oil moved higher on the positive US labour data. Light, sweet crude oil futures for April delivery traded at 106.92 US Dollars per barrel on the New York Mercantile Exchange, tumbling by 0.44%.




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Mon, 12 Mar 2012 10:58:02 GMT

Japanese consumer confidence deteriorated in February

Japan's consumer sentiment deteriorated slightly last month as compared to January, according to a survey conducted by Cabinet Office. The sentiment index for households fell to 39.5 on February as compared to 40.0 in the preceding month. People were uncertain over whether country's labour market will manage to improve after earthquake last year.

Mon, 12 Mar 2012 11:20:41 GMT

Aussie and Kiwi drop before US retail data and Fed meeting

New Zealand and Australian Dollars declined before US retail statistics due tomorrow which are expected to show sales advanced and reduced scope for further monetary easing. Federal Reserve is holding a meeting on Tuesday to decide upon necessary measures. Aussie and Kiwi each dropped 0.4% versus greenback to USD 1.0532 and USD 0.8182 respectively. Currently AUD/USD is trading at USD 1.0542 while

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