Crude oil retreated in Asian session

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Source: Forexpros
Crude oil futures retreated during the Asian trade on Friday amid firmer US Dollar and growing crude oil stockpiles in the US. Light, sweet crude oil futures for delivery in May traded at 103.31 US Dollars per barrel on the New York Mercantile Exchange, decreasing by 0.31%.
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Fri, 13 Apr 2012 06:37:45 GMT

Canada's trade surplus increased less than projected

Canadian trade balance advanced less than initial forecast in February, according to Statistics Canada. The country's trade surplus expanded by 0.3 billion Canadian Dollars on a seasonally adjusted basis in February as compared to 2 billion Canadian Dollars in January. Experts predicted Canada's trade balance to soar by 2.0 billion Canadian Dollars. Major contributors to the fall in trade surplus

Fri, 13 Apr 2012 11:15:29 GMT

US shares rally on projections for additional easing

US share markets advanced on Thursday fuelled by investor hopes central banks will provide additional monetary stimulus amid hopes China will face a soft landing. S&P 500 index jumped 1.38% or 18.86 points to 1,387.57 while Dow Jones Industrial Average gained 1.41% or 181.19 points and closed at 12,986.58. Nasdaq Composite index added 1.30% or 39.09 points and finished at

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