Oil futures slightly increase after yesterday's fall

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Source: Bloomberg
Oil futures for October settlement added 9 cents to $97.10 on the mid trading session in Singapore on Thursday. Oil price made slight correction after yesterday's fall, when the U.S. crude oil stockpile unexpectedly increased versus estimations of falling. Analysts say that currently oil price cannot go higher due to a stockpile data, but the FED meeting today will have an essential impact on reaching the oil price peak.


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Thu, 13 Sep 2012 08:30:50 GMT

Aussie near 3-week high before the Fed's policy decision

The Australian Dollar was 0.3% from a three-week high amid speculation the Federal Reserve will announce further stimulus, which traditionally debases the U.S. Dollar. Australia's and New Zealand's currencies maintained 2 days of advance after Germany's constitutional court cleared the way for ratification of the Eurozone's bailout fund. The Aussie traded at $1.0470, while the Kiwi Dollar was at 82.14

Thu, 13 Sep 2012 08:15:50 GMT

Gold is set for advance before Fed's policy decision

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