Crude little changed on China, EU summit

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Source: Forexpros

On Thursday, futures for crude oil held still, as the world's second biggest economy witnessed the lowest level of GDP since 2009, while traders were awaiting an upcoming European leaders summit. On the NYMEX, December delivery futures for light sweet crude were traded at $92.59 per barrel, holding still for the European morning trade.

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Thu, 18 Oct 2012 12:48:47 GMT

US. jobless claims advance by 46,000

The Department of Labor reported on Thursday that the number of jobless claims last week was higher than expected on seasonal shift. Claims for jobless benefits added 46,000 and reached the level of 388,000 during the week ended October 13. The economist forecast, however, was that the reading would be equal to 365,000. The number of jobless claims for the preceding week was revised up to

Thu, 18 Oct 2012 13:21:30 GMT

Copper hits a 1-week high on China

On Thursday, copper was traded higher, reaching a 1-week high, as market sentiment was buoyed by Chinese data, which developed in line with expectations. On the NYMEX, December delivery futures were traded at $3.573 per pound, which was a 0.15% gain for the European morning trading hours. Earlier, it hit a session high of $3.764, which was the strongest since October 11.

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