Rubber jumps from a one-week low

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Source: Bloomberg
Rubber futures for July delivery were higher by 0.4% to 331.6 Yen per kilogram or $3,525 per metric ton on the Asian trading session on Tuesday. Rubber increases from one week low as the Japanese Yen was trading at the weakest level in last three years, boosting demand for yen-denoted contracts. The weaker Yen helps Japanese exporters, especially auto industry, to boost sales on overseas markets.
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Tue, 12 Feb 2013 09:39:03 GMT

Pound appreciates versus Euro ahead consumer price data

The British Pound was 0.2% higher to 85.45 pence per Euro in early London trading session on Tuesday. Market gained ahead a report on the U.K. prices. According to economists, the inflation level in January should stay in the highest level since May, 2012. The Office for National Statistics will announce actual data at 9.30 am London time. Also, will

Tue, 12 Feb 2013 09:12:04 GMT

European equity consolidates after yesterday's slide

The Stoxx 600 Index was lower by 0.1% to 285.46 points in early London trading session on Tuesday. Today, European equity was little changed, as the index slipped by 0.6% yesterday. Investors preferred to fix a profit, as currently market lacks positive signals and news, which could inflate a new rally. Today, Michelin and Hermes International announced earnings.

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