Natural gas approaches 27-month low

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Source: Forexpros

Natural gas decreased to the 27-month low amid mild weather forecasts and concerns over high natural gas inventory level in the US. Temperatures for the period from December 14 to December 23 will be at about five degrees above the average level, reported the Commodity Weather Group. On the New York Mercantile Exchange, natural gas futures for delivery in January traded at USD3.193 per million British thermal units at the early U.S. morning trade, losing 2.6% since opening.

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Wed, 14 Dec 2011 16:48:02 GMT

Import prices in the US increased less than expected

Prices for import in the US increased unexpectedly last month, according to the official data. Import prices increased by 0.7% on a seasonally adjusted basis in November as compared to 1.1% increase expected by analysts. On a yearly basis, the import prices increased 9.9% in November, falling below the forecast of 10.1% rise.

Wed, 14 Dec 2011 16:46:32 GMT

Manufacturing sales in Canada decline more than expected

Canada's manufacturing sales decreased more than previously projected after increasing for three consecutive months, according to the official data. The indicator declined by 0.8% in October on a seasonally adjusted basis as compared to 2.6% gain in September. However, manufacturing sales in October achieved CAD48.7 billion being the second highest after September.

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