Deutsche Bank unexpectedly posts losses for Q4

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Source: Bloomberg
Deutsche Bank AG, the largest investment bank in Germany, reported an unexpected loss for the last quarter of the previous year, as accounting charges and legal costs exceeded estimates. The pretax loss stood at 1.15 billion euro, while the average prediction of economists was a 628.5 billion euro profit. Today, Deutsche Bank AG shares are losing 1.76% to 37.74 euro by 9:20 GMT in Frankfurt.
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Mon, 20 Jan 2014 11:32:06 GMT

Natural gas drops on mild weather in U.S.

Natural gas futures trade in New York declined of the second straight day on Monday amid speculation that mild weather in the U.S. may reduce demand for the commodity. Natural gas for settlement in February declined 2.8% to $4.203 a British thermal units on the NYMEX and was last seen at $4.270 as of 2:40 p.m. in Singapore.

Mon, 20 Jan 2014 11:11:07 GMT

Brent falls as China's GDP eases in Q4

The European benchmark Brent crude lost on Monday trading session increasing the WTI-Brent premium from $11.89 recorded on January 17 to $12.42 today after a report showed that the world's second largest oil consumer, China, recorded slower economic growth in the Q4. Brent for settlement in March slipped 26 cents ti $106.22 per barrel on the London's ICE exchange.

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