Oil prices jump on Saudi-Russia cooperation

Note: This section contains information in English only.
Source: CNBC
West Texas Intermediate futures traded 1.31% higher at $45.02 per barrel on Monday, whereas Brent futures advanced 0.94% to trade at $47.27 per barrel by 14:00 GMT on the London Stock Exchange after Russia and Saudi Arabia agreed to act together and try to stabilise oil prices. OPEC and non-OPEC countries are set discuss a oil production freeze at the end of September. 


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Tue, 06 Sep 2016 12:08:03 GMT

Euro zone GDP grows 0.3% in Q2

The Euro zone's economy expanded 0.3% on a seasonally adjusted basis in the Q2, down from last quarter's 0.6% hike, but in line with analysts' expectations. On an annual basis, the region's GDP grew 1.6%, meeting projections. After the release, the Euro was trading at 1.1163 against the US Dollar, 115.40 against the Japanese Yen and 0.8370 against the British

Mon, 05 Sep 2016 14:21:04 GMT

Euro zone business growth slows in August

Growth in the Euro zone's private sector remained relatively steady in August, according to Markit economics. The headline composite PMI came in at 52.9 in the reported month, following July's 53.2 points and falling behind the 53.3 market forecast. Meanwhile, the services PMI registered 52.8 in August, down from July's 52.9 and below the 53.1 market forecast. 

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