Situation in the US labor market gets better

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
US Labor Department today reported a decrease in jobless claims by 5,000 to 388,000 in the last week being seven-month low.  Retail sales in US increased more than expected thus stimulating output. More output creates more demand for new employees. Decrease in layoffs might be a sign of US labor market recovery after severe downturn, said Omair Sharif, an economist at RBS Securities Inc.
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Fri, 18 Nov 2011 09:14:02 GMT

US oil prices increased again

Oil prices are again above USD 100 per barrel. Higher oil prices will lead to more expensive refined products - gasoline and heating oil. Prices for West Texas Intermediate crude oil were more than USD 102 barrel as traders were inspired by the news about new pipeline that will ease oil delivery.

Thu, 17 Nov 2011 14:24:37 GMT

Gold rush is likely to continue

Morgan Stanley reported today that gold futures are likely to be top gainer among all the commodities. As European turmoil continues investors tend to buy more yellow metal in order to save their wealth. There is a chance the gold price will set a historically high level in next years, said Peter Richardson, chief metals economist at Morgan Stanley Australia Ltd. Gold may achieve USD

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