Oil little change on Spain, U.S. manufacturing activity

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Source: Forexpros

On Tuesday, futures for crude oil were little changed in the European morning trading hours, as market sentiment was driven by developments in Spain and strong data of the U.S. manufacturing activity. On the NYMEX, November delivery futures for light sweet crude were traded at $92.61 per barrel, which was a 0.15% gain for that session.

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Tue, 02 Oct 2012 09:45:27 GMT

Construction PMI in the U.K. improves to 49.5

Markit, a market research group, reported on Tuesday that activity in the British construction sector improved slightly in the past month, but still remained lower than 50, showing the industry contraction for the second month in a row. The industry managers survey showed that the Markit/CIPS construction PMI increased to 49.5 from a previous month reading of 49.0. Analysts, however, expected a stronger improvement in the sector,

Tue, 02 Oct 2012 08:21:45 GMT

China's inflation probably fell in September

China's inflation probably fell below 2% in September amid easing vegetable prices, according to analysts' estimation. The CPI data will be released on October 9. According to the Ministry of Agriculture, the wholesale price index of agricultural produce fell to 191.44 points in September, down 11.89% from August. 

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