Natural gas futures fell on mild weather

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Source: Forexpros

Natural gas futures saw losses on Friday's trade as investor's sentiment was impacted by mild weather forecasts and increasing inventory level. Natural gas futures for February delivery traded at USD2.966 per million British thermal units on Friday, on the New York Mercantile Exchange, losing 5.45% during the week.

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Mon, 02 Jan 2012 13:49:21 GMT

India may ease its monetary policy

India may ease the monetary policy on the worries about the global economic downturn, announced the RBI. The bank plans to concentrate on the measures aimed at boosting growth rather than on controlling inflation. The bank increased its interest rate 13 times during the last 10 months to combat exorbitant inflation but growing worries over the slower growth forced officials to start reviewing monetary policy.

Mon, 02 Jan 2012 14:44:46 GMT

German bonds decline on China and India PMI data

German sovereign bonds declined on the first trading day in 2012 as India and China reported an increase in Purchasing Manager's Index boosting optimism world economy may stabilize. The borrowing costs on German 10-year notes added 3 basis points or 0.03% reaching 1.86% on Tuesday morning. Yields for 2-year bonds gained three basis points attaining 0.18%.

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