Natural gas dropped for a third day

Note: This section contains information in English only.
Source: Bloomberg
U.S. gas poised for the three-day drop amid speculation of decreased demand for heating fuel as U.S. weather is getting warmer. The March contract declined 5.2% reaching $4.832 per million Btu and was little changed at $4.907 as of 10:11 a.m. in London, while the contract for April delivery contracted 2% to $4.498. Natural gas dropped 6.4% yesterday to $5.096 per million British thermal units, the lowest price since Feb. 12.

 

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Wed, 26 Feb 2014 12:33:24 GMT

Yuan traded offshore snaps a slide of seven days

Offshore Yuan ended a slide in the last seven trading sessions as Chinese authorities stated that Yuan's drop is within the normal range. China's currency added 0.24%, the biggest advance since May 8, to 6.1118 per greenback at 4:47 p.m. in Hong Kong after it had lost 1.5% in the last seven days. In Shanghai Chinese Yuan gained 0.03% to 6.1248, picking up from the seven-month lowest level

Tue, 25 Feb 2014 12:24:15 GMT

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The 18-nation currency depreciated versus most of its 16 major counterparts amid speculation the ECB may increase monetary stimulus in the following week since the forecast for consumer prices has worsened. Eurozone's currency contracted 0.4% before it was little changed at 140.79 yen as of 5 p. m. New York time, after the advance to 141.27 recorded on Feb. 21, the highest since Jan. 24. 

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