WTI shifting with US stockpile data almost due

Note: This section contains information in English only.
Source: Bloomberg

The Texas light sweet was volatile as it gained and lost during the day due to forecast of falling fuel inventories. The most active West Texas Intermediate contract for October lost 8 cents and was trading at $92.78 a barrel on the NYMEX. In contrast the today expiring September contract was up 96 cents at $95.44 a barrel. At the same time Brent was only slightly lower at $101.51.

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Thu, 21 Aug 2014 08:23:03 GMT

Aussie slips on cloudy outlook of Chinese growth

The Australian Dollar retreated against the Greenback, after HSBC reported Chinese manufacturing levels to hit a 3-month low. As China remains the biggest import market of Aussies goods, any potential shock can cloud the outlook for the Oz. Chinese Purchasing Manager's Index was reported to slide to 50.3 in August, from 51.7 in July, the 18-month peak. The pair contracted

Wed, 20 Aug 2014 09:16:06 GMT

Kiwi slides on negative numbers

The New Zealand Dollar continues to slip after the economy met its deadlock and is being held under pressure by positive growth numbers in the USA. The New Zealand economy is experiencing a period of stagnation, after the most recent data showed decline in commodity prices, revision of the official growth rate from 4% down to 3.8% and a contraction in

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