US Consumer prices surged less than expected in January

Note: This section contains information in English only.
Source: Bloomberg
The consumer-price index (CPI) climbed 0.2% in January slightly below analyst median forecasts of a 0.3% advance, said the Department of Labor on Friday. On yearly basis CPI added 2.9%. Core consumer-price index which excludes volatile energy and food costs also ascended 0.2% matching earlier expectations. Analysts at Goldman Sachs are predicting a notable decline in CPI over the coming year.
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Mon, 20 Feb 2012 10:06:38 GMT

Asian shares follow upward trend on Monday

Asian stock markets mostly closed with gains on Monday on China's announcement it has lowered the reserve requirement ratio to 20.5% for large lenders. Japan's Nikkei Stock Average added 1.08%, South Korea's Kospi traded close to flat or 0.07% higher whereas Australia's S&P/ASX 200 index rallied 1.44%. Meanwhile Shanghai Composite Index gained 0.27% while Hong Kong's Hang Seng Index was the

Mon, 20 Feb 2012 10:06:22 GMT

Crude oil soared above 105 US Dollars per barrel

Crude oil futures surged during the electronic session on Monday, being backed up by the China's announcement on RRR cut and geopolitical tensions over Iranian nuclear program. Crude oil futures for delivery in March traded at 105.03 US Dollars per barrel at the Asian session, on the New York Mercantile Exchange, adding 1.7%.

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