WTI gains for second straight day on Friday

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Source: Bloomberg
West Texas Intermediate oil advanced for a second straight day on Friday heading for its second weekly gain, at the same time May Brent crude futures advanced 0.3%, but it has declined 1.4% this week and is poised to its weakest weekly performance in eleven months. April West Texas oil futures advanced 34 cents to $93.37 a barrel on NYMEX and were $93.25 at 3.17 p.m. Singapore time.

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Fri, 15 Mar 2013 11:06:09 GMT

Swiss producer and import prices grow less than forecast in February

Producer and import prices in Switzerland increased by less than preliminary estimated in February, when they moved up by 0.1% on an annual basis on the month, however, economists' expected a 0.3% growth, the Federal Statistics Office reported on Friday. Year-on year, the producer price index grew 0.4% and the import price index drop 0.7% in February.

Fri, 15 Mar 2013 10:44:09 GMT

Dow Jones extends its gains on positive jobless data

Most U.S. blue chips rallied, as a report showed the number of jobless claims fell more-than-expected, bolstering optimism over the world's largest economy. First-time unemployment benefit claims slid to 332,000, down 10,000, in the week ended March 9. The Dow Jones Index rallied 0.6% to close at 14,539.14. The benchmark index is currently trading at its highest price-to-earnings ration in

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