WTI rises before economic data today

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Source: Bloomberg
West Texas Intermediate oil advanced on Friday heading for its first weekly increase since December on speculation that incoming manufacturing and labour market data today may signal that the economy gained its momentum. WTI for delivery next month rose 31 cents to $94.27 per barrel on the NYMEX as of 3:45 p.m. Singapore time.

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Fri, 17 Jan 2014 09:38:02 GMT

European stocks advance before U.S. economic reports

The majority of European shares increased on Friday with the local benchmark index heading towards its second weekly gain before a reports from the U.S. showed that the world's largest economy is improving. The Stoxx Europe 600 Index gained 0.2% to 334.76 as of 8:11 a.m. London time with three stocks rising for every one falling.

Fri, 17 Jan 2014 09:25:05 GMT

Japan's consumer confidence drops in December

Consumer confidence in the Asia's second largest economy declined surprisingly in the month of December, a report published by the Cabinet Office showed on Friday. According to the report, the Japanese consumer confidence index decreased from November's level of 42.5 to 41.3 in the following month, while it was forecast to grow to 43.

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