July 2, 2009
by
Elaine Frei
European equities markets were lower Thursday after new data from the United States Labor Department revealed that unemployment was up again there in June and on a separate report that said Eurozone unemployment rose to 9.5 percent, the highest level in a decade.
In London, the FTSE 100 was 2.45 percent lower to 4,234.27 while the FTSE 250 dropped 1.77 percent ...
July 1, 2009
by
Elaine Frei
Crude oil prices fell in afternoon trade Wednesday despite a report from the US Energy Information Administration that said crude oil stockpiles in the US dropped by nearly 4 million barrels last week.
At an hour before the close of floor trade on the New York Mercantile Exchange, August contracts for West Texas Intermediate crude had dropped $1.06 to $68.83 per barrel.
The ...
by
Elaine Frei
European equities markets were higher Wednesday as miners and most banks saw advances.
In London, the FTSE 100 was 2.15 percent higher to 4,340.71 and the FTSE 250 added 1.24 percent to 7,506.71.
Miners led gainers on both the 100 and the 250 after copper, aluminium and nickel prices all jumped significantly.
Vedanta Resources (LSE: VED) was 9.86 percent higher to lead the 100 ...
