Saturday, 25 August 2012
Brent crude futures fell $2 on Friday, pressured by a trade journal report that the International Energy Agency is likely to tap strategic oil reserves as soon as September, dropping its resistance to a U.S.-led plans.
Friday, 24 August 2012
Asian shares retreated from a two-week high on Friday on scaled back expectations of more stimulus from the U.S. Federal Reserve and growth concerns after manufacturing surveys from the euro zone and China depicted a bleak outlook.
U.S. government debt prices rose on Thursday as traders bet on more stimulus from the Federal Reserve, after minutes from its last policy meeting showed that action might be imminent in a bid to reduce unemployment.