NYME natural gas dropped more than 2%

Last Updated on Wednesday, 20 April 2011 01:54 Written by MegatraderFX Thursday, 7 April 2011 09:03

NYME natural gas dropped more than 2% Thursday after the government released reports indicating that U.S. supplies dropped less than initially expected.

Another quake in Japan Thursday evening

Last Updated on Wednesday, 20 April 2011 01:54 Written by MegatraderFX Thursday, 7 April 2011 08:54

Another quake in Japan Thursday evening triggered another tsunami warning along Japan’s northern coast and follows the devastating March 11 quake, which triggered a destructive tsunami and major nuclear crisis that is still ongoing.

China Increases Domestic Fuel prices

Last Updated on Wednesday, 20 April 2011 01:54 Written by MegatraderFX Thursday, 7 April 2011 08:04

China has raised retail fuel prices for the second time this year after oil’s advance to a 30-month high undermined the government’s efforts to cap costs.

ECB increases rates by 25bps

Last Updated on Wednesday, 20 April 2011 01:54 Written by MegatraderFX Thursday, 7 April 2011 08:02

ECB rates the benchmark rate by 25 bps points. This means the Main refinancing operations (fixed rate) is now 1.25%, Marginal lending facility is now 2.00% and the Deposit facility is now 0.50%

Spanish government sells three year bonds

Last Updated on Wednesday, 20 April 2011 01:54 Written by MegatraderFX Thursday, 7 April 2011 04:55

The Spanish goverenment sold three-year bonds this morning at an average yield of 3.568pc, just below an average yield of 3.592pc

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