The Oil price increase over the past day, which probably will offer a weekly rise of raw material. Appreciation gave rise to speculation that demand for oil in China will increase along with the acceleration of economic growth. On the New York Stock Exchange yesterday, with oil delivery in April ended the session with a minimum increase of 2 cents to 82.11 dollars a barrel this morning quotes add another 0.1 percent to 82.20 dollars per barrel. The price of black gold is moving with an increase of 0,9 percent for the week after the previous increase was reported from 2,3 per cent. Yesterday the price of oil make change direction several times, which was caused by movements in foreign exchange markets. They even were influenced by a series of news about the trade deficit and initial unemployment in the United States. This morning the currency pair euro / dollar is quoted at 1.3694 EUR / USD, which represents a minimal increase for the euro.
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The U.S. shares were raised in today’s session after a rally in the last hour of trade. The leading index Dow Jones Industrial Average (DJIA) rose by 0.42% to 10 611.84 points. Broader index S & P 500 and Nasdaq technological grow at 0.4 percent, respectively, to 1 150.24 and 2 368.46 points. Investors today were disappointed by the latest data on the labor market, according to new applications for unemployment benefits in the U.S. fell last week to 6 thousand to 462 thousand to 460 thousand forecast of economists interviewed by Bloomberg. Concern were the figures for the increased inflation in China which could lead the country to limit the measures to stimulate the economy, which in turn would reduce demand for commodities. Banks to recover lost positions at the beginning of the session after the talks failed in the Senate bill on financial reforms. Shares of Citigroup rose 2% after the bank forecast a profit of $ 20 billion in the period to 2012. Insurance giant AIG climbed 4 percent, for the past five sessions has gained the position with a total of 50%.
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