The euro also slipped further after comments from a key member of the European Central Bank fanned expectations that it will unveil a vast bond-buying scheme at its policy meeting next week.
On oil markets US benchmark West Texas Intermediate for February fell 18 cents US$45.71 (S$61), a level not seen since March 2009, and Brent slipped 25 cents to US$46.34, its lowest since April 2009.
Both contracts were hammered Tuesday after two members of OPEC said the cartel could not prevent prices from plunging further, despite losing more than 50 per cent since June.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
0 comments:
Post a Comment