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Wysłany: Sob 23:26, 01 Sty 2011 Temat postu: Oil falls on Chinas tightening asics running shoe |
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Crude prices Friday broke below 88 U.S. dollars a barrel as China raised bank reserve requirement and positive economic data lifted dollar.China's central bank on Friday raised bank reserve requirement by 50 basis points for the third time in a month to counter inflation.
Investors are afraid that China is expecting a slower economic growth,cheap asics running shoes, and crude oil demand would drop down.On Friday,asics tiger mexico 66, the dollar got a lift as the preliminary December reading of consumer sentiment rose to its six-month high of 74.2 and U.S. trade deficit for October narrowed to its lowest level in nine months of 38.7 billion dollars. Stronger dollar also pressured oil price.
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