Out of bounds
Oil falls amid concerns over
oil prices went down in trading futures, on Tuesday, with a warning analysts of theintense competition between Saudi Arabia and Iran to erase the raw gains made earlier thanks to the weak dollar and the flow of new liquidity on the market.
History Brent crude contracts for earliest 44.37 entitlement dollars a barrel by 0639 GMT ,down 11 cents from the last adjustment and the loss of US crude 12 cents to record US $ 42.52 a barrel.
Citigroup said in a note to clients , " the biggest downward risk at the moment is that Iran is speeding up the pace of increase in production and to provide Saudi Arabia to do it himself. " London European shares recover thanks to corporate results European shares rose, on Tuesday, after the encouraging results of some companies and the increase in oil prices, rising specialized in the paper industry and the oil industry giant BP shares Ao.ba.am after the publication of results that exceeded reports expectations. climbed Ao.ba.am company 10.6 percent , its biggest gain on the FTSEurofirst 300 index of top European shares after the company grew by 34 percent in the revised reading of the operating profit in the first quarter of this year. the FTSEurofirst 300 index of European shares 0.3 percent by 1015 GMT. The index lost 0.6 percent on Monday ,after recording the highest in three months last week. Geneva Gold falls Reserve Board meeting before thedecline in gold, on Tuesday, with the recovery of assets that are considered high risk , such as oil and stocks to lose the yellow metal part of its luster but prices remain moving in a narrow range before the policy Committee meeting of the Federal reserve ( the US central bank). It is expected to keep the Fed interest rates stable at its meeting , which began on Tuesday, but traders will monitor any changes in the assessment of the US economy may point to raise another interest rate at a time later in the year. Paris : official stumbled trade agreement across the Atlantic stressed the French Minister of State for Foreign trade, Matthias Vicl, Tuesday, declining chances of reaching a consensus on the "Atlantic partnership for trade and investment agreement." He added Vicl which represents France in the negotiations on the free trade agreement between the United States and the European Union, he did not see the possibility to conclude an agreement, the end of the year, pointing out that each party the risks and opportunities evaluate. France seeks to make progress on arbitration and transparency in the mechanisms of the Convention, as well as the environment, but there isno haste French and European, according to AFP quoted Vicl. seeks trade agreement being negotiated since 2013, to remove tariff and regulatory barriers between the United States and the European Union.