Oil prices fell on Friday after a report that the International Energy Agency is likely to tap strategic oil reserves as soon as September, dropping its resistance to a U.S.-led plan.
Gold prices ended flat on Friday as the market took a breather after surging to a four-month high on Thursday on fresh hopes for a new round of U.S. monetary stimulus.
Japan's Nikkei average shed 1.2 percent on Friday, retreating from Thursday's three-month closing high as investors locked in gains as expectations for quick stimulus measures from the U.S. Federal Reserve began to dim.
SOURCE: http://www.reuters.com/article/2012/08/24/us-markets-japan-stocks-idUSBRE87M16L20120824
FOR FREE TRIAL CALL US HERE 09200009266
Gold prices ended flat on Friday as the market took a breather after surging to a four-month high on Thursday on fresh hopes for a new round of U.S. monetary stimulus.
Japan's Nikkei average shed 1.2 percent on Friday, retreating from Thursday's three-month closing high as investors locked in gains as expectations for quick stimulus measures from the U.S. Federal Reserve began to dim.
SOURCE: http://www.reuters.com/article/2012/08/24/us-markets-japan-stocks-idUSBRE87M16L20120824
FOR FREE TRIAL CALL US HERE 09200009266
