Oil Gains in New York

APVA News - Oil Gains in New York, Trims Weekly Decline Before U.S. Jobs Data ReleaseOil rose in New York, trimming the biggest weekly decline in more than a month, before a report that may show U.S. employment increased in January.

Most U.S. Stocks Advance Ahead of Jobs ReportU.S. stocks swung between gains and losses as Merck & Co. led drugmakers lower after sales trailed forecasts and investors awaited tomorrow’s employment report to gauge the outlook for the economy.

A report tomorrow may show that employment grew by 145,000 after rising by 200,000 in December, according to the median forecast of economists surveyed by Bloomberg News. The jobless rate may have held at an almost three-year low of 8.5 percent.

European Stocks Rise as U.S. Jobless Claims Fall; Xstrata Rallies on TalksEuropean (SXXP) stocks climbed for a third day as a report showed that U.S. jobless claims dropped more than economists had estimated and Glencore International Plc held talks to buy Xstrata Plc (XTA), boosting mining companies.

Indonesia Economy Growth Probably Exceeded 6%Indonesia’s growth probably exceeded 6 percent for a fifth quarter as domestic demand helped Southeast Asia’s largest economy withstand the European debt turmoil that has hurt exports across Asia.
Gross domestic product increased 6.45 percent in the fourth quarter from a year earlier, compared with a 6.5 percent pace in the previous three months.

Oil: 96.57
Gold: 1,760.4
AUD/USD: 1.0704
EUR/USD: 1.3134
GBP/USD: 1.5802
USD/IDR: 8955
USD/SGD: 1.2479