2013年10月10日星期四

Crude oil futures prices

U.S. Treasury secretary jack Lew (JackLew) on Thursday, the debt ceiling delivered testimony to the senate banking committee,Hot Expanded welded spiral steel tube he warned lawmakers said, if you can't raise the debt ceiling before October 17, social insurance and medical insurance bills of payment will be threatened.In addition, the labor department announced that in a week as of October 5, initial claims for jobless benefits for 374000. Economists are expected to an average of 310000. After investigation for MW analysts on average expected the number will rise to 312000.Data for the first time to apply for unemployment benefits last week, the main reason is that computer malfunctions in California.

MillerTabak,Carbon Steel Slip On Raised Face Flange chief economic strategist Andrew Wilkinson (AndrewWilkinson) said: "given the last with the reported data of confusion, we took it with a grain of salt. Jobless claims last week, reached the highest in sandy hurricane attacks last year, and the total number of claims for unemployment benefits was also climbed to a record high since march. Now we also need a few weeks time to digest the influence of a government shutdown, this prompted investors speculated that it will affect on the level of private employment."

Other markets, the New York mercantile exchange for delivery in December gold futures prices fell $10.30, closed at $1296.90 an ounce. November delivery of crude oil futures prices rose $1.40,Industry Standard Welding Neck Flange to settle at $103.01 a barrel.The republicans will propose raising the debt ceiling temporarily.According to the Wall Street journal, it was reported that the house republican leader will propose raising the debt ceiling temporarily, it can give both parties an additional six weeks further negotiations, to achieve a wider range of budget agreement.

Major breakthroughs were made in the bill means that both parties the budget impasse, budget impasse in the United States part of the federal government shut down, and threaten America's ability to borrow.According to people familiar with the republican leader, is expected on Thursday morning communicate the plan to the party of high-level closed-door meeting. House republicans after the number of hours will go to the White House with Mr Obama held a meeting,schedule 40 hot dipped galvanized steel pipe this will be the first time since a government shutdown last week.

Finance minister in the United States: don't raise debt limit financial markets will have been severely damaged.
Jack Lew, us Treasury secretary on Thursday in the senate finance committee, said if congress does not raise the government debt limit in time, the government will default, financial markets will suffer serious damage.Jack Lew reiterated that on October 17, is to increase the debt ceiling deadline, now the so-called "extreme measures" can't stand to October 17, when borrowing authority granted to the federal government will run out of congress.Jack Lew urged congress can not only improve the government's debt ceiling, and allow the government to open the door at the same time. Because both parties cannot agree on the new government's budget for the fiscal year, part of the American government shut down has entered the first ten days.

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