Swedish Krona Gains on Signs Growth Is Quickening, Interest Rate Outlook

(Bloomberg) -- Sweden's krona rose on expectations
faster economic growth and further interest-rate increases will
make the Nordic currency more attractive to investors.

The Stockholm-based Riksbank, Sweden's central bank, said in
June it will probably lift its benchmark rate twice more this
year bringing it to 4 percent. Gross domestic product growth
quickened to an annual 3.6 percent in the second quarter from 3
percent in the first, the statistics office said last week.


Read more at Bloomberg Currencies News

European Gasoil Gains on Crude-Oil Output Disruption in North Sea, Angola

(Bloomberg) -- European gasoil for delivery in
August rose as disruption to production in the North Sea and
offshore Angola cut supplies of easy-to-refine crude for
refineries in Europe and the U.S.

Refiners in Sweden and the Netherlands reduced operating
rates after refining margins for Brent crude fell to negative,
making processing of the most expensive benchmark grade
unprofitable. Producers in the North Sea cut output earlier this
month after an undersea natural-gas pipeline was shut for
maintenance.


Read more at Bloomberg Energy News