world of tanks power leveling on Friday to break the 25-dayAverages - DCJ

Huitong's network, March 7 – vertical and horizontal focus meeting the sea on March 7, 2012: March 7 (Wednesday) United States February ADP private jobs United States fourth quarter non-farm productivity per cent on an annualised basis to amend United States January consumer credit March 8 (Thursday) New Zealand, the United Kingdom, Europe, Canada's central bank interest rate resolution ChallengerUnited States Corporation in February plans to cut the number of United States one week early unemployment payments on March 9 (Friday) China February PPICPI United States February jobs data-United States international trade balance for January United States January wholesale wholesale inventory sale of important economic data released today: 13:00 Japan in January leading index value before 0.613:00 Japan in January at the same time before the index value 2.914:45 Switzerland in February without seasonal adjustment of the unemployment rate prediction 3.4% value before cent Switzerland February seasonally adjusted unemployment rate prediction 3.1% value before cent Germany industrial orders January months before predicting 0.5% 1.7!:15 United States before the February ADP private jobs forecast to increase 205,000 value increasePlus two 170,000 United States per cent annual rate revision of fourth quarter nonfarm productivity prediction 0.8% value before 0.7!:30 United States unit labour costs in the fourth quarter forecast value before 1.2% 1.2!:30 Canada-January building permits prediction 4% value before cent March 8 (Thursday) 04:00 United States January extinctionFee credit? forecast an increase of 10 billion? value increase of 19.31 billion New Zealand Central Bank interest rates before resolution 07:50 Japan in January before the unadjusted current account surplus forecast per annum-156.5% -74.7:50 Japan in January before the unadjusted current account surplus forecast-317.8 billion value 303.5 billion Japan IVQuarter of gross domestic product (GDP) rate forecasts for the quarter before-0.2% -0.6:50 Japan fourth quarter gross domestic product (GDP) per cent annual rate forecasts-0.7% value -2.3:30 increase in employment in February forecast in Australia before 5,000 people value increase of 46,300 people 08:30 before February before full-time employment in Australia08:30 increase of 12,300 persons in Australia in February employment participation rate prediction 65.3% value before cent forecast Australia's unemployment rate in February 5.2% Summary of 5.1% yesterday's market value before cent United States January factory orders fell by 1%, decline for October 2010 to the largest United States January durable goods orders amended, as decreased by 3.7% United States ISM2 monthly non-manufacturing index for 57.3 per cent for February 2011 to the highest February, JPMorgan Global PMI rose to 55.5 of all industries, services PMI rose to a one-year high of 56.56/3 Greece bailout fears prompted investor risk aversion United States Dow Jones industrial average fell more than 200 points, recorded in New York for almost three months to the worst day. EIA will thisToday year global oil demand growth estimate downward 260,000 barrels a day Hong Kong Gold interest rate: calm morning of trading day on the London gold price fixing price: 1685.5 afternoon of trading day on the London gold price fixing price: 1669 last trading day London silver plate price: 33.22 after 3rd gold in London after finishing, the price of gold on Tuesday and then will adjust to follow us stocks decline, slipping toAs low as $ 1663.95, investors are increasingly worried that Greece may default and technical support fall also accelerated its decline. In Greece and civil tensions are down all of the creditors before completing the deal market. Euro, commodity, stock markets, emerging markets, not including yen, all markets fell. Institute of international finance (IIF) warned in a report, ifGreece disorderly default occurs, it may result in Spain and Italy to accept external assistance becomes necessary, in order to prevent the spread of crisis, also could have brought losses of more than 1 trillion euros in the eurozone. Investors are worried that global economic growth prospects, China at the beginning of the week cut economic growth targets for this year, and the data shows the European Union might not be able to avoid a recession. Technology trendsStatements, gold in last week anxious contusion and laceration near hundred Yuan zhihou, has experience has three days of oscillation market, which by limited 1727 and Yu yesterday again back soft, and Yu this Tuesday fell below last week low and 100 days average line, opened has and a fell market, temporary found in 1664 level first for back stability, but rebound space or will Yu 200 days average line 1678 level near first case resistance. Because rSI and the random index fell under short term gold still have discussion pressures. Target is expected to expand to $ and 1655, respectively on December 9 last year of low 1521.94 to highs last week $ cumulative increases and 50% of adjusting the levels. Resistance above is estimated at us $ 1688 and 1697, the next levelIn 1710. SPDRGoldTrust gold holdings: February 2-increase from 6.04616 tonnes to 1277.135 tonnes 1.20913 tonnes to 1278.34413 tonnes, February 10-February 9-overweight reduction of overweight 0.30228 tonnes to 1278.64641 tonnes, February 14-0.38,438 to ton February 16-increasing exposure to 3.02259 to ton February 21-0.30225 to ton holdings on February 23-increasing exposure to 1.20896 to ton February 24-increasing exposure to 1.81341 tons to 1284.60924 tons to 9.06658 tons of holdings of February 29-cent tons of gold on March 7 in London predicted early volatility: 1665-1688 resistance: 1697-1710 support: 1650-1639 London silver London silver, Zhou Chu clearly below average rising trend line and 25 daysHou, silver prices continued to slide, to a minimum Tuesday hit $ 32.41. 50 day average line on the chart happened to form support, and averages 100 days to near 32.2, RSI and stochastic indicators currently did not see signs of stabilisation, and fall again this document support, silver prices will remain down is a great opportunity. Golden ratio, low 26 December last year.Highs Wednesday on 14 to $ 37.46 total increase, the 50% callbacks level $ extend 61.8% is up to $. Resistance in the city is estimated at US $ cent and 33.4, further to 25 days on the average $ 34.15. iSharesSilverTrusT Silver holdings: 21.15 to ton reduction of February 21-February 23-increasing exposure to 61.95 to ton February 24-increasing exposure to 60.44 to ton February 27-increasing exposure to 22.66 to ton ton February 28-overweight 14.18 per centMarch 1-0 tons overweight tons to 27.2 tons reduction of March 2-March 5-3.75 tons to 9763.25 tons overweight 42.3 to ton 42.3 to ton reduction of March 6-March 7, early part of the forecast volatility of London silver: 32.40-33.40 resistance level: 33.90-34.80 support: EUR 31.9 per cent: still weak news briefs: Greece pressure on government organizations and creditors bondholders IIF, if Greece defaults, Italy and Spain will require external support decline in euro-zone GDP identified in the fourth quarter from the previous quarter 0.3%, representing a growth of 0.7% estimated volatility: resistance: 1.3270-1.3300-1.3360-1.3500 support: 1.3155-1.3055-1.2950-1.2860 focus: Wednesday: Germany industrial orders January Thursday: France January trade balance, Germany total industrial production in January, the European Central Bank interest rate resolution (2045) Friday: Germany February CPIHICP, Germany January trade balance, France EU says January industrial production, household spending, exports and the decline in the manufacturing sector in the last few months of 2011 was sapped by euro-zone economy, decline in display of large, seemingly could evolve into general recession. According to Eurostat data, in the euro zone in the fourth quarter gross domestic product (GDP) under the confirmation from the previous quarterSlide 0.3%, representing a growth of 0.7%. Estimates of the Executive Committee of the European Union this year will be almost back, it would be second recession in the euro-zone in only three years. Many analysts expect the economy will improve in the second half of this year, saying that euro-zone leaders will financial firewall of sufficient scale to reach agreement, is expected to rescue debt-ridden countries. European Union economy and the domesticCurrency board member Rehn said expected the trend to turn to. Rehn also said that euro-zone is currently in a mild recession, but there are signs of improvement, and European economy experienced a credit crunch risks have largely been prevented, as the European Central Bank provided long-term liquidity. Greece Government to pressure its creditors, seeking to reduce its huge debt notes swap agreement, at the same time the main creditor groupsWeaving warned Greece debt a disorderly default would cause the euro suffered losses of more than 1 trillion euros. Greece private creditors must be on the Thursday evening before deciding whether to join the bond swap. many of the largest holders of bonds were signed, but Greece still refused to participate in the pension funds and foreign investors. Greece worries coupled with market concerns about the global economy weighed on global stocksAnd the euro fell against the dollar. Plunge in the euro against the US dollar on Tuesday to two and a half weeks to low, due to fears of global economic growth, as well as the Greece bailout fears prompted investors ' risk aversion. Concerns about economic growth depress commodity money, low Australian dollar and New Zealand dollar plunged to more than a month after lowered the world's second-largest economy, China's economic growth target for the whole year to eight-year lows. Greece can finishAnd significant uncertainty about debt restructuring agreement between the private creditors, which will depress the euro. Greece private creditors must indicate whether participation in bond swaps before Thursday, this is the Greece bailout and debt restructuring as part of the agreement, the agreement will help Greece on March 20, the financial and the repayment of debt. A representative of Greece main says creditors, Greece disorderly defaultMay caused damage of more than 1 trillion euros in the eurozone, and Italy and Spain also depends on external assistance to prevent contagion, the news highlights Greece importance of debt swaps. Investors worried that the eurozone economy reeling, and euro under pressure. Revised data confirm that the euro area economy in the second quarter of 2011 contract, has the potential to usher in a recession. Monday'sThe purchasing managers ' index (PMI) highlighted the region's bleak prospects. EUR/USD fell to 1.3101 Wednesday, February 16 to a minimum. From the technical point of view, the euro against the dollar early last week clearly 1.35 mark subject, impact has been the fourth Wednesday, but will still be beaten in a contest. Result in 25 days of 1.323 also has fallen below the average line,Now the euro ran out, and the RSI and stochastic indicators have also been seen down, which is a weak warning. Golden ratio, and 38.5% back to the document level can be seen to and 1.3155 respectively extends to 1.295 61.8%. Expected another large supporting 1.286. Short-term resistance at 100-day averagesAnd 1.327, back breaking the stabilisation of the euro, will look to further resistance and 1.336 mark. Related news: Eurostat data published on Tuesday showed that within the euro-zone in the fourth quarter gross domestic product (GDP) recognized as a decline in first quarter 0.3%, representing a growth of 0.7%. Italy head of public debt managementPrimary dealer reported participation of national standards of foreign investors on the debt increase. Italy Vice Minister of the Ministry of economy said the country's public debt issue will be based on market demand, more or less offering more than 10-year government bonds. Greece debt agencies confirmed, March 8 is the deadline for investors involved in the bond swap plan. Greece Ministry of finance official denies plans to investors involved in the bond swap planTo extend the period after March 8. Greece officials: most hold Greece bonds of Greece agreed to participate in the retirement fund debt swap plan, four declined. EU Executive Committee urges Hungary to take further measures to achieve fiscal deficit this year of GDP2.5% goal. EU economic and Monetary Affairs Executive Member of Rennes (OlliRehn) said on Tuesday that the eurozone nowIn a mild recession, but there are signs of improvement, Europe's economy experienced a credit crunch risks has largely been prevented, as the European Central Bank provided long-term mobility; the Committee supports the European financial stability facility (EFSF) of surplus resources with the European stabilisation mechanism (ESM) integration, to enable the firewall is more solid in Europe. JPY: technical convey a callback News Briefing:Japan January overtime representing a rise of 1.2%, five consecutive month Japan foreign exchange reserves dropped to us $ 1.303 trillion in late February estimate volatility: resistance: 81.75-83.00-84.50 support: 79.50*-78.75-78.20 focus: Wednesday: Japan January leading indicators on Thursday: Japan January current account surplusIn the fourth quarter GDP revised February services boom index of judgments against the yen on Monday, falling from a nine-month high of 81.86 Tuesday level of decline continued into 80.5; risk aversion in the market heating up, from the recent weakness of the yen steady. Technology trends, since August last year, USD/JPY trend has been a breakthrough in a system of double bottom patterns, it was 79.5 per centNeck line, computing extended fluctuations of up to 83, as future important goals. Golden ratio, decreases were recorded in the May of last year 61.8% another near resistance levels are listed in the rebound of 81.75. Estimate key standard continued in December 2010 for a long time and not exceeded 84.5. However, the RSI and stochastic indicators areShows Super buy signs to beware of short-term recall risks. Support, you focus on the neck line of 79.5, as long as not breaking back below this area, expected the dollar-Yen can still maintain a rising trend in the near future; otherwise, try large supporting up to 250 days under average level and 78.75. Related news: Japan's Ministry of Finance announced on Wednesday,End of February, the country's foreign exchange reserves dropped to us $ 1.303 trillion. Last month, the Finance Ministry said Japan Government in November last year-1 foreign exchange intervention scale of approximately 1 trillion yen, before implementing the intervention did not inform the market. Prior to the intervention, Japan on October 31, implemented a unilateral intervention by the scale up to 8 trillion yen, to depress the yen against the dollar. Between the beginning of NovemberFebruary 27, Japan has not carried out any intervention. Sterling: bottom of the test consolidation news briefs: United Kingdom February service sector purchasing managers ' index (PMI) 53.8 per cent estimated volatility: resistance: 1.5890-1.6000*-1.6090 support: 1.5650*-1.5610-1.5520-1.5300Focus on: Tuesday: United Kingdom BRC2 months of retail sales Thursday: the United Kingdom's central bank interest rate resolution (2000) Friday: United Kingdom January industrial production? manufacturing output, the February PPI input prices? output prices in Sterling against the US dollar dropped sharply on Tuesday fell, 1.588 fell to a minimum of 1.5694. United Kingdom Home prices unexpectedly fell and weak retail sales data, investorsOverall reduced demand for riskier currencies and assets. Investors in the stock market and commodities to take profits on recent gains in the market. United Kingdom's largest mortgage lender Halifax according to United Kingdom in February prices decreased by 0.5%, expectations rose 0.3% origin, more weak market sentiment. In addition, Greece and private creditors to reach agreement by Thursday, cityGenerally cautious about this. If the States cannot reach an agreement, it would endanger the recent 130 billion euro bailout, disordered and raised the risk of default, depress the riskier assets. Is responsible for representing the creditor debt help consultation swap agreement of the Institute of international finance (IIF) said that Greece could a disorderly default would make Italy and Spain need to seek external assistance so as toProliferation risks, and caused losses of more than 1 trillion euros to the eurozone. Trend chart, pound against the US dollar after challenge 1.6 a gate failed last week, has shown signs of decreased significantly this week, RSI and stochastic indicators, MACD indicate short-term tendency continued downward, while on Tuesday Sterling fell back to the level of 1.57, again approached twice in February, touching and low1.565, this has clearly become today the test target, if in turn fall, you will burst of consolidation in recent months, to calculate up to 1.53. If the calculation to increase during the year, and 50% callbacks level can look to and 1.561. Close above resistance and 1.58, 1.60 of psychological barrier will remain a concern. Related news: the United Kingdom's largest mortgage lender Halifax said on Tuesday wot power leveling, United Kingdom in February prices decreased by 0.5%, offsetting most of January's gains. For the three months ended in February, United Kingdom price representing a fall of 1.9%, an average house price of 160,118 pounds. HalifaX said, over the next few months the inflation rate falls back should reduce domestic pressure on the part of their income, help to support the demand for housing. Since the financial crisis erupted, as the cornerstone of consumer wealth United Kingdom real estate market has been reeling. REC: United Kingdom February fixed job recruitment index increased for the second month in a row, the fastest growth since May. Swiss francs: maintain the rebel News Briefing:Switzerland January retail sales representing a growth of 4.4% estimated volatility-resistance: 0.9245-0.9300-0.9380-0.9500 support: 0.9050-0.8920*-0.8800*-0.8566 focus: Wednesday: Switzerland unemployment rate in February on Thursday: Switzerland February CPI weak eurozone economic dataAnd Greece uncertainty in bond swaps, tended to depress market risk appetite is suppressed, the euro fell to a two-week low against the dollar, other high risk currencies lower, Europe will plunge in the stock market. Strength in the dollar index, approaching 80 mark, on Tuesday, closing at 79.8. So far during the year has formed a double-bottom pattern, 80.15 neck line location, where significant growth momentum,The first important goal will be 82 level. Markets are waiting for a fundamental new news, will be announced this week that United States February employment data, it is estimated that publication of this data is essential, and on market trends. Short-term support at 79.2 expects the United States. Trend of dollar against the Swiss franc, tripe on US dollar against Swiss franc falling near the 0.8920 level sustained, on Friday to break the 25-dayAverages, on Tuesday has risen to 0.9199. Current important resistance is expected as the 50 day average and 0.9245 level, Outlook can break through this region, is expected to drive the dollar to rise further, targets will be able to see and 0.9380 level. Support you look back at 0.9050 and 0.8920 is still as important support reference,This area is broken by outside, try leveling will be under 250-day average of 0.88, further decreases in the October 27 low 0.8566 for reference. Australian dollar: weak area below news briefs: Australia's Central Bank to maintain interest rates unchanged in the 4.25% central bank statement: because the material close to the trend level of economic growth, inflation rate close to target levels, considered that the currentMonetary policy appropriate. Bank said if the substantial weakness in demand, inflation Outlook has room for monetary easing in Australia the seasonally adjusted current account deficit in the fourth quarter 8.37 billion Australian dollars seasonally adjusted GDP in real terms in the fourth quarter from the previous quarter 0.4%, up 2.3% estimated volatility increases: resistance: 1.0600-1.0715-1.0800 support: 1.0440-1.0430-1.0355-1.0235 focus: Thursday: Australia February jobs data Friday: Australia January trade balance in goods/services to Australia's Central Bank announced Tuesday that maintaining index interest rate unchanged at 4.25%, wait for the second month in a row, but again when the economy weakened significantly easing the possibility of。 Although the Central Bank decisions in line with widely expected. In a brief statement released after the meeting, Australia's Central Bank reaffirmed standard of close to the trend growth of the economy and the prospect of inflation control. Declaration expressed the balanced and relaxed tone, relax and tend to remain unchanged, but to a large extent, the only economic activity data disappointing, will promote Australia's central bank interest rate cut. Global economic growth and the euro-zone debtConcerns, hit on risk assets. Earlier Australia's Central Bank to maintain interest rates unchanged, and retained when the economy weakened significantly easing the possibility, which also hit the Australian dollar. In addition, data showed on Wednesday, and growth in the Australian economy in the fourth quarter from the previous quarter 0.4%, stride unexpectedly slowed, due to decline of corporate spending from a record high, the data hit the Australian dollar lower, interest rate cuts may beIncreases. Fourth quarter gross domestic product (GDP), representing a growth of 2.3%, only slightly less than expected. Carried on by the Australian dollar declines on Tuesday, on Wednesday morning hit a further to 1.05 calls for minimum standards to date on January 30. Trend charts can see, Australian dollar plunged on Tuesday, there has been a possibility exists of February fluctuation interval 1.06 per cent, withSounds weak signal of the RSI and stochastic indicators, Australian dollar short-term downward pressure. Next important support level of 250 days average 1.044. In addition, in December last year rose terms, and 38.2% of adjusting the levels will be seen to 1.047 and 1.0355,61.8% will come to 1.0235. ToAt the level above the resistance is met at 1.06, greater resistance during the 25-day average and 1.0715 level. Related news: Australian Bureau of statistics data showed on Wednesday, fourth-quarter seasonally adjusted real gross domestic product (GDP) growth from the previous quarter 0.4%, representing a growth increase of 2.3%. Survey results show that market would have beenGDP in the fourth quarter over quarter growth 0.8%, representing a growth of 2.4%. Third quarter GDP fix up 0.8% from the previous quarter, the former value of growth 1%. Australian Central Bank Executive Director: high interest rates and the Australian dollar exchange rates high to curb inflation, refused to cut down Australian appeal. Niuyuan: soft bottom of estimated volatility: resistance: 0.82000.8250 support: 0.8085-0.8000-0.7960-0.7845 focus: Thursday: New Zealand's central bank interest rate resolution (0400) niuyuan crash on Tuesday, also trend of the euro shock, this has been on China cut its economic growth target markets feel anxiety, Greece fears reignite and shock. Greece on Thursday before the deadlineOr not with concerns enhancement of the private creditors reach agreement on debt reduction. Greece pension funds and foreign investors still refused to participate in the debt swap, forced the Athenian threat will force investors take losses that are not written down on a voluntary basis. Other risks to future events, especially concerns of inflation in China and the United States on Friday's non-farm employment report. $ $ New Zealand dollar againstLow touched $ 0.8096 on Tuesday, January 25 minimum. To pay attention to in last December, low add-on high $ 0.7483 increases were registered in the calculation, a 38.2% adjust the horizontal level of 0.8085, close to the lows yesterday, just 200-day average line there stood a table within this area, either above the previous consolidation;Near resistance can be seen to bottom originally run intervals of 0.82 and 0.8250; after or is in buck, 0.80 gate revisited. If further adjustments to the range and 50% are up to and 0.7960. Related news: regulating wholesale sales growth in the fourth quarter by quarter in New Zealand 2.5%, machinery and equipment, grocery alcohol and tobacco salesBoost. Canadian dollar: stick to one's guns again estimated volatility: resistance: 1.0050**-1.0130-1.0320-1.0420 support: 0.9930-0.9880-0.9750 focus: Wednesday: Canada January building permits on Thursday: Canada February housing starts January new-home prices, the central bank interest rate resolution (2,200) weekFive: Canada February job changes? unemployment, Canada January trade balance, Canada the fourth quarter labor productivity according to the Ivey Purchasing Managers Index released Tuesday (PMI) in February, Canada economic purchasing activity unexpectedly rose, even increased to four months. In February seasonally adjusted PMI rose to 66.5 per cent in January, Reuters survey of analysts of the original estimate62. In February, unadjusted index from 55.7 per cent to 66. US dollar Canadian dollar rally in the third consecutive day on Tuesday, and rose to the highest level for over a week after about the worsening global growth prospects, and Greece cannot be worries that the debt restructuring prior to its expiration heats up. China cut economic growth targets for this year, while data show euro zone is likely to slide into recession, so go toYears since the beginning of December the European Central Bank (ECB) to bank driven by positive sentiment gradually weakened. In addition, Greece and debt holders may not have expiration date on Thursday reached an agreement for the Government, and this is the key to bailout funds on March 20 to pay the debt, market ignited worries again. Canadian dollar high against the dollar reach 1028. Trend chart, 1.005 original position at the top for the early period of the US dollar against the Canadian dollar, and also as a falling trend line resistance, so if Outlook further broken, thrown leaped by power of the more obvious. Next level target will point to the 100-day averages 1.013, prediction and 1.032 resistance. SupportAnd 0.9930, 0.9750 important support estimate. Financial news United States energy information Association (EIA) 2012 prediction of global oil demand grew by 260,000 barrels to 1.06 million barrels a day. EIA also in the monthly global oil demand forecast by 120,000 barrels in 2013, to 1.37 million barrels a day.And non-petroleum exporting countries (OPEC) 2012 prediction of oil production capacity reduced by 80,000 barrels, 52.46 million barrels to production capacity, yield estimates reduced by 170,000 barrels are 2013, to Nissan 53.22 million barrels. United States Petroleum Institute (API) released Tuesday, United States crude oil inventories increased by 4.6 million barrels a week recently wot power leveling, United States last week gasoline inventory reduction 2300,000 barrels, distillate oil deposit and add 924,000 barrels. United States crude oil futures fell nearly 2% on Tuesday, global economic worries about Greece's debt restructuring uncertainty pushed the euro against the US dollar, against investors for oil, commodity and stock market's appetite for risk. Major powers to accept Iran to the consultations on its nuclear programme of news has eased fears of supply disruptions.Crude oil futures were under pressure. Heating oil and gasoline futures dragged down by crude oil, down nearly 3 cents, almost 1%. After the closing of trading crude oil futures continued falling. United States Petroleum Institute (API) reported that on March 2 the week United States crude oil inventories increased by 4.6 million barrels. estimated more than four times higher, Reuters analysts ' average forecast increase of 800,000 barrels. GasolineTotal, after the publication of the API data reduction decreases. API reported gasoline inventory decreased by 2.3 million barrels last week, decline was worse than analysts estimated reduction of 1.4 million barrels. Heating oil futures decline expanded slightly. United States Petroleum Association (API) report showed that distillate oil deposit and add 924,000 barrels, which expected to be reduced by 1.5 million barrels. New York Mercantile Futures Exchange (nYMEX)-April $ 104.7 period settlement price per barrel of crude oil, representing a decrease of $ 2.02, or 1.89%, intraday trading range between $ 104.51 per cent. Intercontinental Exchange (ICE)-April Brent crude futures fell $ 1.82 world of tanks power leveling, or 1.47%, $ 121.98 settlement price per barrel, tradingInterval value between us $ 121.59 per cent. United States energy information Association (EIA) will non-OPEC on Tuesday (OPEC) 2012 prediction of oil production capacity reduced by 80,000 barrels, 52.46 million barrels to production capacity, yield estimates reduced by 170,000 barrels are 2013, to Nissan 53.22 million barrels. For South Sudan, Yemen and North Sea supplyThe line. Data research institution owned by MasterCard SpendingPulse data published on Tuesday showed that last week United States retail gasoline demand down 1.5%, 6.5% also fell over the same period last year, due to price increases. Reports show that as of March 2, the week United States retail gasoline price rose by 15 cents, to $ 3.75 per gallon, over the same period last year, rising9.3%. Markets on Iran could disrupt oil supply worries eased after world powers accept Iran for consultations on its nuclear programme proposal, United States Defense Secretary warned that if diplomatic efforts failed, United States will take military action to stop Iran developing nuclear weapons.