Oil prices rose on Wednesday after a report of declining crude inventories in the country and as producer club OPEC seemed to stick to its supply cuts despite pressure from U.S. President Donald Trump. U.S. West Texas Intermediate (WTI) crude oil futures were at $56.02 per barrel at 0100 GMT, up 52 cents, or 0.9 Read more about LIVE MCX TOP NEWS BY WILSONCOMMODITY[…]
The most recent News and cost moves to begin the Asian afternoon on Friday November 16. Zinc futures on the London Metal Exchange rebounded from 3 percent in the close on Thursday Nov 15, ending a weeklong downward tendency and maintained for a decade low in total LME stocks. Read more from our live futures Read more about The most recent News and cost moves to begin the Asian afternoon on Friday[…]
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Gold prices held steady on Monday after seeing their best gain in over a year the session before, boosted by short-covering and as comments from the head of the U.S. Federal Reserve signalling a gradual approach to interest rate hikes weighed on the dollar. Speaking at a research symposium at Jackson Hole, Wyoming on Friday, Read more about MCX SURE LATEST BULLION UPDATE[…]
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Oil prices rose on Tuesday with re-introduced U.S. sanctions against major crude exporter Iran expected to tighten global supply. Spot Brent crude oil futures LCOc1 were $74.17 per barrel at 0710 GMT, up 42 cents, or 0.6 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were up 30 cents, or Read more about MCXSURE LATET UPDATE[…]
Stocks are sliding around the world as fears about trade return. The concerns were triggered by the news that President Trump is considering 25% tariffs, rather than 10%, on $200 billion of Chinese goods. Turkey’s lira has tumbled past five per dollar to a record low after the U.S. imposed unprecedented sanctions: https://www.wbca.st/hChh5Vw Elsewhere: – Read more about MCX SURE LATEST UPDATE[…]
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Gold Today Report Gold prices slipped on Friday as the dollar firmed against the other major currencies in Asia in late morning trade Friday, with the U.S. dollar index testing the 94 level.Gold futures for June delivery on the Comex division of the New York Mercantile Exchange was down $2.4, or 0.18%, to $1,301.9 a troy ounce by Read more about Live Update[…]
Gold Today Report Gold prices fell on Tuesday as the dollar held steady ahead of PPI and CPI data on Wednesday.Gold futures for June delivery on the Comex division of the New York Mercantile Exchange was down $2.3, or 0.2%, to $1,311.80 a troy ounce by 12:30AM ET (04:30 GMT).The U.S. dollar index that tracks the greenback against Read more about Live Update[…]
Asian equities launched the week mixed, with Japan, South Korean, Hong Kong and Chinese equities moving lower at or shortly after the open and Australian equities moving a higher. Earnings season is ramping up this week and there will much economic data in Japan for investors to chew on, including PMI data and the Bank Read more about Asian Equities Launch Week In Red :-[…]