Oil Up 2% On Ida-Pressured U.S. Crude Draw
Calmer World Markets Outweigh Hawkish Fed, Send Dollar Lower
DXY Is Higher: What The Fed Planning Today?
Below The Dollar Edge Fed Meeting; The Yuan Is Weak
Gold Down, But Moves Small Ahead Of Fed Policy Decision
Saudi Arabia And UAE To Lead OPEC Oil Production Increase
OPEC pumped 26.03 million barrels per day (bpd) of oil in June—up by 590,000 bpd from May, the cartel said on Thursday as it predicts demand.
16 July 2021 01:43 AM
G Up, Just Below Four-Week High, Over Powell Dovish Stance
Gold was up on Thursday morning in Asia but slipped just below the four-week high hit in the previous session, as U.S. Federal Reserve Chair Jerome Powell.
15 July 2021 04:29 PM
Oil Extends Losses On U.S. S Gain While OPEC+ Nears Deal
Oil extended losses to drop below $73 a barrel after U.S. gasoline stockpiles unexpectedly expanded, and on signs OPEC+ is closing in on an agreement.
15 July 2021 04:34 PM
G Up, But Gains Capped By Higher-Than-Expected US Inflation
Gold was up on Wednesday morning in Asia, but Tuesday’s data that said U.S. consumer prices last month rose by the most in 13 years capped.
14 July 2021 04:37 PM
Gold Up, Steadies Ahead Of U.S. Inflation Data
Gold was up on Tuesday morning in Asia, steadying from the one-week low hit during the previous session. The dollar weakened ahead of U.S. inflation data.
13 July 2021 05:31 PM
Oil Rises On Expectations Of U.S. Crude Stocks Falling
Oil rose on Tuesday, recovering from the previous day's drop, as expectations of further declines in U.S. crude inventories outweighed fears.
13 July 2021 01:24 AM
Gold Down Ahead Of U.S. Inflation Data, Powell Testimony
Gold was down on Mon morning in Asia. Concerns about COVID-19 outbreaks remain as countries including Australia and South Korea reintroduce restrictive measure.
12 July 2021 05:14 PM
O Down, Investor Still Await Outcome Of OPEC+ Output Dispute
Oil was down, but little changed, Monday morning in Asia. Supplies remained tight as key producers continue to disagree on whether to increase.
12 July 2021 05:20 PM
Gold Poised For Third Weekly Advance On Recovery Headwinds
Gold is heading for a third weekly advance, with the haven metal gaining on anxiety about the spread of Covid-19 variants and the prospect.
9 July 2021 12:29 PM
Oil Prices Rise As EIA Data Beats Expectations
Crude oil prices rose higher today after the Energy Information Administration reported an inventory draw of 6.9 million barrels for the week to July 2.
8 July 2021 04:51 PM
Gold Futures On Thurs Were Headed For A Sixth Straight Gain
Gold futures on Thursday were headed for a sixth straight gain, supported by a tumble in global stocks and a retreat in yields for U.S. government debt.
8 July 2021 04:48 PM
Crude Oil Higher; Lack Of OPEC Unity Prompts Volatility
Crude oil prices pushed higher Wednesday, rebounding after Tuesday’s sharp selloff as the failure of a group of major producers to maintain unity.
7 July 2021 03:54 PM
G Break $1,800 Again As Traders Await Steer From Fed Minutes
Gold climbed above $1,800 an ounce again as investors took a risk-off turn before the release of Federal Reserve meeting notes.
7 July 2021 10:47 AM
Crude Oil Falls; Traders Digest OPEC+ Disagreement
Crude oil prices weakened Tuesday, giving up sizable gains as traders digested the failure of a group of major producers to come up.
6 July 2021 04:41 PM
Gold Up As Dollar Weakens, Investors Await Fed Minutes
Gold was up on Tuesday morning in Asia and was close to a two-week high. A weaker dollar also gave the yellow metal a boos.
6 July 2021 04:43 AM
Oil Price Rise OPEC+ Seeks To Break Impasse Over Output Pact
Oil prices rose on Monday, driven higher by a disagreement inside OPEC+ about output policy that led to a third day of talks to try to break.
5 July 2021 01:55 PM
Gold Market Has From High Of $1900 In June To Trade At $1775
The gold market has encountered an abrupt reality check plunging from highs of $1900 in June to trade at $1775 currently.
4 July 2021 02:37 AM
Gold-Obsessed Young Indians Invest Heavily In Crypto
In India, some households own over 25,000 tonnes of gold. Interestingly, investments in cryptocurrency grew from nearly $923 million.
4 July 2021 02:28 AM
Dollar Gains Ahead Of U.S. Payrolls, Seen Higher Short-term
The dollar hit three-month highs on Thursday but traded within narrow ranges as investors looked to Friday's U.S. nonfarm payrolls report for clues.
2 July 2021 04:52 AM
Gold Up, But Avoids Big Moves Ahead Of U.S. Employment Data
Gold was up on Friday morning in Asia, but investors avoided big bets ahead of the release of critical U.S. employment data that could sway the U.S. Fed.
2 July 2021 04:41 AM
Oil Prices Inch Up Ahead Of OPEC+ Decision On Supply Cuts
Oil prices edged higher on Thursday, supported by lower U.S. inventories, as investors waited for a decision from key producers on whether.
1 July 2021 08:10 AM
O Up, OPEC+ Delays Talks Ahead Of Production Policy Meeting
Oil was up Wednesday morning in Asia after the Organization of the Petroleum Exporting Countries and allies (OPEC+) delayed talks ahead of its ministerial.
30 June 2021 09:21 AM
Oil Hold Below $73 On Demand Concerns Ahead Of OPEC+ Meeting
Oil held losses below $73 a barrel as a coronavirus resurgence raised concerns about the demand recovery ahead of an OPEC+ meeting this week.
29 June 2021 02:05 AM
Gold Up, But “Jury Is Still Out” On Fed Tapering
Gold was up on Monday morning in Asia as investors digested the U.S. Federal Reserve’s mixed signals on monetary policy tightening.
28 June 2021 05:44 AM
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