Oil in Asia was lower on Friday morning but recorded solid gains at the end of the week and month. Fuel demand is growing faster than supply, while vaccination rates have mitigated the impact of the renaissance on Govt-19 cases worldwide. Brent oil futures were down 0.79% at $ 74.51 after rising 1.75% on Thursday….
Gold in Asia rose to a one-week high on Thursday morning. The U.S. The Federal Reserve did not provide a deadline for its plans in its latest policy decision and said it was “a way out” of considering interest rate hikes. Gold futures rose 0.81% to $ 1,814.20 on July 20. The dollar, which normally…
Oil rose in Asia on Wednesday morning, leaving the U.S. An imbalance in crude supply increased, which strengthened expectations that fuel demand would outweigh supply growth. However, the increasing number of COVID-19 cases worldwide has made black liquid profitable. Brent oil futures rose 0.65% to $ 74 after scattering 2 cents during the previous session…
Gold rose in Asia on Wednesday morning, with the US gaining ground. As investors wait for the Federal Reserve’s latest policy decision, the key psychology is close to $ 1,800. Gold futures rose 0.36% to $ 1,806.35. The dollar rose on Wednesday but was below the three-and-a-half-month high reached in the previous week. The central…
Markets saw profit bookings during today’s trade, closing its lows after a major short cover rally during the last two trading sessions. Both the Nifty and the Bank Nifty index closed 2 0.2% lower. Reliance Industries was one of the best performers, contributing to the majority of the Nifty’s losses, closing 3 1.3% after the…
Oil in Asia fell on Friday morning, but caught up largely three days earlier, hoping rising demand would tighten global markets. Brent oil futures were down 0.37% at 5 73.52. WTI futures fell 0.38%. 71.64 and was down 0.3% in early Asian trade after accumulating more than 8% in the previous three sessions. Brent and…
Gold fell in Asia on Friday morning, recovering from a low of more than a week during the previous session. U.S. U.S. yields rebound and weaker than expected. Economic data also helped to strengthen the dollar. Gold futures were down 0.06% at $ 1,804.35 on Thursday. It was at $ 1,791.16 on Thursday after hitting…
U.S. Energy Information Management (EAA) U.S. Confirming an astonishing structure in the supply of crude oil, the rising Govt-19 cases reduce the global fuel demand outlook. However, the black liquid kept most of its gains from the previous session above expectations that products would be tight by the end of 2021. Brent oil futures rose…
Markets saw the biggest short cover in today’s trade as the weekly code call custom writers ran for the cover. The Nifty Bank surpassed the Nifty index by 0.5%, with both indices ending intraday highs at 25 1.25% / 0.75% respectively. Midcap shares such as Arvind Fashion (Hisar) ended with a gain of% 15% -20%….
Gold fell in Asia on Thursday morning, nearing a one-week low. Concerns about an increase in COVID-19 cases are a strengthening dollar and an increase in risk appetite, both of which reduce the appeal of the yellow metal to investors. Gold futures were down 0.20% at $ 1,799.80 since July 12 during the previous session….
