A major U.S. power outage occurred on Monday after the pipeline network was restored. Oil prices have risen sharply, however, new regulations in Asia have raised sentiment amid rising COVID-19 cases. Brent crude futures rose 3 paise to $ 68.74 a dollar in early trade at $ 68.74 a dollar, while West Texas Intermediate (WTI)…
Gold in Asia high to a three-month high on Monday morning, researchers said. The dollar, which normally moves against gold, rose to a 10-year low of Rs. Treasury yields fell further from a one-month high in the previous week. Industrial production growth slowed to 9.8% year-on-year in April, according to Chinese data released the previous…
The length of gold still awaits at 8,850 altars, but at that level, their search for snipers ended in vain for the second week in a row. However, believers in the yellow metal did not prevent a 0.8% raise at the end of Friday and a 0.3% rise for the week. It was the second…
The U.S. Open for Asia on Thursday morning in April. Consumer prices were higher, raising concerns about higher inflation. Gold futures down by 0.34% to $1,816.65 The U.S. The 10-year Treasury yield rose to its highest level in more than a month, with strong demand at an auction of 10-year notes. The U.S. for April…
U.S. Oil prices rose on Wednesday after the fall in crude oil prices strengthened OPEC’s strong demand outlook, while the market expected new updates on the collapse of the colonial pipeline. U.S. West Texas Intermediate (WTI) crude futures rose 29 cents, or 0.44%, to $ 65.57 a barrel at 0646 GMT, up 36 percent on…
The U.S. The benchmark 10-year Treasury yield and the dollar were lower in the U.S. at the end of the week. Gold fell in Asia on Tuesday morning, shortly before inflation data. Gold futures were down 0.04% at 8,836.85 Until high inflation, wage increases, and strong employment rates create an average of 1 million jobs,…
Gold rose in Asia on Monday morning, nearing a three-month high. The disappointing U.S. report was released on Friday. Investors are now betting that interest rates will be lower for a while due to the monthly work report. Gold futures were up 0.06% at 8,832.35 The U.S. It released its April employment report on Friday,…
Iron ore futures soared as trading resumed on Monday, setting a record amid widespread demand for China and widespread rise in commodity prices as the global economy recovers. The future in Singapore rose more than 10% to a new record of $ 226 a tonne. The raw material for making steel is increasing as there…
Rising premiums for North Sea oil led to the arrival of crude into Europe from exporters across the Atlantic. According to data compiled by Bloomberg, manufacturers in countries including Nigeria, Brazil, and the U.S. loaded nearly 1 million barrels of crude a day to European buyers more than they did in March last year. The…
Oil led to a second straight weekly improvement as investors bet on rising energy demand amid a broad rally in commodities, with China’s strong trading data highlighting the strength of the world economy. The West Texas Intermediate rose 0.5%, recovering from a fall on Thursday. As vaccine-assisted economic activity proliferates in the U.S., Europe, and…
