Showing posts with label commodity tradng news. Show all posts
Showing posts with label commodity tradng news. Show all posts

Wednesday, September 7, 2016

Oil rally continues as Brent tops US$50 a barrel

Oil prices continued to rally on Thursday with Brent oil topping US$50 a barrel following data showing lower US crude stockpiles.Brent North Sea crude for delivery in October rose US$1.04 to US$50.89 a barrel in London,...

Gold holds biggest jump since Brexit vote on lower Fed rate bets

Gold held the biggest daily increase since June and traded near the highest in almost three weeks as the dollar weakened amid diminishing bets on an interest-rate rise in September.Bullion for immediate delivery traded...

Monday, September 5, 2016

Gold holds gain on speculation Federal Reserve won't raise rates this month

Gold held an advance after the US reported weaker-than-expected jobs data, reducing speculation the Federal Reserve may increase interest rates as soon as this month.Bullion for immediate delivery was 0.1 per cent lower...

Friday, September 2, 2016

Gold treads water as all eyes on US Jobs data for Fed clues

Gold headed for a second weekly decline ahead of a key US payrolls report that's expected to give investors direction on the Federal Reserve's tightening path.Bullion for immediate delivery was little changed at US$1,314.40...

Thursday, September 1, 2016

Gold holds monthly drop as payrolls in focus for data-driven Fed

Gold held last month's decline as investors await US jobs data due Friday for further clues on the timing of an interest rate increase.Bullion for immediate delivery was little changed at US$1,309.70 an ounce at 9:15am...