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Commodities
Germany signals belt-tightening but no tax rises in budget compromise
© Reuters. FILE PHOTO: German Finance Minister Christian Lindner attends the weekly cabinet meeting at the Chancellery in Berlin, Germany November 22, 2023. REUTERS/Fabrizio…
Gold holds steady as investors weigh Fed signals and await US PMI data
© Reuters.
In today's Asian market session, gold prices exhibited narrow trading as investors processed the latest cues from the Federal Reserve and anticipated the release…
Gold prices hover below $2,000; US PMIs awaited
© Reuters.
Investing.com-- Gold prices hovered just below key highs on Friday as a U.S. market holiday made for scant trading cues, with focus now turning to upcoming…
WTI crude steadies as OPEC+ considers further cuts
The oil market is closely watching the developments within OPEC+ as the group prepares for a virtual meeting on November 30 to discuss potential production cuts. This comes…
Gold struggles to maintain position above $2000 amid US labor market resilience
© Reuters.
Gold's attempt to stay above the coveted $2000 mark faltered today as trading volumes remained thin due to the Thanksgiving holiday. The precious metal, often…
Oil markets grapple with OPEC discord and production quota delays
© Reuters
The energy sector is facing heightened uncertainty as disagreements among OPEC members over production quotas have led to a postponed meeting, stirring unease…
Gold prices hold steady amid lower US Treasury yields and a weaker dollar
© Reuters.
Gold prices saw a slight increase today, with trading at $1992 as US markets took a break for Thanksgiving, resulting in lower trading volumes. The precious…
Brent retreats ahead of OPEC+ oil production decision
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© Reuters. An aerial view shows a crude oil tanker at an oil terminal off Waidiao island in Zhoushan, Zhejiang province, China January 4, 2023. China Daily via REUTERS/File…
Global beef market sees divergence as North America holds steady, Southern Hemisphere falters
The global beef market is experiencing a notable divergence, with North American cattle markets displaying resilience while southern hemisphere countries face significant…
Oil prices inch higher amid OPEC jitters, set for first positive week in 5
© Reuters.
Investing.com-- Oil prices rose slightly in Asian trade on Friday as traders remained on edge over a delay in an OPEC+ meeting, although expectations of more…