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Commodities Week Ahead: Wti Could Break $50 Support; Gold Awaits Fed Cues - Latest News


Commodities Week Ahead: WTI Could Break $50 Support; Gold Awaits Fed Cues

The writing has been on the wall of oil trading exchanges for a few weeks and is working its way onto price screens now: US crude testing $50 per barrel. Regardless of what the truth is, in oil trader... read more

Gold Steady Near Weekly High’s On Subdued Demand For US Greenback

Gold prices edged higher on early Asian market hours today and are on track for one of the best weekly performance in 2018 as US ... s move to delay a final decision on output cuts as its awaits suppo... read more

Today's Market View - BlueRock Diamonds, Phoenix Global Mining and others

Gold and the US$ are little changed this morning as US markets return from holidays and markets are looking forward to Fed ... last week. • Iron ore futures are off for a second day amid elevated port ... read more

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Stories for March 2014

A controversial proposed initiative backed by trial lawyers and Santa Monica-based Consumer Watchdog would more than quadruple the amount of money a patient could be awarded for ... priced its IPO at ... read more


U.S. Opening Bell: Stocks Climb Ahead Of Key Fed Speech; USD Eyes 17-Month High

The NASDAQ Composite (+0.01%) barely managed to hold on to this week’s gains ... of the broader commodities spectrum this year. Later today, Powell's speech will be scrutinized for any clue, however s... read more

Reuters: Ahead of production cut deal, OPEC oil output hits record high

OPEC oil output set another record high in November ahead of the deal to cut production ... meaning OPEC would be pumping 1.69M bbl/day above the 32.5M target level agreed last week. read more

Crude Oil Bounces As Bears Book Profits, Gold Awaits US Sentiment Data

Looking ahead ... Fed rate hike expectations, which in turn could leave gold and silver some breathing room. Finally, copper plunged to its lowest level in 6 months on Thursday with news sources tying ... read more

Crude Oil and Copper Stabilize As China Demand Concerns Ease

While event-risk may be lacking, speculative positioning amongst WTI traders stands at a record number of net long positions signalling the potential for a sharp correction for oil. Gold Faces Mixed C... read more



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