Category: Commodities

  • China stimulus pushes global shares to new peak, boosts commodities By Reuters

    By Sruthi Shankar and Ankur Banerjee LONDON/SINGAPORE (Reuters) – Global stocks hit record highs on Tuesday after China unveiled stimulus measures to support its economy and equity markets, sending Asian and European shares higher and leading to a rebound in commodity prices. People’s Bank of China Governor Pan Gongsheng announced…

  • China stimulus pushes global shares to new peak, boosts commodities By Reuters

    By Sruthi Shankar and Ankur Banerjee LONDON/SINGAPORE (Reuters) – Global stocks hit record highs on Tuesday after China unveiled stimulus measures to support its economy and equity markets, sending Asian and European shares higher and leading to a rebound in commodity prices. People’s Bank of China Governor Pan Gongsheng announced…

  • Dip buyers continue to wade into equitie, commodities and crypto

    Market sentiment continues to improve after early pullback. US traders have managed to stabilize the market after the worst day in Japanese stock market history. The market is trying to digest the decline in carry trades and the rapid and widespread deleveraging in an uncertain economy. Helping to improve the…

  • Dollar firms as commodities slide and carry unwinds By Reuters

    By Tom Westbrook SINGAPORE (Reuters) – Commodity currencies hit multi-week lows on Wednesday, tracking weak Chinese demand, while the yen rose as short sellers pulled out ahead of a central bank meeting. PMI figures will be watched particularly in Europe later in the session to see if they support bets…

  • Another mixed session for commodities

    It was another mixed session for commodities. Energy: Oil saw a notable increase in trading by more than 1% while natural gas fell by almost the same amount. Precious Metals: Gold and silver rebounded well while platinum traded down more than 2%. Commodity performance Getting a solid reading on commodities…

  • Traders Are Bracing for a Record-Smashing Summer That Will Roil Commodities

    Breadcrumb links BMN Business Rising food and energy prices are frustrating the Federal Reserve’s efforts to combat inflation. Article writer: Bloomberg News Bloomberg News Published May 30, 2024 • 7 minutes read You can save this article by registering for free here. Or log in if you have an account.…