Category: Commodities
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China stimulus pushes global shares to new peak, boosts commodities By Reuters
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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…
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China stimulus pushes global shares to new peak, boosts commodities By Reuters
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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…
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Dip buyers continue to wade into equitie, commodities and crypto
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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…
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Another mixed session for commodities
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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…
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Traders Are Bracing for a Record-Smashing Summer That Will Roil Commodities
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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.…