Latest Updates Around The World
Euro zone government bond yields were mixed on Tuesday as investors remained cautious about a potential US-China trade deal and awaited central bank decisions later this week. China hopes the United States can meet halfway to “prepare for high-level interactions” between the two countries, Foreign Minister Wang Yi told U.S. Secretary of State Marco Rubio […]
While global markets are recovering on renewed optimism about potential trade progress between the US and China, questions remain about how sustainable this upward trend really is. The rise in US stock prices, largely driven by sentiment, comes ahead of the highly anticipated meeting between President Xi Jinping and President Donald Trump. In an exclusive […]
Copper prices hit their highest level in 17 months on Monday as signs of easing trade tensions between the world’s two largest economies – China and the US – showed and hopes of stronger growth and demand boosted buying. Benchmark copper on the London Metal Exchange traded 0.4% higher at $11,011 per tonne in official […]
Signs that the US and China were nearing a trade deal sparked a rally across asset markets, sending stocks, oil and copper higher, along with China-exposed currencies such as the Australian dollar. Government bonds and gold fell. Asian shares rose 0.8%, while shares in Japan and South Korea rose about 2%. Futures for the S&P […]
Gold and silver futures opened in the red on Wednesday, October 22, on the Multi Commodity Exchange (MCX), as easing trade tensions between the US and China presented investors with an attractive opportunity to book profits. The December gold futures contract opened at Rs 1,20,600 per 10 gram, down above Rs 7,000 or 6%, while […]
Oil prices rose higher for a second day on Wednesday, buoyed by sanctions-related supply risks, hopes for a US-China trade deal and news that the US is seeking oil to supply its strategic reserves. Brent crude futures rose 18 cents, or 0.29%, to $61.50 a barrel as of 0137 GMT, while U.S. West Texas Intermediate […]
