Markets

08.01.2024

Greenback steadies as stock markets face headwinds

The dollar was flat on Friday but set for a fifth consecutive week of gains in its longest winning streak for 15 months, buoyed by demand for safer assets on worries over China's economy and bets that U.S. interest rates will stay high.

The People's Bank of China (PBOC) set a...

The dollar was flat on Friday but set for a fifth consecutive week of gains in its longest winning streak for 15 months, buoyed by demand for safer assets on worries over China's economy and bets that U.S. interest rates will stay high.

The People's Bank of China (PBOC) set a...

08.01.2024

Brent up to just below $85/b barrier

Oil prices rose about 1% on Friday on signs of slowing U.S. output, but both crude benchmarks also ended their longest weekly rally of 2023 on mounting concerns about global demand growth.

West Texas Intermediate (WTI) crude futures gained 86 cents, or 1.1%, to settle at $81.25 a barrel, and Brent...

Oil prices rose about 1% on Friday on signs of slowing U.S. output, but both crude benchmarks also ended their longest weekly rally of 2023 on mounting concerns about global demand growth.

West Texas Intermediate (WTI) crude futures gained 86 cents, or 1.1%, to settle at $81.25 a barrel, and Brent...

08.01.2024

High winds, steady supplies subdue natural gas benchmarks

Dutch and British wholesale prompt contracts gained on Friday morning due to lower wind power generation, but prices along the curve eased amid uncertainty over the impact of potential strikes at Australian liquefied natural gas (LNG) facilities.

The British day-ahead contract rose by 3.00 pence to 83.00 p/therm at 0937 GMT,...

Dutch and British wholesale prompt contracts gained on Friday morning due to lower wind power generation, but prices along the curve eased amid uncertainty over the impact of potential strikes at Australian liquefied natural gas (LNG) facilities.

The British day-ahead contract rose by 3.00 pence to 83.00 p/therm at 0937 GMT,...

08.01.2024

Bullion rallies, stays on downside

Gold gained on Friday as the dollar and bond yields eased but remained on course for a third straight weekly dip as strong U.S. economic data reinforced bets that the Federal Reserve will keep interest rates elevated.

Spot gold was up 0.2% at $1,893.10 per ounce by 1208 GMT, after touching...

Gold gained on Friday as the dollar and bond yields eased but remained on course for a third straight weekly dip as strong U.S. economic data reinforced bets that the Federal Reserve will keep interest rates elevated.

Spot gold was up 0.2% at $1,893.10 per ounce by 1208 GMT, after touching...

21.11.2023

Communicating tubes: greenback up, stock markets down

The dollar rose on Friday after a slightly bigger increase in U.S. producer prices in July lifted Treasury yields higher even as speculation grows that the Federal Reserve is at the end of hiking interest rates.

Rebounding cost of services at the fastest pace in nearly a year pushed the...

The dollar rose on Friday after a slightly bigger increase in U.S. producer prices in July lifted Treasury yields higher even as speculation grows that the Federal Reserve is at the end of hiking interest rates.

Rebounding cost of services at the fastest pace in nearly a year pushed the...


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