Markets

17.02.2020

Greenback rides high on EU turmoil

The dollar hit a four-month high against the euro on Monday as concerns about the coronavirus boosted demand for safe havens, while a bullish outlook for the U.S. economy and weak data in the eurozone made the greenback relatively more attractive than the single currency.

People across China trickled back to...

The dollar hit a four-month high against the euro on Monday as concerns about the coronavirus boosted demand for safe havens, while a bullish outlook for the U.S. economy and weak data in the eurozone made the greenback relatively more attractive than the single currency.

People across China trickled back to...

17.02.2020

Brent edges down on uncertainty whether OPEC+ will hold

Oil prices dipped on Monday on weaker Chinese oil demand in the wake of the coronavirus outbreak and as traders waited to see if Russia would join other producers in seeking further output cuts.

Oil has dropped more than 20% from a peak in January after the spreading virus hit demand...

Oil prices dipped on Monday on weaker Chinese oil demand in the wake of the coronavirus outbreak and as traders waited to see if Russia would join other producers in seeking further output cuts.

Oil has dropped more than 20% from a peak in January after the spreading virus hit demand...

17.02.2020

LNG dumped in Europe, high winds bring North Sea region’s gas prices further down

British wholesale gas prices fell on Monday morning as continued high winds across the country led to expectations of strong wind power output and fears of weaker Chinese LNG demand due to the coronavirus weighed on prices.

The within-day contract was down 0.75 pence at 22.00 p/therm by 0926 GMT.

The day-ahead...

British wholesale gas prices fell on Monday morning as continued high winds across the country led to expectations of strong wind power output and fears of weaker Chinese LNG demand due to the coronavirus weighed on prices.

The within-day contract was down 0.75 pence at 22.00 p/therm by 0926 GMT.

The day-ahead...

17.02.2020

Preciouser and preciouser: bullion and peers hit new highs

Gold rose to a near one-week high on Monday as mounting concerns about the impact from China's coronavirus lifted the appeal of safe-haven assets, after the number of casualties exceeded 900. Spot gold rose 0.2% to $1,572.86 per ounce by 1053 GMT, having hit its highest since Feb. 4 at...

Gold rose to a near one-week high on Monday as mounting concerns about the impact from China's coronavirus lifted the appeal of safe-haven assets, after the number of casualties exceeded 900. Spot gold rose 0.2% to $1,572.86 per ounce by 1053 GMT, having hit its highest since Feb. 4 at...

17.02.2020

Dwindling supplies put non-ferrous base metals’ price settings on the rise

London base metals advanced on Monday on fears of a supply shortage in China, a major producer of base metals, where a coronavirus outbreak has killed over 900 people and threatened to disrupt the global supply chain.

Three-month copper on the London Metal Exchange (LME) rose 0.6% to $5,693.50 a tonne...

London base metals advanced on Monday on fears of a supply shortage in China, a major producer of base metals, where a coronavirus outbreak has killed over 900 people and threatened to disrupt the global supply chain.

Three-month copper on the London Metal Exchange (LME) rose 0.6% to $5,693.50 a tonne...


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