Markets

13.04.2021

Greenback regains part of losses on US Treasury bond jump

The dollar edged higher against a basket of currencies on Friday, paring some of the week’s losses, as a stronger-than-expected rise in U.S. and Chinese inflation gauges drove up bond yields.

The U.S. Dollar Currency Index, which measures the greenback against a basket of six currencies, was 0.10% higher at 92.163.

“We’re...

The dollar edged higher against a basket of currencies on Friday, paring some of the week’s losses, as a stronger-than-expected rise in U.S. and Chinese inflation gauges drove up bond yields.

The U.S. Dollar Currency Index, which measures the greenback against a basket of six currencies, was 0.10% higher at 92.163.

“We’re...

13.04.2021

Stock markets keep riding high on macroeconomic resilience

The S&P 500 and the Dow notched record closing highs on Friday after solid U.S. inflation data and an uptick in Treasury yields suggested the economic recovery from the pandemic-related recession was gaining momentum.

"(It was) a fairly quiet Friday with low volume, a welcome change from 12 months ago," said...

The S&P 500 and the Dow notched record closing highs on Friday after solid U.S. inflation data and an uptick in Treasury yields suggested the economic recovery from the pandemic-related recession was gaining momentum.

"(It was) a fairly quiet Friday with low volume, a welcome change from 12 months ago," said...

13.04.2021

Brent dips below $63/b as output rises add to lockdown bullying

Oil prices settled lower on Friday and fell around 2% this week as production increases and renewed COVID-19 lockdowns in some countries offset optimism about a recovery in fuel demand.

Brent crude futures for June settled down 22 cents, or 0.4%, to $62.95. U.S. West Texas Intermediate (WTI) crude for May ended...

Oil prices settled lower on Friday and fell around 2% this week as production increases and renewed COVID-19 lockdowns in some countries offset optimism about a recovery in fuel demand.

Brent crude futures for June settled down 22 cents, or 0.4%, to $62.95. U.S. West Texas Intermediate (WTI) crude for May ended...

13.04.2021

Low winds push North Sea region’s natural gasprices up

British wholesale gas prices rose slightly on Friday as a forecast dip in wind power output increased gas demand from power stations and flows of liquefied natural gas (LNG) fell.

The within-day contract was up 0.50 pence at 53.25 p/therm by 0837 GMT. The day-ahead contract was up 0.60 p at...

British wholesale gas prices rose slightly on Friday as a forecast dip in wind power output increased gas demand from power stations and flows of liquefied natural gas (LNG) fell.

The within-day contract was up 0.50 pence at 53.25 p/therm by 0837 GMT. The day-ahead contract was up 0.60 p at...

13.04.2021

Bullion hangs between bulls and bears

Gold slipped more than 1% on Friday, weighed down by a jump in U.S. Treasury yields and a rebound in the dollar, but bullion was still on course for its first weekly gain in three weeks.

Spot gold fell 0.7% to $1,743.73 per ounce by 11:16 a.m. EDT (1516 GMT), after...

Gold slipped more than 1% on Friday, weighed down by a jump in U.S. Treasury yields and a rebound in the dollar, but bullion was still on course for its first weekly gain in three weeks.

Spot gold fell 0.7% to $1,743.73 per ounce by 11:16 a.m. EDT (1516 GMT), after...


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