Markets

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...

21.11.2023

Demand upgrade sends Brent rallying

Oil prices gained ground on Friday amid optimistic demand forecasts from the OPEC producer group and the International Energy Agency (IEA).

Brent crude was up 37 cents, or 0.4%, at $86.77 a barrel at 1413 GMT while U.S. West Texas Intermediate (WTI) crude futures were up 40 cents, or 0.5%, at...

Oil prices gained ground on Friday amid optimistic demand forecasts from the OPEC producer group and the International Energy Agency (IEA).

Brent crude was up 37 cents, or 0.4%, at $86.77 a barrel at 1413 GMT while U.S. West Texas Intermediate (WTI) crude futures were up 40 cents, or 0.5%, at...

21.11.2023

Natural gas benchmarks retreat as LNG supplies look secured

Dutch and British wholesale gas prices mostly fell on Friday morning as the prospect of strikes at Australian liquefied natural gas (LNG) facilities appeared to ease after companies involved began talks to avert industrial action.

The front-month Dutch contract fell by 3.13 euro to 36.72 euro per megawatt hour (MWh) by...

Dutch and British wholesale gas prices mostly fell on Friday morning as the prospect of strikes at Australian liquefied natural gas (LNG) facilities appeared to ease after companies involved began talks to avert industrial action.

The front-month Dutch contract fell by 3.13 euro to 36.72 euro per megawatt hour (MWh) by...

21.11.2023

LNG surges on EU-Asia rivalry view

Asian spot liquefied natural gas (LNG) prices inched up this week as the prospect of possible industrial action at Australian LNG facilities sparked fears it would fuel competition between Asian and European buyers for cargoes.

The average LNG price for September delivery into north-east Asia rose to $11.50 per million British...

Asian spot liquefied natural gas (LNG) prices inched up this week as the prospect of possible industrial action at Australian LNG facilities sparked fears it would fuel competition between Asian and European buyers for cargoes.

The average LNG price for September delivery into north-east Asia rose to $11.50 per million British...

21.11.2023

Bullion veers up amidst weekly dive

Gold prices on Friday were on track for their worst week in seven, hurt by an overall stronger dollar and elevated bond yields as investors digested the latest U.S. inflation numbers and awaited more economic data later in the day.

Spot gold was up 0.3% to $1,917.99 per ounce at 1135...

Gold prices on Friday were on track for their worst week in seven, hurt by an overall stronger dollar and elevated bond yields as investors digested the latest U.S. inflation numbers and awaited more economic data later in the day.

Spot gold was up 0.3% to $1,917.99 per ounce at 1135...


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