Markets

21.09.2020

Greenback resumes slide as COVID bug, US upper echelons’ disputes continue to feed concerns

The dollar slipped on Monday against its major peers, dropping to a two-week low versus the yen, as positive news about a COVID-19 vaccine and a wave of merger and acquisition deals lifted the mood in global equity markets. Investors also looked ahead to an event-packed week which includes a...

The dollar slipped on Monday against its major peers, dropping to a two-week low versus the yen, as positive news about a COVID-19 vaccine and a wave of merger and acquisition deals lifted the mood in global equity markets. Investors also looked ahead to an event-packed week which includes a...

21.09.2020

Global stock markets gain strength amidst bugs and drugs

World stocks nudged higher on Monday on hopes for a coronavirus vaccine after AstraZeneca resumed its phase-3 trial, but the gains were limited as caution prevailed before a host of central bank meetings this week.

Sterling, which has been hurt by renewed Brexit turmoil, firmed before a key vote on British...

World stocks nudged higher on Monday on hopes for a coronavirus vaccine after AstraZeneca resumed its phase-3 trial, but the gains were limited as caution prevailed before a host of central bank meetings this week.

Sterling, which has been hurt by renewed Brexit turmoil, firmed before a key vote on British...

21.09.2020

Brent retreats further below $40/b threshold

Oil prices slipped slightly on Monday amid concerns about a stalled global economic recovery and with Libya poised to resume production, and failed to get support from an impending storm which has disrupted U.S. oil output. Brent crude was down 35 cents, or 0.9%, at $39.48 a barrel while U.S....

Oil prices slipped slightly on Monday amid concerns about a stalled global economic recovery and with Libya poised to resume production, and failed to get support from an impending storm which has disrupted U.S. oil output. Brent crude was down 35 cents, or 0.9%, at $39.48 a barrel while U.S....

21.09.2020

Bulls get back to bullion as greenback shows no resilience

Gold jumped about 1% on Monday as the dollar weakened, while expectations around the U.S. Federal Reserve maintaining its dovish monetary policy this week further boosted the safe haven metal's allure.

Spot gold rose 0.9% at $1,959.64 per ounce by 11:20 a.m. EDT (1520 GMT). U.S. gold futures rose 1.1% to...

Gold jumped about 1% on Monday as the dollar weakened, while expectations around the U.S. Federal Reserve maintaining its dovish monetary policy this week further boosted the safe haven metal's allure.

Spot gold rose 0.9% at $1,959.64 per ounce by 11:20 a.m. EDT (1520 GMT). U.S. gold futures rose 1.1% to...

21.09.2020

Non-ferrous base metals markets upbeat on China demand

London copper held steady on Monday, underpinned by ongoing Chinese demand for the metal highly prized in construction and renewable energy, although a flurry of physical demand for the metal continued to ease.

London Metal Exchange copper traded up 0.1% at $6,748.50 a tonne by 0542 GMT, holding gains from the...

London copper held steady on Monday, underpinned by ongoing Chinese demand for the metal highly prized in construction and renewable energy, although a flurry of physical demand for the metal continued to ease.

London Metal Exchange copper traded up 0.1% at $6,748.50 a tonne by 0542 GMT, holding gains from the...


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