Markets

25.10.2021

Dollar stagnant on ambiguous US Federal Reserve policy

The dollar pared losses onFriday after Federal Reserve Chairman Jerome Powell said the U.S. central bank should begin reducing its asset purchases soon, but should not yet raise interest rates.

Powell said employment is still too low and high inflation will likely abate next year as pressures from the COVID-19 pandemic...

The dollar pared losses onFriday after Federal Reserve Chairman Jerome Powell said the U.S. central bank should begin reducing its asset purchases soon, but should not yet raise interest rates.

Powell said employment is still too low and high inflation will likely abate next year as pressures from the COVID-19 pandemic...

25.10.2021

Brent posts momentary, weekly gains

Oil traded just below multi-year highs on Friday with bullish sentiment about low supplies tamped by concerns from world leaders that demand disruptions from the COVID-19 pandemic may not be over.

Brent crude futures rose 92 cents, or 1.1%, to settle at $85.53 a barrel. The benchmark, which touched a three-year...

Oil traded just below multi-year highs on Friday with bullish sentiment about low supplies tamped by concerns from world leaders that demand disruptions from the COVID-19 pandemic may not be over.

Brent crude futures rose 92 cents, or 1.1%, to settle at $85.53 a barrel. The benchmark, which touched a three-year...

25.10.2021

Sharp rise in demand pushes North Sea region’s natural gas prices up

British and European wholesale gas prices firmed on Friday morning, supported by forecasts of higher demand the next few days, with curve contracts mixed amid lingering supply uncertainty for this winter.

The British day-ahead price for gas gained 7 pence to 210.00 pence per therm by 0912 GMT.

The TTF equivalent was...

British and European wholesale gas prices firmed on Friday morning, supported by forecasts of higher demand the next few days, with curve contracts mixed amid lingering supply uncertainty for this winter.

The British day-ahead price for gas gained 7 pence to 210.00 pence per therm by 0912 GMT.

The TTF equivalent was...

25.10.2021

Bullion up, silver peaks on US monetary blur

Gold prices more than halved their session gains on Friday after U.S. Federal Reserve Chair Jerome Powell said he expected inflation to ease next year and that the U.S. central bank was on track to begin winding down its stimulus.

Spot gold was up 0.6% at $1,793.82 per ounce by 1:41...

Gold prices more than halved their session gains on Friday after U.S. Federal Reserve Chair Jerome Powell said he expected inflation to ease next year and that the U.S. central bank was on track to begin winding down its stimulus.

Spot gold was up 0.6% at $1,793.82 per ounce by 1:41...

25.10.2021

Bulls get back on base metal markets as supply concerns return

Copper prices bounced on Friday on renewed worries about scarce supplies and as the dollar weakened.

Three-month copper on the London Metal Exchange was up 0.9% at $9,915 a tonne by 1000 GMT, after dropping by 3.5% in the previous session.

Metals prices slid on Thursday, partly due to intervention by China to...

Copper prices bounced on Friday on renewed worries about scarce supplies and as the dollar weakened.

Three-month copper on the London Metal Exchange was up 0.9% at $9,915 a tonne by 1000 GMT, after dropping by 3.5% in the previous session.

Metals prices slid on Thursday, partly due to intervention by China to...


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