Gold Prices Edge Up Amid Worries Over Economic Growth, Renewed China-U.S. Tensions by www.expertcommodity.com Gold prices edged up on Friday in Asia as the safe-haven asset was supported by worries over economic growth and renewed China-U.S. tensions. Gold Futures for February delivery edged up 0.13% to $1,282.95 on the Comex exchange, while the U.S. dollar index , tracking the greenback against a basket of six currencies, weakened 0.01% to 97.38. The U.S. dollar index that tracks the greenback against a basket of other currencies slipped 0.1% to 95.917. Click Here: www.expertcommodity.com Citing three sources familiar with the matter, Experts reported that U.S. President Trump is considering to ban U.S. companies from using equipment made by China’s Huawei and ZTE (HK: 0763 ). The news came one day after Bloomberg reported that China and U.S. are set for a new round of trade talks in early January. Meanwhile, a measure of U.S. consumer...
www.expertcommodity.com call or whatsapp on-(9627214242) & (9759995554) Oil prices climbed for the first time in three days on Wednesday, but rising supply and fears over the outlook for demand amid the U.S.-China trade war kept pressure on the market. Brent crude futures had gained 52 cents, or 0.7 percent, to $76.43 a barrel by 0310 GMT. They fell 1.8 percent on Tuesday, at one point touching their lowest since Aug. 24 at$75.09 a barrel. U.S. West Texas Intermediate (WTI) crude futures advanced 29 cents, or 0.4 percent, to $66.47 a barrel on Wednesday. They dropped 1.3 percent the day before, after hitting their weakest since Aug. 17 at $65.33 a barrel. Both crude benchmarks have fallen about $10 a barrel from four-year highs reached in the first week of October, and are on track to post their worst monthly performance since July 2016. Oil has been caught in the global financial market slump this month, with equities under pressure from the trade scrap betwee...
Oil prices drop after jump the day before glut, economy concerns drag by www.expertcommodity.com Oil fell 1 percent on Thursday after soaring 8 percent in the previous session, as worries over a glut in crude supply and concerns over a faltering global economy pressured prices even as a stock market surge offered support. Brent crude oil futures were down 68 cents, or 1.25 percent, at $53.79 a barrel. They rose 8 percent to $54.47 a barrel the day before. U.S. West Texas Intermediate (WTI) crude futures fell 1.21 percent to $45.66 per barrel. They jumped 8.7 percent to $46.22 per barrel in the previous session. Both crude benchmarks are down roughly 40 percent from highs touched in October. Click Here: www.expertcommodity.com Global stocks rebounded on Wednesday after the Trump administration's attempt to shore up investor confidence and a report on strong U.S. holiday spending. Shim Hye-jin, a commodity analyst at Samsung (KS: ...
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