Category: News Group

Tin prices tumbled to below $35,000 per tonne, after reaching an all-time high at near $36,800 last week as tightness in the Chinese market could ease considerably as power limits restrict tin consumption. Guangdong and Jiangsu,...

WTI crude futures settled 1.5% higher at $75.45 a barrel on Monday, the highest level since July and extending gains for the fifth day amid supply concerns and prospects of higher demand. Disruptions in US Gulf Coast production...

Gold prices remained near $1750 an ounce on Monday, recovering slightly from a 6-week low of $1741 hit last Thursday, as uncertainty over the fate of debt-laden developer China Evergrande and its broader impact lifted the yellow...

Major bourses in the Asia Pacific region lacked direction on Friday, amid a continued money injection by the PBoC into China’s banking system and growing fears about the potential default of the cash-strapped developer...

WTI crude futures traded around $73.4 a barrel on Friday, the highest since August 2nd, and are on track to jump around 2% weekly, boosted by growing fuel demand and falling US crude inventories. EIA data showed US crude stocks...

Gold was up almost 1% to above $1,750 an ounce on Friday, after falling more than 1% in the previous session, and is on track to end little changed on the week. Investors’ risk appetite retreated after Evergrande missed a...

The dollar index was at 93.2 on Tuesday, near its strongest level since August 23rd, as investors were cautious ahead of US Federal Reserve’s policy meeting that ends Wednesday. Traders continue to await more clues on when...

WTI crude futures jumped nearly 1% to above $71 a barrel on Tuesday after sinking by 2% Monday. It is the first gain in three sessions, amid signs of US supply tightness. Royal Dutch Shell, the largest US Gulf of Mexico oil...

Asian shares were mixed on Tuesday following the global sell-off Monday due to contagion risks from debt trouble at China Evergrande. The Nikkei 225 sank 2.2% on its first trading day of the week as investors return from a...

Shares in Asia plunged on Monday, amid mounting concerns over the stability of global economic recovery due to the spread of the Delta variant. Recent US data painted a mixed scenario; while in China, the National Bureau of...

The dollar index strengthened for a 4th consecutive session to 93.3 on Monday, the strongest level since August 23rd, as investors were cautious ahead of the highly anticipated FOMC meeting later in the week. Traders continue to...

The euro depreciated towards $1.17 in late September, hovering around its weakest level since August 22nd, due to growing risk aversion amid prospects of slower global growth and expectations for a tapering signal from the US...