Commodities News (3rd Party)

Oil steady as virus fears counter positive factory data

Oil steady as virus fears counter positive factory data

Published 03/08/2020

LONDON (Reuters) - Oil prices steadied on Monday, pressured by rising COVID-19 cases around the globe and by oversupply worries as OPEC and its allies [more…]

Summer mood swings: markets turn higher on hopes of virus aid

Summer mood swings: markets turn higher on hopes of virus aid

Published 03/08/2020

LONDON (Reuters) - World stocks and the dollar rallied after a cautious European morning as thin summer trading led to sharp swings in the market, [more…]

Russia is raising oil output as OPEC+ cuts ease: source

Russia is raising oil output as OPEC+ cuts ease: source

Published 03/08/2020

MOSCOW (Reuters) - Russian oil and gas condensate output increased to 9.8 million barrels per day (bpd) on Aug. 1-2 from 9.37 million bpd in [more…]

U.S. stock funds shed $1.05 billion in week: Lipper

U.S. stock funds shed $1.05 billion in week: Lipper

Published 30/07/2020

(Reuters) - U.S.-based equity funds in the week ended Wednesday posted $1.05 billion in outflows, according to Lipper. Taxable bond funds attracted $9.37 billion, the [more…]

Oil up on weak dollar though U.S.-China tensions, virus weigh

Oil up on weak dollar though U.S.-China tensions, virus weigh

Published 27/07/2020

SINGAPORE/LONDON (Reuters) - Oil prices edged higher on Monday helped by a weak dollar and expected U.S. stimulus measures but gains were capped by rising [more…]

Gold roars to record high, dollar dives again

Gold roars to record high, dollar dives again

Published 27/07/2020

LONDON (Reuters) - Gold soared to an all-time high on worsening ties between the United States and China, a sinking dollar and ultra-low interest rates [more…]

Gold eyes $2,000 mark in speedy record-breaking run

Gold eyes $2,000 mark in speedy record-breaking run

Published 27/07/2020

LONDON/BENGALURU (Reuters) - Gold’s record rally is moving tantalisingly close to the psychologically key $2,000 level, powered by investors seeking cover from COVID-19’s global economic [more…]

As bankers return to the office, industry body warns of new risks of bad conduct

As bankers return to the office, industry body warns of new risks of bad conduct

Published 27/07/2020

LONDON (Reuters) - Returning to the office will bring new challenges for banks and brokerages seeking to enforce good conduct by staff, after the bulk [more…]

U.S. stock funds draw $3.3 billion in latest week: Lipper

U.S. stock funds draw $3.3 billion in latest week: Lipper

Published 23/07/2020

(Reuters) - U.S.-based stock funds in the week ended Wednesday saw $3.3 billion of inflows, according to Lipper. Taxable bond funds attracted $11.1 billion, the [more…]

Oil falls as virus infections rise, eyes on EU recovery plan

Oil falls as virus infections rise, eyes on EU recovery plan

Published 20/07/2020

LONDON (Reuters) - Oil prices fell on Monday as coronavirus cases increased in many countries across the globe, but investors remained cautiously optimistic about ongoing [more…]