Oil was little changed after advancing last week, as traders weighed moves to crack down on Russian flows against forecasts for a surplus later in the year. Brent traded near $67 a barrel, after adding 2.3% last week, while West Texas Intermediate was below $63. US President Donald Trump reiterated calls that Europe must stop buying oil from…
Gold extended its rout to the lowest level in almost seven months amid hawkish signals on rates from the Federal Reserve and after a tumble in Treasuries intensified, pushing up yields. The plunge in bullion is relentless with the metal heading for a seventh straight day of declines, the longest losing streak since 2018. Benchmark US…
The silver market remains firmly focused on the fundamentals that support today’s high prices. Despite some corrections in recent days, the underlying structure of the silver market remains tight due to limited supply and continued rising demand from the industrial and investment sectors. Global physical silver stocks are expected to dwindle as new production is…
Harga minyak naik pada hari Rabu (27/9) disaat pengetatan pasar melebihi penguatan dolar dan sentimen penghindaran risiko (risk-off) yang lebih luas yang didorong oleh prospek suku bunga yang lebih tinggi. West Texas Intermediate naik mendekati $91 per barel setelah berakhir 0,8% lebih tinggi pada hari Selasa. Premi untuk barel jangka pendek AS mendekati level tertinggi…
Feb 20 2025, 14:25 (Hong Kong) Morgan Stanley strategists have shifted their stance on Chinese equities, moving from long-standing scepticism to cautious optimism. This notable pivot aligns with Wall Street peers, as expectations grow for a sustainable rally driven by advancements in artificial intelligence and regulatory reforms. The firm’s strategists, led by Laura Wang, now…
Mar 18 2025, 10:26 Hong Kong shares jumped 450 points or 1.9% to 24,597 on Tuesday morning deals, marking the second session of strong gains as all sectors advanced. The Hang Seng Tech Index climbed 2.8%, with investors focusing on upcoming tech earnings, including Xiaomi Corp. later today. WuXi AppTec Co. surged near 9% to…
