me-metals: Gold remains on pace for its worst monthly performance in over a year despite rising for a fourth straight day, as the metal continues to recover from its heavy losses during the selloff driven by Donald Trump’s election win.
News ID: 11525 Publish Date : 2024/11/30
me-metals: Gold headed for the biggest weekly gain since March last year as an escalation in the Russia-Ukraine conflict boosted its haven appeal, with traders also assessing prospects for further easing by the Federal Reserve.
News ID: 11506 Publish Date : 2024/11/24
me-metals: The world’s largest gold-backed exchange traded fund recorded it biggest weekly outflow in more than two years last week as Donald Trump’s decisive election win prompted traders to book profits.
News ID: 11463 Publish Date : 2024/11/13
me-metals: The copper price plunged on (Wednesday November 6) as Donald Trump reclaimed the White House, with a surging dollar pressuring commodities. At the same time, traders weighed the ramifications of his views on trade, geopolitics, and the US economy.
News ID: 11438 Publish Date : 2024/11/07
me-metals: Mohamed El-Erian says that gold surging to a fresh record reflects how global financial institutions are deliberately diversifying away from the US dollar .
News ID: 11415 Publish Date : 2024/10/28
me-metals: Industrial metals declined as the dollar pushed higher, with traders digesting news that Chinese banks cut their benchmark lending rates as part of Beijing’s push to ensure its economy meets growth targets for this year.
News ID: 11394 Publish Date : 2024/10/22
Copper prices rose on Friday as a union at the world’s biggest copper mine, Chile’s Escondida, told workers to prepare for a strike, but gains were limited by a strengthening of the dollar after solid U.S. payrolls data.
News ID: 10270 Publish Date : 2021/08/07
Chief of Staff of the Iranian president held negotiations with Turkey and the Republic of Azerbaijan to remove the obstacles to resumption of trade ties in the face of the coronavirus outbreak.
News ID: 9330 Publish Date : 2020/05/05
Australian steel producer Bluescope Steel today withdrew its profit guidance for the second half of the 2019-20 fiscal year to 30 June because of the widening impact of the coronavirus pandemic that is affecting its global operations.
News ID: 8784 Publish Date : 2020/03/19
Declining U.S. interest rates and pressure on the U.S. dollar should keep boosting gold prices, said Credit Suisse.
News ID: 8597 Publish Date : 2020/03/06
Kwasi Amoako-Atta, The Minister of Roads and Highways, Ghana, announced that the epidemic of the deadly Coronavirus in China has pertained a blow to the multibillion- dollar bauxite-for-infrastructure deal.
News ID: 8540 Publish Date : 2020/03/02
Plunging apparent demand, driven by slight slippage in real appetite from the automotive supply chain, and a sharp increase in imports over the first quarter provided a bleak backdrop for European producers this year.
News ID: 8085 Publish Date : 2019/12/24
The managing director of Iran’s Jey Oil Refining Company said the company, the biggest exporter of bitumen in Iran and the Middle East, is exporting the product to 19 countries.
News ID: 7330 Publish Date : 2019/11/09
The gold price plunged in early morning trade on Thursday, in one of the worst trading sessions in dollar terms in gold market history.
News ID: 6347 Publish Date : 2019/09/06
Baghdad is resolute to preserve its trade and energy ties with Tehran with a plan to deposit several billions of US dollar s in an account in an Iraqi bank to pay for imports of energy from Iran, said Secretary of Iran-Iraq Joint Chamber of Commerce Seyed Hamid Hosseini.
News ID: 6175 Publish Date : 2019/08/26
Gold hit a six-year high on Friday as investors piled into the safe haven metal amid an escalating US-China trade war, and the prospects of a return to ultra-loose monetary policy by the Fed.
News ID: 6140 Publish Date : 2019/08/24
Tata Steel will be recalibrating its capital expenditure for the current financial year from INR 12,000 crore to INR 8,000 crore, the company’s CEO & Managing Director, T.V. Narendran, told mediapersons on the sidelines of the launch of its steel retail store ‘steeljunction’ in a new avatar, in Kolkata on Saturday.
News ID: 5989 Publish Date : 2019/08/17
China's first-half receipts of Russian thermal coal rose by 15pc from a year earlier to 9.4mn t, Chinese customs data show, with imports of bituminous coal registering the most significant growth. Russian suppliers benefited from restrictions on imports of Australian coal imposed by the Chinese government.
News ID: 5942 Publish Date : 2019/08/15
A strong dollar threatens to quell oil demand in emerging markets, and uncertainty shrouds next year's demand growth outlook
News ID: 5876 Publish Date : 2019/08/12
Caterpillar (NYSE: CAT), the world’s no.1 heavy machinery maker, posted on Wednesday disappointing earnings driven mainly by its construction division, the major contributor to earnings, in yet another sign of an ongoing slowdown in manufacturing and volatility in the energy sector.
News ID: 5454 Publish Date : 2019/07/24