Gold has fallen sharply after the latest US Non-Farm Payroll report showed 2.5 million jobs created in May , smashing expectations of an 8 million loss.
Crude Oil Prices Eye OPEC+ Meeting as US and China Demand Rises
Crude oil prices await the OPEC+ meeting where record output cuts could be prolonged as demand for energy from the US and China continues recovering. What could be the downside risks?
The Federal Reserve decision is Wednesday: Three things to watch for
The Fed has executed the pump; watch out for the dump
The Federal Reserve decision is on June 10 and it’s shaping up to be a bigger event than anticipated a week ago because of surprising strength in jobs and equity markets.
The Federal Reserve decision is on June 10 and it’s shaping up to be a bigger event than anticipated a week ago because of surprising strength in jobs and equity markets.
OPEC+ agrees to 1 month output cut extension
OPEC+ endorses one-month extension
OPEC+ agreed today to extend record oil production until the end of July.
Iraq had been holding up the deal but agreed to make up for overproduction in the previous period. Nigeria agreed to a similar proposal.
OPEC+ agreed today to extend record oil production until the end of July.
Iraq had been holding up the deal but agreed to make up for overproduction in the previous period. Nigeria agreed to a similar proposal.