Gold breaks three-day loss streak as Dollar falls from highs
Gold broke its three-day loss streak, seeing a modest half-percent gain as the Dollar lost steam from its record highs on Thursday.
The break in the safe-haven asset comes after a precipitous drop of more than $90, or nearly 5%, from Friday’s ...
Oil prices steady over COVID-19 uncertainties
Oil prices remained unchanged earlier on Friday but is expected for a weekly fall over concerns that a global resurgence of COVID-19 infections could hit fuel demand, with Libya also returning to add to the supply.
Brent crude fell by 2 cents, ...
Boohoo to review labor violations of its Leicester suppliers
On Friday, Boohoo (BOOH.L) stated that it would have an independent review of significant labor violations at its garment suppliers located in Leicester.
The United Kingdom-based online fashion retailer company said that it would look into ...
Asian shares rebound on tech rally, stimulus optimism
Asian share markets recovered on Friday. This could be attributed to a tech-driven rally on Wall Street backed by strong U.S. housing data. Moreover, investors were seen salvaging losses after a broad regional index recorded its biggest ...
Gold continues rout as Dollar rallies
Gold continued its descent earlier on Wednesday as the Dollar carried on with its rally.
Spot gold, which reflects real-time trades in bullion lost 2.1% ($39.64), trading at $1,860.62 per ounce by 3:12 PM ET (1512 GMT). It dipped to a record ...
Global shares slide amid fading economic recovery hopes
Global shares fell while the Dollar continued its gains earlier on Thursday as investor remained wary of another potential economic hit due to the COVID-19 pandemic, ahead of German sentiment data and speeches from officials from various central ...
Asian shares plunge as global recovery hopes dim
Asian share markets were seen subdued on Thursday. Shares across the region were posed to record their weakest session in two months as warnings from U.S. Federal Reserve officials underscored investors’ sentiment over the global economic ...
European shares hit low levels on global sell-off
European equities recorded a three-month low on Thursday. This could be attributed to a sell-off seen in global risk assets as the absence of a new U.S. stimulus package and the second wave of coronavirus infections dragged investors’ ...
Oil slides on fuel demand concerns amid coronavirus crisis
Oil futures slid on Thursday on fears that U.S. economic recovery is stalling as the coronavirus crisis lingers and a resurgence in European infections prompted new travel restrictions.
Market worries prompted a rally in the dollar as investors ...
Dow remains unchanged amid weak financial shares
The Dow remained mostly unchanged on Tuesday after it struggled to find direction after gains in tech stocks were offset amid weak financial stocks. Market sentiment was further dampened by a resurgence of COVID-19 cases globally as well as ...
Gold prices fall as U.S. housing data strengthens Dollar
Gold prices fell earlier on Wednesday in Asian markets after the Dollar found strength in cheery housing market data in the U.S. despite the growth in COVID-19 cases.
Gold futures lost 1.01%, trading at $1,888.04 per ounce at 12:46 PM ET (04:46 ...
Japan factory activity dwindles on weak output
September had seen Japan’s factory activity declining further as output weakened. This followed after the country struggled to maintain the economy’s recovery from the coronavirus crisis.
The au Jibun Bank Flash Japan Manufacturing ...
