Tag: commodities
Peak Recession Fears Bring Commodities Down To Earth
By Ole Hansen, Head of Commodity Strategy at Saxo Bank
The commodity sector remains under pressure from a whole host of negative developments. In early June,...
Asia Stocks Climb After Trade-Headline Whipsawing: Markets Wrap
(Bloomberg) -- Asian stocks climbed and the yen retreated after President Donald Trump said that the U.S.-China trade deal is intact, easing doubts sparked by...
Asia Stocks Drop as Rally Doubts Grow; Aussie Dips: Markets Wrap
(Bloomberg) -- Asian stocks retreated after Federal Reserve Chair Jerome Powell warned about economic risks and big-name investors fueled doubts about valuations. Treasuries added to...
Gold Nears Six-Year High as Mideast Tensions Spur Haven Demand
(Bloomberg) --Gold neared a six-year high after a U.S. airstrike killed one of Iran’s most powerful generals, ratcheting up tensions in the Middle East...
DMCC unveils the largest diamond trading floor in the world
The world’s largest diamond trading floor is now open for trading with the upgraded Dubai Diamond Exchange (DDE) auction facility being unveiled by DMCC...
Fujairah’s refined oil product stocks see eight-week high
Fujairah’s refined oil product stockpiles saw an eight-week high with a 10% jump to 21.253 million barrels in the week to Aug 12, Fujairah...
