Canadian stock index futures edged up on Monday, tracking global stock markets, as a drop in oil prices eased inflation worries and lifted investor sentiment.Futures tracking the S&P/TSX Composite index (SXFc1) were up 0.2% at 6:58 a.m. ET.FOR CANADIAN MARKETS NEWS, CLICK ON CODES:TSX market report…
The Indian government's latest attempt to revive the Gold Monetisation Scheme (GMS) is built around a simple premise: make it easier for households to deposit gold. But sources acknowledge that the scheme's biggest hurdle has never been convenience. it has been trust.The Centre is expected to unvei…
By Wayne Cole and Harry RobertsonEuropean stocks and U.S. futures ticked higher on Monday as the potential for increased energy supplies pulled down oil prices and promised relief from inflationary pressures, while investors awaited a crucial earnings season for the AI sector.While there were no ne…
By Pablo SinhaGold pulled back from a two-week high on Monday, as the dollar edged up from recent lows, though easing bets on U.S. interest rate hikes limited bullion's losses.Spot gold TVC:GOLD was down 0.2% at $4,165.21 per ounce, as of 0750 GMT, after hitting its highest since June 22 earlier in…
Goldman Sachs cut its aluminum price forecast, citing a faster-than-expected supply recovery in the Middle East. The bank now expects the global aluminum market to post a deficit of 100,000 metric tons in 2026, down sharply from its previous forecast of 720,000 tons, while raising its 2027 surplus…
By Pablo SinhaGold retreated after touching its highest level in two weeks on Monday as the U.S. dollar edged up from recent lows, though easing bets on Federal Reserve interest rate hikes limited bullion's losses.Spot gold TVC:GOLD was down 0.5% at $4,155.10 per ounce, as of 0627 GMT, after hittin…
By Pablo SinhaGold retreated after touching its highest level in two weeks on Monday as the U.S. dollar edged up from recent lows, though easing bets on Federal Reserve interest rate hikes limited bullion's losses.Spot gold TVC:GOLD was down 0.4% at $4,160.33 per ounce, as of 0451 GMT, after hittin…
By Pablo SinhaGold was steady near a two-week high on Monday after a softer-than-expected U.S. jobs report last week tempered expectations of interest rate hikes from the Federal Reserve.Spot gold TVC:GOLD was steady at $4,174.66 per ounce, as of 0252 GMT, after hitting its highest since June 22 ea…
* Prices are delayed.** Wang Tao is a Reuters market analyst for commodities and energy technicals. The views expressed are his own. His analyses are exclusively published on the Workspace platform - a London Stock Exchange product.No information in this analysis should be considered business, fina…
Gold edges higher in Asian trade. Softer U.S. jobs data and lower energy prices are likely leading investors to scale back Federal Reserve rate hike bets, says UOB's global economics and markets research team in a note. Nonyielding assets such as gold are typically weighed by a higher interest-rate…
Gold traded near $4,200 an ounce on Monday, holding onto last week’s gains as weaker-than-expected US jobs data and lower oil prices led traders to scale back expectations for Federal Reserve interest rate hikes.Oil prices edged lower as recovering energy flows through the Strait of Hormuz and the…
By Tharuniyaa Lakshmi and Fergal SmithCanada's main stock index rose on Friday to a two-week high, as gold and copper prices rose and metal mining shares led broad-based gains after expectations decreased for Federal Reserve interest rate hikes.The Toronto Stock Exchange's S&P/TSX composite index T…
JPMorgan said demand for gold from key sectors would not be as strong as it had expected, limiting the rise in gold prices this year to $4,300/oz in the third quarter and $4,500/oz in the fourth quarter.The bank said the risks to its forecast skew to the downside, given possible early interest rate…
Gold climbed to $4,170 per ounce on Friday, touching its highest level since June 23 and set for a 2% weekly gain after four consecutive weeks of declines, as weak US jobs data reduced expectations for a near-term Federal Reserve interest rate hike.US nonfarm payrolls increased by just 57,000 in Ju…
Futures tracking Canada's blue-chip stocks edged higher on Friday, supported by firmer gold prices after a weaker-than-expected U.S. jobs data tempered bets for a near-term Federal Reserve interest rate hike.September futures on the S&P/TSX index (SXFcv1) were up 0.1% at 6:23 a.m. ET (1023 GMT).FOR…
