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BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - The pre-market trend on the U.S.Futures Index suggests that Wall Street might open positive on Friday.Asian shares climbed higher, while European shares are ....
WASHINGTON (dpa-AFX) - Following the rebound seen in the previous session, stocks are likely to see further upside in early trading on Friday. The major index futures are currently pointing to ....
Iron Ore Drops as China Flags More Curbs Amid Broader Sell-Off May 20 2021, 11:17 AM May 20 2021, 6:44 AM May 20 2021, 11:17 AM (Bloomberg) Iron ore fell back below $200 a ton as China intensified efforts to rein in surging raw material prices, while growing concerns about inflation sparked a broad retreat across energy and commodity markets. (Bloomberg) Iron ore fell back below $200 a ton as China intensified efforts to rein in surging raw material prices, while growing concerns about inflation sparked a broad retreat across energy and commodity markets. Traders were spooked after Chinaâs cabinet Wednesday called for tougher oversight of commodity markets and protection for consumers from soaring prices. Markets fell under the weight of inflation fears and concerns about the global economic recovery, threatening a rally that drove raw materials to a nine-year high last week. ....
Thursday, 5/20/2021 14:36 GOLD TRADING in London s wholesale bullion market saw prices stay above $1870 per ounce on Thursday, holding a gain of 1.7% for the week so far as world stock markets, commodities and cryptocurrencies rallied from yesterday s steep losses.
Major government bond prices also clipped their losses, edging longer-term interest rates back down after the release of notes from the Federal Reserve s April meeting showed policymakers agreeing that the jobless rate is elevated and inflation expectations remain well anchored , meaning there is no need to begin signalling any rise in interest rates or slowdown of QE asset purchases at present.
Gold is clearly benefiting from a wave of re-balancing, says the precious metals team at French bank and London bullion market maker BNP Paribas, out of alternative assets and into the safer bounds of a traditional yet ....
Marketline Report for Wednesday, May 19th Wednesday May 19th, 2021 This is Bob Larson with the Market Line Report for Wednesday, May 19th. Corn planting reaches near record levels, but still off slightly. From the floor of the CME in Chicago, here’s Scott Shellady. SHELLADY … “First of all, let’s get the planting numbers out of the way. Corn planting are 80% complete. I mean, we were looking for around 84%, but still that’s close to a record pace. I think emergence may be a concern in many areas in the south and eastern Corn Belt but the wetness is now starting to creep in a little bit and I think maybe that could of maybe stemmed the tide a little bit today, no pun intended. I mean, we were up about a percent today, six and a bit, pennies. Just keep in mind that we’re off to a record, close to a record start but I think that right now we also do have some wetness concerns.” ....