Supreme dollar rules the roost in gold market

Gold is poised to fall for the second year running in 2022 as aggressive interest rate hikes from the Federal Reserve fuelled a dollar rally that challenged the precious metal's role as a safe place to park assets.

newspaper

30-12-2022

Oil ends year of wild price swings with 2nd straight annual gain

NEW YORK (Reuters) -Oil prices swung wildly in 2022, climbing on tight supplies amid the war in Ukraine, then sliding on weaker demand from top importer China and worries of an economic contraction, but closed the year on Friday with a second straight annual gain.

newspaper

30-12-2022

Oil up by $1/bbl, set to end 2022 with second straight annual gain

NEW YORK (Reuters) -Oil was on track for a second straight annual gain in a turbulent year marked by tight supplies following the war in Ukraine, weakening demand from the world's top crude importer China and fears over global economic contraction.

newspaper

30-12-2022

Oil set to end volatile 2022 with second annual gain

NEW YORK (Reuters) -Oil was on track for a second straight annual gain in a turbulent year marked by tight supplies following the war in Ukraine, weakening demand from the world's top crude importer China and growing fears over global economic growth.

newspaper

30-12-2022

New Fed research flags rising risk of U.S. recession

Just over half of the 50 U.S. states are exhibiting signs of slowing economic activity, breaching a key threshold that often signals a recession is in the offing, new research from the St. Louis Federal Reserve Bank report said.

newspaper

30-12-2022

Growth constraints to shackle industrial metals for a few more months

Industrial metals markets hoping for improving demand and a price rally may have to wait a few more months with the headwinds of slow growth likely to dominate the economic landscape for some time.

newspaper

30-12-2022

China regulator asks Futu and UP Fintech to stop soliciting mainland clients

SHANGHAI/HONG KONG (Reuters) -China's securities regulator said on Friday that online brokerages Futu Holding and UP Fintech Holding have conducted unlawful securities businesses, and will be banned from opening new accounts from mainland Chinese investors, sending their shares tumbling.

newspaper

30-12-2022

Oil set to end turbulent 2022 with second annual gain

LONDON (Reuters) -Oil rose on Friday and was on track for a second straight annual gain in a volatile year marked by tight supplies because of the Ukraine war and weakening demand from the world's top crude importer, China.

newspaper

30-12-2022

Oil set to close higher in 2022, a turbulent year marked by tight supplies

Oil prices edged up on Friday and were on track to post a second straight annual gain, albeit a meagre one, in a year marked by tight supplies due to the Ukraine conflict, a strong dollar and weak demand from the world's top crude importer China.

newspaper

30-12-2022