Before the end of the session, oil continued to keep higher, up 2.8% at around $68.20. Let's review the production quota commitment figures for the current agreement before holding today's meetings: Let's start with the 13 OPEC member countries; I…
Continue ReadingStrong metal and oil prices supported shares of key commodities companies. Statistics indicated euro zone manufacturing activity expanded at a record pace in May, pushing European equities to new highs. After a holiday on Monday, the pan-European STOXX 600 index…
Continue ReadingOn Monday, world equities were on track to notch their fourth month of gains, but the greenback struggled widely ahead of a flood of European and American data this week that will provide a fuller view of the global economy's…
Continue ReadingOil prices ended up rising throughout Friday's trade, despite significant volatility that saw them increase at points and then fall back into the red region. After touching the $ 70 barrier in early trade and dropping into the red region…
Continue ReadingWith ElonMusk bouncing Bitcoin and the broader Crypto market around, Gold is suddenly looking like a much more stable store of value. It's up $20 to $1863. That's the best level since Feb 1 and extends a big pop from…
Continue Reading
