Toronto index set for best monthly gain in five On Thursday, Canada's commodity-heavy main stock index set a new high and was on track for its best monthly performance in five years, as gold prices rose, lifting precious metal miners.…
Continue ReadingGold prices increased on Thursday, although the safe-haven metal is poised to post its biggest quarterly gain since September 2020. The war between Russia and Ukraine - which erupted on February 24 last - led to a decline in the…
Continue ReadingOil prices fell by about 5% during trading today, Thursday, after news that the United States intends to free up to 180 million barrels of its strategic oil reserves, which is the largest in the history of the strategic oil…
Continue ReadingOil prices extended their gains to more than 7% during Thursday's trading, with US crude breaking the $102 per barrel barrier, amid fears of a supply shortage. Crude's performance follows warnings from the International Energy Agency that markets could lose…
Continue ReadingEuropean Forex news roundup: Dollar weakens, pound rises alongside BOE The market had some mixed tones in the session as we continue to digest the post-Fed sentiment, while Russia-Ukraine talks are also ongoing. The dollar has yet to really take…
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