Business news

Oil prices settle sharply lower on demand concerns after weak US job...
August 03, 2024 05:04 AM AEST | By InvestingInvesting.com-- Oil prices settled sharply lower Friday, succumbing to a fourth straight week of losses, as weak U.S. jobs data added to concerns that...

Oil prices rise but head for fourth week in red on demand concerns
August 02, 2024 12:08 PM AEST | By InvestingInvesting.com-- Oil prices rose in Asian trade on Friday but were headed for a fourth straight week of losses as concerns over slowing economic growth...

Oil prices settle lower as US growth jitters offset Middle East tens...
August 02, 2024 04:54 AM AEST | By InvestingInvesting.com-- Oil prices settled lower Thursday, giving up geopolitical-infused gains amid concerns about a slowing U.S. economic growth denting cru...

AUD/USD forecast: signal ahead of NFP data, RBA decision
August 02, 2024 03:15 AM AEST | By InvezzThe Australian dollar to USD (AUD/USD) exchange rate continued its sell-off on Thursday as focus shifted to Friday’s US non-farm payroll (NFP) data an...

Gold demand diverges, price outlook still Bullish: Citi
August 01, 2024 11:14 PM AEST | By InvestingInvesting.com -- Despite a mixed demand landscape, where official sector and OTC investments shine while China and jewelry markets lag, Citi Global Re...

Oil prices higher on Israel-Hamas fears, OPEC+ meeting in focus
August 01, 2024 10:42 PM AEST | By InvestingInvesting.com-- Oil prices rose Thursday, extending the previous session's sharp rebound on raised Middle East following the killing of a Hamas leader...

Gold prices keep record highs in sight as Fed talks rate cuts
August 01, 2024 03:40 PM AEST | By InvestingInvesting.com-- Gold prices steadied in Asian trade on Thursday after surging close to record highs in the prior session after the Federal Reserve fla...

Oil prices extend gains on Israel-Hamas fears, OPEC+ awaited
August 01, 2024 01:24 PM AEST | By InvestingInvesting.com-- Oil prices rose in Asian trade on Thursday, extending a sharp rebound from the prior session as the killing of Hamas’ leader in Iran k...

Oil prices jump on elevated Middle East tensions, larger draw in US...
August 01, 2024 04:36 AM AEST | By InvestingInvesting.com-- Oil prices rose sharply Wednesday as rising Middle East increased the potential for major disruptions to global supplies and a larger...

Gold prices rise past $2,400 with Fed, Middle East tensions in focus
July 31, 2024 03:40 PM AEST | By InvestingInvesting.com-- Gold prices rose in Asian trade on Wednesday, encouraged by a softer dollar as traders awaited more cues on interest rate cuts from th...

Oil prices surge over 1% on report of Hamas chief being killed in Ir...
July 31, 2024 01:38 PM AEST | By InvestingInvesting.com-- Oil prices rose sharply in Asian trade on Wednesday after reports said that Hamas leader Ismail Haniyeh was killed in by an Israeli st...

Oil prices rise as Israel retaliates against Hezbollah, US inventori...
July 31, 2024 11:30 AM AEST | By InvestingInvesting.com-- Oil prices rose in Asian trade on Wednesday, recovering a measure of recent losses as Israeli strikes against the Hezbollah group, in...

Oil prices settle lower as China concerns weigh; US inventory data i...
July 31, 2024 04:34 AM AEST | By InvestingInvesting.com -- Oil prices fell sharply Tuesday as concerns about demand growth in China, the world's largest crude importer, and fears about potenti...

Oil prices fall as Middle East fears ease, OPEC meeting due
July 30, 2024 10:36 PM AEST | By InvestingInvesting.com -- Oil prices fell to a near two-month low Tuesday on concerns about demand growth in China, the world's largest crude importer, while t...

Palladium outlook remains negative; targeting price drop to $900/oz:...
July 30, 2024 09:02 PM AEST | By InvestingInvesting.com -- UBS Global Research in a note dated Monday, has maintained a bearish stance on palladium, forecasting a price decline to $900/oz with...

Gold prices muted as Fed approaches; Copper near 4-mth low
July 30, 2024 03:18 PM AEST | By InvestingInvesting.com-- Gold prices rose slightly on Tuesday, steadying after a sharp drop in the prior session as anticipation of a Federal Reserve meeting a...

Oil prices dip below $80 as M.east fears ease, OPEC meeting awaited
July 30, 2024 12:04 PM AEST | By InvestingInvesting.com-- Oil prices fell to a near two-month low in Asian trade on Tuesday as a lack of immediate escalation in tensions between Israel and Hez...

Oil prices settle lower as Israel-Hezbollah tensions offset by suppl...
July 30, 2024 05:16 AM AEST | By InvestingInvesting.com-- Oil prices settled lower Monday, as concerns of weakening global demand and stronger non-OPEC output weighed on sentiment offset risin...

'Oil’s Bermuda triangle is nearing an end': Get ready for a breakout...
July 29, 2024 10:06 PM AEST | By InvestingInvesting.com -- Bank of America (BofA), in a note dated July 28, has issued a stark warning that the oil market is on the precipice of a dramatic bre...

Oil prices fall despite raised Israel-Hezbollah tensions
July 29, 2024 09:58 PM AEST | By InvestingInvesting.com-- Oil prices slipped lower Monday, with raised geopolitical tensions in the Middle East insufficient to overturn concerns of weakening g...