Featured news
Crude Consolidation Continues As Market Awaits OPEC Actions
May 22, 2019 09:21 PM AEST| By Team Kalkine MediaBrent Crude oil prices are consolidating in the range from US$71.80 to US$73.60 from past three trading sessions amid the absence of significant events and wait-and-watch strategy adopted by the market participants ahead of OPEC meeting in June. The...
Gold’s Down Streak Continues For The Seventh Consecutive Trading Session
May 22, 2019 09:14 PM AEST| By Team Kalkine MediaGold prices remained stagnant during the morning session with a slight drop today in the international market over the absence of any price driving events. The benchmark gold spot traded in a narrow range of US$1272.57 to US$1275.34 during the day?s...
Iron Ore Prices Skyrocketing In The International Market Over Global Supply Concerns
May 22, 2019 09:10 PM AEST| By Team Kalkine MediaIron ore prices inched up further in the international market. The CME index rose significantly to mark another 52-week high, which in turn, denotes a continuous streak of new highs in the international market. The same benchmark settled at US$96.56...
Behemoth Australian Iron Ore Miners Revel Golden Cross-Over Amid Recent Bull Run In Iron Ore
May 21, 2019 10:04 PM AEST| By Team Kalkine MediaIron ore prices finally ended the streak of consecutive highs and traded with a slow momentum today. The Chicago Mercantile Exchange listed Iron ore 62% graded Index is trading at US$ 97.25 (as on 21st May 2019 AEST 3:29 PM), up by 0.87% as compared...
Australian Gold Leveraging The Dollar Bull; Domestic Currency Depreciates
May 21, 2019 09:32 PM AEST| By Team Kalkine MediaGold prices plunged as the dollar gained further strength from the recent outlook of the United States Federal Reserve.? The reiteration of previous remarks by the FOMC member and Vice-chair- Richard Clarida supported the dollar prices. The comments...
Iron Ore Scores 52-week High Hat-Trick In The International Market
May 20, 2019 11:55 PM AEST| By Team Kalkine MediaIron ore prices once again outperformed many commodities, and the prices rose significantly in the international market. The prices of the CME Index reached above US$97, which in turn, marked a third consecutive 52-week high. The prices first rose ti...
Dollar Bull Run Reins The Recent Gold Rush
May 20, 2019 11:07 PM AEST| By Team Kalkine MediaGold prices took a steep fall amid strength in dollar prices over the improved economic figures from the United States. The spot gold plunged from the level of US$1303.35 (Day?s high on 14th May 2019) to the present low of US$1274.83 (as on 20th May...
Steel – As A Countermeasure For Carbon Resilient Economies
May 19, 2019 08:45 AM AEST| By Team Kalkine MediaThe steel market has been witnessing a surge in demand with the prices zooming up in the international market. However, with high steel output, an underlining environmental concern often haunts the global economies, who are trying to curb the polluti...
EIA Turns Bullish On Crude Oil Amid Estimated Global Supply Shortage And Increase Demand
May 18, 2019 10:00 AM AEST| By Team Kalkine MediaCrude oil future prices further inched up in April 2019. The benchmark Brent Crude Futures settled at US$72.80 in April 2019, up by almost 6.45% as compared to the previous month close of US$68.39. The WTI Crude followed the same footprints, and the...
Gold Consolidation Continues On The Monthly Chart
May 17, 2019 10:27 PM AEST| By Team Kalkine MediaGold prices are hustling in the international market in the absence of any price sensitive event; the prices previously rose after the president of the United States Donal Trump raised the tariffs on the Chinese goods (worth $200 billion) from 10 to...
How Is Middle East Angst Pulling Up-Strings In The Oil Market?
May 17, 2019 06:53 PM AEST| By Team Kalkine MediaCrude oil prices are maintaining the uprise in the global market amid middle east concern and shortage in the United States Crude Inventory. The benchmark Brent Crude oil future rose from the level of US$69.72 (Day?s low on 13th May 2019) to the lev...
Bears In A Conundrum; Iron Ore Prices On A Second Consecutive 52-Week High
May 17, 2019 06:24 PM AEST| By Team Kalkine MediaIron ore prices are on a continuous bull run, and the prices further moved up from its previous 52-week high of US$95.99. The Chicago Mercantile Exchange iron ore is currently trading at US$97.10 (UTC -4 04:07:12), up by 1% as compared to its previou...
Iron Ore At Fresh 52-Week High; On A Bull Ride Amid Yuan Devaluation Against The Dollar
May 16, 2019 08:47 PM AEST| By Team Kalkine MediaIron ore prices made a 52-week high amid supply shortage and Yuan devaluation. The Chicago Mercantile Exchange 62% graded Fe reached the level of US$95.99 (as on 15th May 2019), up by 1.22% as compared to its previous close of US$94.82. The prices r...
What Provided Gold A Catalyst To Rise From $1160 Mark?
May 15, 2019 04:05 PM AEST| By Team Kalkine MediaThe international commodity market is in a beleaguer from the recently escalated U.S-China bilateral disagreement dispute, which is dragging down the prices of risky assets in the market. The prices of various commodities such as crude oil, base meta...
A lens Over Iron Ore Amidst Vale’s Recent Comments At Barcelona
May 14, 2019 11:59 PM AEST| By Team Kalkine MediaIron ore prices rose amid market estimation that the shackled Vale will take 2-3 years to get back to the average production level of 400 million tonnes a year. Vale has been in shackles over the Brumadinho Dam collapse in Brazil, which marked a sus...
Gold Continues The Uptick Amid Escalating Bilateral Disagreement And China’s Reprisal
May 14, 2019 11:52 PM AEST| By Team Kalkine MediaGold prices spiked sharply yesterday amid China?s retaliation against the tariff imposed by the United States on $200 billion worth of Chinese goods previously which jeopardized the U.S.-China trade talks. The gold prices rose from the level US$1282....
Attack On Saudi’s Oil Tanker Catapulted Black Gold Again In the Global Market
May 14, 2019 11:50 PM AEST| By Team Kalkine MediaCrude oil prices rose in the international market amid attack on the oil tanker of Saudi Arabia off the coast of the United Arab Emirates. The attack on oil tankers during the time of escalating trade tension between the United States and Iran suppo...
Australian Gold Rose Amid Dollar Leverage Over Cross-Pair Currencies
May 13, 2019 09:54 PM AEST| By Team Kalkine MediaGold upside rally halted in the international market amid speculative buy in the U.S. dollar. The Gold plunged from the level of US$1289.48 (Day?s high on 10th May 2019) to the present level of US$1283.07 (as on 13th May 2019, GMT-4 2:37 AM). The fa...
How Is The United States A Significant Contributor In The Recent Oil Spill?
May 12, 2019 10:15 AM AEST| By Team Kalkine MediaCrude oil prices are moving down recently, and the United States is the major contributor in the downtrend in oil prices. The United States is exerting pressure on crude oil prices in three different ways. First, the United States is buildin...
Crude Oil Recovers Post Inventory Decline In The United States
May 10, 2019 10:55 PM AEST| By Team Kalkine MediaThe selling pressure on Crude oil prices witnessed a respite amid decline in the United States crude stockpiles. The prices of Brent Crude oil surged from the level of US$69.30 (Day?s low on 6th May 2019) to the current high of US$71.58 (as on 10th...
Advertise your brand on Kalkine Media