News
Tariff Waves Drag Down Oil In The International Market
June 03, 2019 11:45 PM AEST| By Team Kalkine MediaCrude oil prices are tumbling in the international market as the trade tariff of the United States extended its reach to Mexico and India, post-China. The Benchmark Crude futures (LCO) plunged significantly from the level of US$70.59 (Day?s high on...
Market Update:Dow Jones Industrial Average Got Ended In Red. US President Announces Intention of Tariffs on Mexico
June 03, 2019 07:15 PM AEST| By Team Kalkine MediaThe global markets are very sensitive to the macro-economic factors and a rise in economic uncertainties have the potential to disrupt the global growth momentum. In the present scenario, it can be said that the markets are reacting mostly to the ann...
China’s Steel build-Up Drags Iron Ore Down In The International Market
June 03, 2019 05:56 PM AEST| By Team Kalkine MediaIron ore markets traded lower on Friday (31st May 2019) with prices of iron ore settling 1.36 per cent lower on Dalian Commodity Exchange at RMB 727.00 as compared to its previous settlement of RMB 739.00. The prices lost value for the fourth consec...
Gold Soars As Trump’s Tweet Takes A Stroll Over Mexico
June 03, 2019 05:49 PM AEST| By Team Kalkine MediaGold prices soared in the international market over strengthening trade dispute of the United States with Mexico and China. The Gold Spot rose from the level of US$ 1275.11 (Day?s low on 30th May 2019) to the present high of US$ 1312.85 (as on 03rd...
Corn breaks consolidation; reaches around US$400 over projected high consumption
June 01, 2019 08:45 AM AEST| By Team Kalkine MediaCorn prices in the United States have improved substantially amid high consumption projections. The prices of U.S. Corn Futures (ZC) inched up from the level of US$335.50 (Day?s low on 13th May 2019) to the present level of US$414.62 (as on 28th May...
Gold Prices Inched Up As Trump’s Tariff Roar Reaches Mexico
May 31, 2019 11:39 PM AEST| By Team Kalkine MediaSpot gold rose from the level of US$ 1275.11 (Day?s low on 30th May 2019) to the present level of US$ 1292.64 (as on 31st May 2019 AEST 4:16 PM). After a recent tariff hike on US$ 200 billion worth of Chinese goods from 10 per cent to 25 per cent, t...
Market Update: Dow Jones Ended In Green. Should Global Investors Be Relaxed?
May 31, 2019 08:34 PM AEST| By Team Kalkine MediaAs the market players are aware, the global stock markets are very sensitive to the economic uncertainties and a rise in the tensions might derail the prospects of global growth. In the present scenario, it can be said that the US stock markets are g...
Crude Oil Posted The Highest Monthly Loss Post Four Months Consecutive Gains
May 31, 2019 05:01 PM AEST| By Team Kalkine MediaCrude oil prices posted its highest monthly loss in May 2019 after a continuous four-month rise. The prices of ICE benchmark Crude Oil Futures dropped from the level of US$ 75.60 (Day?s high on 25th April 2019) to the present level of US$ 65.55 (as o...
Iron Ore Prices Tumble As Manufacturing And Steel Downstream Daunts The Market
May 31, 2019 03:20 PM AEST| By Team Kalkine MediaIron ore prices tumbled in China as steel manufacturing activities declined for May 2019. The Chinese benchmark of 62% graded iron ore index dropped by 1.47% to settle at RMB 737.00 (as on 30th May 2019). (I1909) (DCIOU9)- September series (Source:...
Technical Outlook On The Australian Gold Prices
May 30, 2019 11:25 PM AEST| By Team Kalkine MediaGold prices in Australia are losing the shine amidst appreciated domestic currency. The dollar prices are dipping in the international market, providing support to the cross-currency pair of AUD-USD, which in a cascade is exerting pressure on gold pr...
Iron Ore Prices Inched Up; Aussie Miners Showed Mixed Response On ASX
May 30, 2019 11:15 PM AEST| By Team Kalkine MediaThe iron ore prices inched up today after few Chinese mills rushed up to take advantage of the previous drop in steelmaking raw material price. The 62% graded iron ore on Chicago Mercantile Exchange rose 0.21% to trade at US$ 98.59 (as on 30th May 2...
Market Update:Trade Worries Weighing Over Investors’ Sentiments. Dow Jones Finishes In Red
May 30, 2019 08:15 PM AEST| By Team Kalkine MediaIt can be said that the global investors are getting worried about the trade battle between the US and China as these worries can act as a primary reason for global economic slowdown. The disturbances in the global economic environment can severely i...
How Is The Needle Moving On Safe Haven?
May 29, 2019 10:18 PM AEST| By Team Kalkine MediaGold prices are tumbling in the international market; the prices of Gold Spot plunged from the level of US$ 1346.79 (Day?s high on 20th February 2019) to the level of US$ 1266.35 (2nd May 2019). The prices fell in the international market previously...
Iron Ore Bull Run Halts; Rio Hovers Around Its New 52-Week High
May 29, 2019 10:05 PM AEST| By Team Kalkine MediaIron ore rally halted after a steep rise in prices on 28th May 2019. The prices in China marked a slight decline, with Dalian Commodity Exchange iron ore 62% graded index slipped slightly by 0.59% from its previous close, settling at RMB 756.50 (as o...
Crude Oil Jolted As Pessimism Over U.S-China Trade War Prevails
May 29, 2019 09:55 PM AEST| By Team Kalkine MediaCrude oil prices are moving down in the global market amid building pessimism among market participants over a global economic slowdown in the wake of re-escalated U.S-China trade war. The Brent Crude plunged from the level of US$75.72 (Day?s high on...
Market Update: Dow Jones Ended In Red. Trade War Concerns Weigh Over Investors’ Sentiments
May 29, 2019 07:01 PM AEST| By Team Kalkine MediaIt can be said that the fears about the global slowdown are impacting the sentiments of the market players and these fears are also influencing the momentum of the stock markets. The news about the US and China trade battle needs to be tracked by the...
Market Update: Dow Jones Might Get Influenced By Macro-Factors Trade Battle
May 28, 2019 08:31 PM AEST| By Team Kalkine MediaIt can be said that the global market players are presently tracking the news related to the trade battle between the US and China as these geopolitical factors have the potential to affect the global stock markets. The trade battle could significant...
Australian Iron Ore Miners Leveraging Over Towering Iron Ore Prices
May 28, 2019 08:26 PM AEST| By Team Kalkine MediaAustralian iron ore miners are likely to enjoy the leverage due to high prices of the steelmaking raw material in the international market, amid supply shortage and strong demand. The supply disruption started when Brumadinho dam collapsed in Brazil...
Market Update: Dow Jones Ended In Green. What Global Market Players Should Know?
May 27, 2019 06:26 PM AEST| By Team Kalkine MediaAs the market players are aware, the performance of global markets are sensitive to the macro-economic variables and to the news related to the US and China trade battle. However, it can be said that, in the present scenario, the market players shoul...
Woodside And Beach Face The Heat Of First Red Zone In Crude Oil In Four Months
May 24, 2019 09:34 PM AEST| By Team Kalkine MediaCrude oil prices jolted in the market amid inventory gain in the United States. The Brent Crude Oil Spot dropped from the level of US$71.11 (Day?s high on 23rd May 2019) to the present level of US$68.06 (as on 24th May 2019 AEST 7:28 PM). The factor...
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