Business news

Palladium outlook remains negative; targeting price drop to $900/oz: UBS

Investing.com -- UBS Global Research in a note dated Monday, has maintained a bearish stance on palladium, forecasting a price decline to $900/oz within the next 12 months. The brokerage attributes th

Gold prices muted as Fed approaches; Copper near 4-mth low

Investing.com-- Gold prices rose slightly on Tuesday, steadying after a sharp drop in the prior session as anticipation of a Federal Reserve meeting and more cues on interest rates kept traders biased

Oil prices dip below $80 as M.east fears ease, OPEC meeting awaited

Investing.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 Hezbollah saw traders price out a risk premium from p

Oil prices settle lower as Israel-Hezbollah tensions offset by supply concerns

Investing.com-- Oil prices settled lower Monday, as concerns of weakening global demand and stronger non-OPEC output weighed on sentiment offset rising geopolitical tensions.

'Oil’s Bermuda triangle is nearing an end': Get ready for a breakout- BofA

Investing.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 breakout. After over a year of trading within a tight

Oil prices fall despite raised Israel-Hezbollah tensions

Investing.com-- Oil prices slipped lower Monday, with raised geopolitical tensions in the Middle East insufficient to overturn concerns of weakening global demand.

$9,000/mt is an attractive medium-term entry point for Copper: UBS

Investing.com -- Copper Copper Futures prices recently took a tumble, falling below $9,000/mt for the first time since April. This was driven by a combination of factors, including rising inventories,

UBS: Investors should stay long silver, further pullbacks should be short-lived

Investing.com -- UBS Global Research, in a note dated July 26, has maintained its positive stance on silver Silver Futures despite the recent sharp price decline, attributing the volatility to a combi

Gold prices rise to near $2,400 with focus on Fed, rate cuts

Investing.com-- Gold prices rose in Asian trade on Monday, recovering more ground from a rout through most of July as focus turned to an upcoming Federal Reserve meeting where the central bank is expe

Is the CBA Share Price Setting New Record Highs Once Again?

Highlights:,Record Highs:,The Commonwealth Bank of Australia (ASX: CBA) share price reached a new record high of $134.48, reflecting over a 27% increase in value over the past year, despite widespread analyst predictions of overvaluation and a potent...

Oil prices dip as demand jitters persist; US GDP impresses

Investing.com-- Oil prices fell sharply Thursday as concerns about demand growth grew, overshadowing healthy U.S. growth data.

Gold prices slide as safe haven plays favor yen; Copper losses deepen

Investing.com-- Gold prices fell in Asian trade on Thursday, seeing little safe haven demand despite increasing risk-off sentiment as traders rode a sharp appreciation in the Japanese yen.

Oil prices dip as demand jitters persist; US GDP, inflation awaited

Investing.com-- Oil prices fell in Asian trade on Thursday as sentiment towards top crude importer China showed little signs of improvement, while focus turned to upcoming U.S. growth and inflation re

Gold prices edge higher, copper nurses steep losses as China woes persist

Investing.com-- Gold prices rose in Asian trade on Wednesday, although gains were limited by strength in the dollar as uncertainty over the U.S. presidential race and anticipation of a Federal Reserve

Asia FX muted as dollar firms amid commodity rout, political uncertainty

Investing.com-- Most Asian currencies moved in a flat-to-low range on Wednesday, while the dollar firmed as a rout in commodity prices and persistent uncertainty over the U.S. presidential race kept t

Oil prices rise as US crude inventories unexpectedly shrink

Investing.com-- Oil prices rose in Asian trade on Wednesday, recovering mildly from recent losses as expectations of tight near-term markets were furthered by industry data showing a draw in U.S. inve

US oil futures rise from lows after API reports surprise decline in crude stocks

Crude Oil WTI Futures, the U.S. benchmark, traded at $77.28 a barrel following the report after settling 1.8% lower at $76.96 a barrel.

UBS: Brighter future for US natural gas despite congestion fears

Investing.com - According to a research note from UBS on Tuesday, temporary disruptions at export terminals and increased production have caused US natural gas prices to drop in recent weeks. This tre

Oil prices fell on Gaza peace expectations, weak outlook, surplus fears

Investing.com-- Oil prices slipped lower Tuesday, falling to their weakest levels since mid-June on growing expectations of a Gaza ceasefire as well as uncertainty over demand growth.

Goldman still bullish on gold, China underpinning demand outlook