News & Analytic Centre

Oil Mixed Even as Data Points to Strong Rebound for Demand

Oil futures were trying for a fifth straight gain Friday but were presently seeing lackluster trade as investors weighed a strong economic report from China against evidence of cases of COVID rising in parts of the world, threatening a fitful recovery from the demandsapping pandemic. The energy markets have so far been buttressed by monthly […]
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Copper Heads for Biggest Weekly Gain Since February

LONDON, April 16 Reuters Copper was on track for its biggest weekly rise in two months on Friday after solid U.S. and Chinese economic data pushed global stock markets to near record highs and several investment banks predicted higher prices for the metal. However the numbers from China, the biggest consumer of metals, were a […]
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Gold Prices Rise, Head for Best Weekly Gain in a Month

Gold futures headed higher Friday morning for a second straight day, putting bullion on track for the sharpest weekly rise in about a month. The precious metal was benefiting from benchmark bond yields receding, weakness in the U.S. dollar, and a pullback in bitcoin, one of the assets seen competing against safe haven gold. June gold was trading […]
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Russian Rouble Claws Back Ground Lost after U.S. Sanctions

MOSCOW, April 16 Reuters The rouble strengthened past 76 versus the dollar on Friday, clawing back losses sustained in the previous session when the United States announced fresh sanctions against Moscow, including curbs to Russias sovereign debt. By 1147 GMT, the rouble was 0.5 stronger against the dollar at 75.93, earlier gaining over 1 to […]
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