News & Analytic Centre

Oil Prices Struggle for Direction ahead of Supply Data

Oil futures traded near unchanged Wednesday after an industry group reported a rise in U.S. crude inventories ahead of official data and investors awaited a meeting of OPEC and its allies on production curbs. West Texas Intermediate crude for May delivery rose 3 cents, or less than 0.1, to 60.58 a barrel on the New York […]
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Gold Sees Muted Trade after ADPs Private Sector Jobs Report

Gold prices on Wednesday were trading on either side of unchanged in the final day of the month and quarter as investors parsed privatesector employment data ahead of a key jobs report due later this week. Commodity investors also were awaiting details on highly anticipated infrastructure plan from President Joe Biden, which could deliver another […]
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U.S. Pending Home Sales Fall more than Expected in February

WASHINGTON, March 31 Reuters Contracts to buy U.S. previously owned homes fell for a second straight month in February, signaling a cooling in the housing market in the months ahead as accelerating prices amid tight supply and rising mortgage rates reduce affordability. The National Association of Realtors NAR said on Wednesday its Pending Home Sales […]
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