News & Analytic Centre

Gold Prices Retreat to Start HolidayShortened Week

Gold futures on Monday were trading lower, under pressure despite a decline in U.S. stocks and as the the dollar remained firm to start a holidayshortened week. A stronger U.S. dollar index recently remains a negative element for the metals markets, wrote Jim Wyckoff, senior analyst at Kitco.com. Gold for April delivery was off 10.30, or […]
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Japanese Shares Rise on Economic Recovery Hopes

TOKYO, March 29 Reuters Japanese shares rose on Monday, lifted by optimism around corporate earnings and U.S. economic recovery, while Nomura Holdings fell the most in a decade after it flagged a potential 2 billion loss. The Nikkei share average advanced 0.81 to 29,412.24 by 0144 GMT, while the broader Topix rose 0.49 to 1,993.93. […]
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Oil Prices Hit by Wave of Hedge Fund ProfitTaking Kemp

Fund managers sold petroleum last week at the fastest rate since successful coronavirus vaccines were announced in November, as a resurgence of infections and a loss of upward price momentum triggered profittaking. Hedge funds and other money managers sold the equivalent of 88 million barrels of petroleum futures and options in the week to March […]
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Spains 2020 Budget Deficit Rises just above 10 of GDP

Spains budget deficit spiked to eightyear highs last year after social spending increased and tax revenue plunged due to restrictions imposed to tame the COVID19 pandemic, but the gap ended below the governments forecast. Budget Minister Maria Jesus Montero told a news conference on Monday the deficit widened to the equivalent of 10.09 of gross […]
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