Gold prices edge lower, look to give back much of their recent gains

Gold futures edged lower on Tuesday, set to relinquish much of the gains scored a day earlier, with the haven metal finding little reason to make any significant moves ahead of minutes this week from the Federal Reserve’s October monetary policy meeting.   Muted optimism for a partial U.S.-China...

Continue Reading

Oil heads for 2nd straight loss as report says Russia won’t push for deeper cuts at a key meeting

Oil futures were on track for consecutive losses on Tuesday amid reports that major oil exporter Russia wasn’t likely to advocate for deeper cuts during an important December meeting of influential global oil producers.   According to Reuters on Tuesday, citing people familiar, Russia would likely commit to extend...

Continue Reading

U.S. stocks climb to fresh records on revived hope for U.S. – China trade deal

U.S. stocks closed at fresh record highs on Friday on revived hopes for a U.S. – China trade deal despite mixed economic data.   The Dow hit 28,000 for the first time after posting a fourth straight week of gains, while the S&P500 index rallied for a sixth week,...

Continue Reading