Gold prices rose on Thursday for the second consecutive session, ahead of the Christmas holiday. On a weekly basis, the yellow metal futures registered its first fall in four weeks, after three rises in a row. Gold futures for February delivery gained $5.10, or 0.3%, and closed at the level …

The New York Stock Exchange (NYSE) opened Thursday higher with the major indices of Wall Street maintaining a positive performance ahead of the Christmas Holiday. The Dow Jones Industrial Average is marginally up by 18.4 points, or 0.06%. The S&P 500 rose by 6.66 points, or 0.18%, reaching 3,696 points. …

European stocks closed Thursday higher for the third consecutive session, supported by hopes for a Brexit trade deal between the European Union (EU) and the United Kingdom (UK). The STOXX Europe 600 index rose by 1.30% to finish at 396.32 points. Meanwhile, the UK’s FTSE100 and France CAC40 added 0.10% …

Oil prices rose on Wednesday, showing positive recovery signs after two consecutive declines, supported by a decline in crude inventories in the United States. In addition, the decline of the US Dollar (USD) and renewed hopes for a Brexit trade deal are providing support for crude prices. Brent crude futures …

After two consecutive declines this week, gold prices rose on Wednesday, supported by a decline by the US Dollar (USD) on the back of mixed economic data. Gold futures for February delivery rose by $7.80, or 0.4%, to finish at $1,878.10 per ounce. Meanwhile, Silver futures for March delivery added …

Natural gas storage in the United States declined last week by 152 billion standard cubic feet (bscf) to stand at a total of 3,574 bscf, declining by around 4.1%, according to data by the U.S. Energy Information Administration (EIA) on Wednesday. On an annual basis, natural gas inventories rose by …

Crude oil inventories in the United States declined by 600,000 barrels last week, as shown by the data of the US Energy Information Administration (EIA) on Wednesday. Meanwhile, gasoline inventories declined by 1.1 million barrels, and distillate stockpiles fell by 2.3 million barrels.

The United States consumer sentiment index, issued by the University of Michigan, declined to 80.7 in December from an initial reading of 81.4 earlier this month. It is worth noting that in November the index registered 76.9 points. The current conditions index increased to 90 from 87 last month. The …

A Brexit trade deal could be imminent, with just eight days left until the end of the transition period, Reuters reported citing a senior European diplomat on Wednesday. However, according to another European diplomat, a no-deal Brexit remains a possibility. The European Union (EU) is reportedly making a final push, …

New home sales in the United States declined during the month of November, data by the US Department of Commerce showed on Wednesday. New home sales decreased by 11% to a seasonally adjusted annual rate of 841,000 units last month. The October reading was revised to 945,000 units from a …