Commodities

Gold advanced in Asian trading on Friday, drawing support from haven demand as investors weighed a murkier U.S. economic outlook, even as fading bets on a Federal Reserve cut in December capped the rally. Spot prices rose 0.4% to $4,187.43/oz by 05:24 GMT, while December futures eased slightly to $4,190.75/oz. …

European equities edged lower on Friday, trimming a broadly positive week as investors digested softer global growth signals and a pared probability of another U.S. Federal Reserve rate cut this year. At 08:10 GMT, Germany’s DAX fell 0.4%, France’s CAC 40 0.5%, and the U.K.’s FTSE 100 1.1%. Even so, …

Crude prices surged in Asian trade Friday after reports that a Ukrainian drone strike damaged infrastructure at Novorossiysk, a key Russian Black Sea export hub, adding a fresh supply-risk premium just as markets brace for new U.S. sanctions on Moscow’s largest oil firms. At 03:03 GMT, Brent January futures rose …

Gold rose for a third session on Thursday as investors weighed the formal end of the United States’ record 43-day government shutdown against lingering uncertainty about the economic outlook and the Federal Reserve’s next move. At 12:55 GMT, spot gold was up 1.1% to $4,242.09/oz, while December futures added 0.8% …

Russian energy giant Lukoil is seeking an extension to a critical deadline imposed by the U.S. Treasury Department. According to sources familiar with the matter, the company has filed for a grace period extension beyond the November 21 cut-off, after which U.S. entities will be prohibited from engaging in transactions …

On Wednesday, the U.S. House of Representatives voted to advance a bill aimed at reopening the federal government, marking a significant step toward resolving the crisis that has halted government operations for 43 days.The legislation seeks to fund federal agencies and restore normal operations after the shutdown delayed key economic …

Global financial markets are holding a risk-on stance as investors anticipate a crucial vote in the US House of Representatives. The expected vote during the overnight session aims to pass a short-term funding solution to re-open the US government. This move is putting continued downward pressure on the US Dollar …

Gold continued its remarkable ascent on Wednesday, soaring to $4,189.27 per ounce, a gain of 1.52%, as investors sought safety and stability ahead of a critical vote in the U.S. Congress to end the nation’s record-long government shutdown. The surge underscores gold’s renewed appeal as both a safe-haven asset and …

Oil prices edged lower in Asian trading Wednesday, with fragile support from signs Washington is poised to end the longest U.S. government shutdown on record outweighed by persistent fears of a looming supply glut and a resilient dollar. By 01:21 GMT, Brent January futures were down 0.2% to $65.04/bbl, while …

European equities extended gains Wednesday, buoyed by signs Washington is close to ending the record U.S. government shutdown and by a steady stream of supportive corporate updates. By 08:10 GMT, Germany’s DAX rose 0.8%, France’s CAC 40 0.5%, and the U.K.’s FTSE 100 0.2%. Macro backdrop: shutdown optimism, cooler German …