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Market Update

Gold Settles, Focus on Powell’s speech

Gold prices settled on Wednesday, as concerns about the global economic outlook eased pressure from the progress in us-china trade agreement negotiations between, while investors awaited a speech from US Federal Reserve Chairman Jerome Powell. The spot of gold at 1919.71 dollars an ounce, down by 0.44%, while metal futures …

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Moody’s: India’s GDP to Contract 3.1% in 2020

In its latest Global Macro Outlook published on Tuesday, Moody’s Investors Service said India’s economic recovery will face a tough path amid adverse real economy and bank weakness. In its latest Global Macro Outlook published on Tuesday, Moody’s Investors Service said India’s economic recovery will face a tough path amid …

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Gold Fell as Dollar Rose, Fed in Spotlight

Gold fell on Wednesday, August 25, as the dollar rose, while investors awaiting a speech by Jerome Powell, President of the US Federal Reserve, to obtain indications about the monetary strategy, but concerns about the global economy, which is hit by the Coronavirus pandemic, kept prices above the level of …

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Natural Gas Futures

CME Group’s preliminary readings for Natural Gas futures markets noted open interest shrunk by almost 4.5K contracts on Tuesday, reaching the second drop in a row at the same time. Volume, in the same direction, went down for the second consecutive session, now by nearly 44.8K contracts.

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