Tag: Concerns
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Gold Hit by Rising Yields, Copper Trims Losses on Supply Concerns
[ad_1] By Ambar Warrick Investing.com– Gold prices fell on Friday and were set to end the week lower as a spike in U.S. Treasury yields rattled markets, while copper prices trimmed some of their losses for the week after major commodity trader Trafigura warned of a severe shortage of the red metal. jumped 2.2% overnight and…
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Oil Ends Week in Choppy Mode on Recession vs Supply Concerns
[ad_1] By Barani Krishnan Investing.com — Oil bulls’ hopes for $100 a barrel may have to wait for now. The much-touted OPEC+ production cuts from two weeks ago took global crude benchmark Brent to less than $92 from triple-digit pricing, a level not seen since August. The long oil crowd has been hopeful since of…
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Volatility Swells with FX Markets Raising Systemic Concerns and Dow Enters ‘Bear Market’
[ad_1] Dow, GBPUSD, VIX, Dollar, EURUSD and Recession Talking Points: The Market Perspective: USDJPY Bearish Below 141.50; Gold Bearish Below 1,680 Seasonally, volatility has continued to climb into the 39th week of the year while SPX historically averages its worst loss – Monday seems to be living up to the norm For risk watchers, the…
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Oil Treads Water Amid Rate Hike Jitters, Demand Concerns
[ad_1] By Ambar Warrick Investing.com– Oil prices moved little on Tuesday as traders kept away from big bets ahead of a U.S. Federal Reserve meeting, while doubts over steady demand in the remainder of the year also weighed on trade. London-traded rose 0.1% to $91.84 a barrel, while U.S. crude fell 0.3% to $85.09 a barrel…
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Weekend weather concerns Northern California firefighters – Winnipeg Free Press
[ad_1] FORESTHILL, Calif. (AP) — A weekend weather system could hamper firefighters’ efforts in Northern California to battle the week-old blaze that’s become the largest in the state so far this year. The system is forecasted to bring colder temperatures and precipitation — from 1/4 inch (0.63 centimeters) to more than 1 inch (2.54 centimeters)…
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Oil Edges Lower as Demand Concerns, Russia Price Caps Take Focus
[ad_1] By Ambar Warrick Investing.com– Oil prices edged lower on Monday after a volatile week, as traders gauged concerns over slowing demand and U.S.-led price caps on Russian crude exports. London-traded fell 0.3% to $92.14 a barrel, while U.S. fell 0.9% to $86.05 a barrel by 20:18 ET (00:18 GMT). Both contracts settled slightly lower after…
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Crude Oil Higher on Dollar Weakness; Demand Concerns Grow
[ad_1] By Peter Nurse Investing.com — Oil prices rose Friday, helped by weakness in the U.S. dollar, but are still on course for their lowest weekly close in seven months on concerns of sluggish economic growth and China’s COVID woes weighing on global demand. By 09:20 ET (13:20 GMT), futures traded 2.8% higher at $85.91…
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Crude Oil Lower; Demand Destruction, Extra Supply Concerns Weigh
[ad_1] By Peter Nurse Investing.com — Oil prices fell Friday, on course for a weekly loss on mounting concerns about a global slowdown as well as a potential supply glut. By 09:25 ET (13:25 GMT), futures traded 0.6% lower at $89.95 a barrel, while the contract fell 0.9% to $95.72. Both benchmarks are on track…
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AUD/USD Stalls at 50-day SMA as APAC Markets Weigh Growth Concerns
[ad_1] Australian Dollar, AUD/USD, Earnings, Crude Oil, Technical Outlook – TALKING POINTS Asia-Pacific traders face a light economic calendar ahead of a busy week Crude oil prices rose as supply concerns outweigh economic growth woes AUD/USD prices stall at 50-day SMA as the post-wedge move continues Tuesday’s Asia-Pacific Outlook Asia-Pacific sentiment may sour after a…