by dellons | May 31, 2020 | Business News
Expectations of economic stimulus from top consumer China has spurred buying of copper, while mounting US-China tensions capped the upside. US President Donald Trump on Friday said his administration will begin to eliminate special treatment for Hong Kong in response...
by dellons | May 31, 2020 | Business News
Gold investors will continue examining the market reaction to US President Donald Trump’s response to a Chinese national security law for Hong Kong. Spot gold climbed 0.9 per cent to $US1,734.70 per ounce by 1744 GMT on Friday, before Trump said his...
by dellons | May 31, 2020 | Business News
US oil futures have closed out May with record monthly gains, on hopes that the US-China trade deal would remain intact and on falling crude production. West Texas Intermediate crude futures for July delivery settled at $US35.49 a barrel, jumping $US1.78, or 5.3 per...
by dellons | May 31, 2020 | Business News
Investors appear set to suffer losses at the start of the trading week in Australia as one economist wondered whether the market could consolidate after a string of gains. The SPI 200 futures contract was lower by 24 points, or 0.42 per cent, to 5,725.0 at 0700 AEST...
by dellons | May 31, 2020 | Business News
US stocks have finished mostly higher after President Donald Trump announced measures against China in response to new security legislation that were less threatening to the US economy than investors had feared. The Dow ended the session slightly lower, but all three...
