by dellons | Jun 25, 2020 | Business News
Copper prices pushed higher overnight, bucking the shift to safe-haven assets in other financial markets, as a surge in coronavirus cases fuelled worries about mine shutdowns and shortages. Unionised mine workers in Chile demanded an investigation into the death of a...
by dellons | Jun 25, 2020 | Business News
Oil prices rose about 2 per cent in a volatile session overnight, buoyed by signs of a marginal improvement in the US economy and a tepid rise in fuel demand, but price gains were limited by rising cases of COVID-19 in some US states. Brent crude rose 74 US cents, or...
by dellons | Jun 25, 2020 | Business News
Gold prices drifted sideways overnight as a surge in coronavirus cases and mounting economic tolls kept investors on edge, though the metal stepped back from last session’s more than 7-1/2-year high. Spot gold was little changed at $US1,762.11 per ounce as of...
by dellons | Jun 25, 2020 | Business News
Gains are likely to start the trading day on the share market after US regulators eased restrictions on banks’ complex trading and investment portfolios, helping investor enthusiasm. The Australian SPI 200 futures contract was up 70.0 points, or 1.21 per cent,...
by dellons | Jun 25, 2020 | Business News
US stocks have slipped following Wall Street’s worst day in two weeks, as investors were unnerved by an alarming rise in new coronavirus cases and an elevated level of weekly jobless claims number. Data showed about 1.48 million people in the US signed up for...