by dellons | Jun 23, 2020 | Business News
Copper prices rose overnight after US President Donald Trump said a trade deal with China was “fully intact” and stronger-than-expected European and US data bolstered hopes of a rapid economic recovery. Benchmark copper on the London Metal Exchange was up...
by dellons | Jun 19, 2020 | Business News
US stocks have jumped about 1.0 per cent with the tech-heavy Nasdaq hovering near a fresh record high on hopes of a bounce back in post-pandemic economic activity, as investors shrugged off rising new COVID-19 cases in several US states. The Nasdaq opened above its...
by dellons | Jun 16, 2020 | Business News
Gold edged up overnight as concerns over a fresh coronavirus outbreak in China countered a surge on Wall Street driven by a record rise in US retail sales and optimism over a COVID-19 drug. Spot gold rose 0.09 per cent to $US1,726.17 per ounce by 1852 GMT. US gold...
by dellons | Jun 15, 2020 | Business News
Great gains are projected for the ASX early after US investors turned positive when the Federal Reserve revealed it will buy individual corporate bonds to help prop up the economy. The local SPI 200 futures contract was higher by 141 points, or 2.46 per cent, to...
by dellons | Jun 14, 2020 | Business News
Gold prices gained on Friday as investors bought the safe-haven metal as fears of a fresh wave of coronavirus cases added to the gloomy economic outlook from the US Federal Reserve. Spot gold rose 0.2 per cent to $US1,730.57 per ounce by 1810 GMT and has jumped about...
