by dellons | May 20, 2020 | Business News
Copper prices hit a two-month high overnight ahead of a Chinese government meeting this week expected to boost demand with pledges of higher spending on infrastructure, and on hopes for a global economic recovery. The Chinese government typically announces new plans...
by dellons | May 20, 2020 | Business News
Investors are likely to see gains in early trading on the Australian share market and will be hoping the main indexes can finish higher for a fifth consecutive day. The SPI 200 futures contract was higher by 36 points, or 0.65 per cent, to 5,064.0 at 0700 AEST on...
by dellons | May 19, 2020 | Business News
Asian shares have jumped and oil has extended gains on optimism the global economy would recover quickly following a successful early-stage trial of a coronavirus vaccine, while the euro hovered near a two-week top. MSCI’s broadest index of Asia Pacific shares...
by dellons | May 18, 2020 | Business News
Gold retreated overnight from a more than seven-year high, as stocks and oil surged on optimism surrounding the trial of a potential COVID-19 vaccine. Spot gold fell 0.7 per cent to $US1,728.72 per ounce by 1735 GMT, after hitting its highest value since October 2012...
by dellons | May 18, 2020 | Business News
Wall Street’s main indexes have surged as encouraging early data from a potential coronavirus vaccine trial boosted sentiment, with investors also counting on more stimulus to rescue the economy from a deep slowdown. Drugmaker Moderna said its experimental...
