By Anushree Ashish Mukherjee (Reuters) - Gold prices extended their record run on Tuesday, holding firm above the key $2,500 level, driven by a weaker dollar and growing investor confidence that the Federal Reserve will likely cut interest…
Investing.com -- Oil prices gave up gains to trade lower Tuesday, as tentative progress towards an Israel-Hamas ceasefire cooled expectations about supply disruptions in the oil-rich Middle East.At 14:00 ET (18:00 GMT), fell 0.6% to…
Good morning. It is really a pleasure to join you here in Alaska.1 Getting outside of Washington, D.C. and hearing about the unique issues that affect Alaskans provides…
By Sabrina Valle (Reuters) - An arbitration panel that will decide a high-profile clash between Exxon Mobil (NYSE:) and Chevron (NYSE:) will delve into the secret value of Hess (NYSE:)' oil riches in Guyana, four people familiar with…
Investing.com -- Gold prices rose Tuesday, climbing to new record highs, helped by dollar weakness as traders grew more convinced that the Federal Reserve will begin cutting interest rates in September. At 08:15 ET (12:15 GMT), …
Investing.com -- UBS Global Research has maintained a cautiously optimistic outlook on , with a target price of $1,100/oz by mid-2025 in a note dated Monday. The note mentions that while the market conditions are currently challenging,…
Investing.com -- UBS Global Research has maintained its bearish stance on , even as ETF investments in the metal reached a five-year peak in 2024. Despite this influx of capital, the firm remains skeptical about the long-term strength of…
Investing.com -- US prices slipped below $2/mmbtu in early August before recovering slightly to around $2.1/mmbtu. This follows a broader downward trend in energy prices. Analysts at UBS Research in a note dated Monday said that this price…
By Nicole Jao NEW YORK (Reuters) - Canada's expanded Trans Mountain (TMX) oil pipeline, which commenced commercial operations in May, so far has had little impact on crude costs at refineries on the U.S. West Coast, according to companies…
Credit spreads remained steady yesterday, but there were notable movements elsewhere. The one-month implied correlation index, which gauges how stocks might move together, increased. At the same time, the 50-delta one-month implied…