Zxdd Oil slump a blessing to put economy back on track
LONDON:Oil prices remained steady on
nike airforce mujer Wednesday as worries over a possible delay in resolving the US-China trade war which has hurt global oil demand competed with a drop in US crude inventories which buoyed prices.Brent crude was up $0.04, or 0.06%, at $61.63 a barrel by 0906 GMT. US West Texas Intermediate (WTI) crude was down $0.08, or 0.14%, at $55.46 a barrel.The United States and China were continuing to work on an interim trade agreement, but it may not be completed in time for US and Chinese leaders to sign it next month, a US administration official said.The latest potential setback in the negotiations stalled a rally in
adidas adilette damen global share markets. Selling came courtesy of the fading optimism over trade and a Fed rate cut. Risk assets were dealt a blow as market players worried that the US and China would delay settling their trade differences, said PVM analyst Stephen Brennock.However, US crude in
white dunks ventories fell 708,000 barrels in the week ended October 25 to 436 million, compared w Xcov India-Pak tensions and US role
LONDON:Gold prices rose more than 1% on Friday and were on course for their biggest weekly gain since Oc
air max sneakers tober 2011 as the global spread of the coronavirus dimmed growth prospects and sent investors scurrying for safe-haven assets.Spot gold was up 0.7% at $1,681.67 per ounce at 1058 GMT, having risen as high as $1,689.65. Prices are up around 6% so far this week. US gold futures rose 0.9% to $1,682.80. The usual out of risky assets into safe havens flow is fuelling gold's rise, driv
adidas sambarose en by concerns about the economic fallout from the virus, said Peter Fertig, an analyst at Quantitative Commodity Research.The pan-European Stoxx 600 index slid in tandem with global equities on concerns that the economic impact of the virus will be more severe than anticipated, while US 10-year Treasury yields slumped to new record lows. The market has no understanding of what's going on. Investors are buying bonds as well as gold as insurance from the deteriorating economic outlook, said SP Angel analyst
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