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Tag Archives: Higher

FOREX-Aussie, kiwi stream higher than Yellen sounds wary

collected by :kiven Dixter FOREX-Aussie, kiwi stream higher than Yellen sounds wary U.S. 10-year interest rates are 4 times – or almost 2 full percentage points – higher than those in Germany. For Reuters Live Markets blog on European and UK stock markets see reuters://realtime/verb=Open/url=http://emea1.apps.cp.extranet.thomsonreuters.biz/cms/?pageId=livemarkets (Writing by Patrick Graham; Editing …

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U.S. drillers added oil rigs for the 17th straight week

Oil prices settled slightly higher on Friday as lower U.S. crude inventories and increasing support for continued OPEC-led production cuts inspired hope that the global supply glut can be reduced. “Owing to the rapid recovery in U.S. oil production, OPEC obviously only has limited influence on prices via supply curbs,” …

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Gold rose by $2.30 or 0.2% to settle at $1,230 an ounc for June

gold shares

Gold settled at a nearly two-week high Monday after more show of nuclear strength from North Korea, while platinum, copper and silver advanced, finding traction after weekend comments from China about a boost in infrastructure projects. “Some geopolitical concerns have given a positive hand to the metal: a successful missile …

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BP shares rose 1.7 per cent after the oil major’s profit

Strong earnings have helped push shares higher across the globe this year. Investors were looking ahead to earnings from Apple , whose shares – along with those of other major tech companies – hit record highs on Monday. BP shares rose 1.7 per cent after the oil major’s first-quarter profit …

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Oil prices fell through technical price support levels

Brent crude oil rose 3.7% in sterling terms over the week to 11 May, according to our exclusive Accumulator table (link below). To continue access the Accumulator table, please sign in or register. The commodity’s rally helped emerging markets. Oil enjoyed a strong week, buoyed by a report that showed …

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USA light crude oil was $1.81 higher at $47.69 a barrel

The bullish inventories report, came a day after crude prices dropped 1%, after EIA raised its near-term outlook for USA oil production and revised down its projections for oil prices. USA light crude oil was $1.81 higher at $47.69 a barrel. Oil prices rose on Thursday, and Brent was firmly …

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