Wednesday 1 June 2016
 
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Dollar

Gold drops to 7-week low on Fed rate hike prospects

Gold fell to a seven-week low on Wednesday after upbeat US home sales data in the previous session boosted expectations that the Federal Reserve will press ahead with interest rate hikes in the near term. The metal has fallen more

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Saudi sends request for proposals for dollar bond

The Kingdom of Saudi Arabia has sent banks a request for proposals for a potential US dollar bond, according to several sources. The sovereign is expected to issue in the international capital markets sometime this year to fund a

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Oil drops on surging dollar, Iran exports

Oil prices fell on Thursday, pulled down by rising US crude inventories, a stronger dollar and surging output from Iran to Europe and Asia. Brent crude futures LCOc1 were down 87 cents, or 1.8 per cent from their last settlement,

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Oil prices dip on brimming crude stocks

Oil prices fell early on Tuesday as Canadian wildfires that have knocked out over 1 million barrels worth of daily crude capacity moved away from production facilities, while brimming inventories and a strong US dollar weighed on markets.

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Oil prices dip on brimming crude stocks

Oil prices fell early on Tuesday as Canadian wildfires that have knocked out over 1 million barrels worth of daily crude capacity moved away from production facilities, while brimming inventories and a strong US dollar weighed on markets.

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Oil rises as dollar slips to 18-month low against yen

Oil prices rose on Tuesday as the dollar slipped to an 18-month low against the yen, potentially spurring fuel demand, but gains were restricted by rising Middle East output that renewed concerns of a global supply overhang. The i

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Oil rises as dollar slips to 18-month low against yen

Oil prices rose on Tuesday as the dollar slipped to an 18-month low against the yen, potentially spurring fuel demand, but gains were restricted by rising Middle East output that renewed concerns of a global supply overhang. The i

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Gold hits 15-month high, eyes $1,300

Gold rose to a fresh 15-month high on Monday, closing in on the $1,300 resistance level as fresh weakness in the dollar lent support, but moves were muted in holiday-thinned trade. Many Asian markets and London were closed on Mond

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Gold hits 15-month high, eyes $1,300

Gold rose to a fresh 15-month high on Monday, closing in on the $1,300 resistance level as fresh weakness in the dollar lent support, but moves were muted in holiday-thinned trade. Many Asian markets and London were closed on Mond

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Oil prices hit fresh 2016 highs on weak dollar

Oil prices edged to new 2016 highs on Friday, lifted by a weak dollar and falling production in the US, although a looming rise in Middle East output capped gains. Brent crude futures were trading at $48.30 a barrel at 0644 GMT, u

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