Gold Prices (XAU/USD) Battered by USD Strength Ahead of NFP Report
Gold (XAU/USD), USD Talking Points Ahead of NFP’s Recommended by Tammy Da Costa Get Your Free Gold Forecast Gold Prices Surrender to Dollar Strength Ahead of NFP Report – Hawkish Fed Weighs on XAU/USD Gold prices have pulled back from their recent high as rate expectations and recession risks continue to drive sentiment. With the […]
Crude Oil Prices Inch Up Amid Winter Storms in US
Crude oil spot prices inched up towards 80 USD per barrel amid a spike in demand for heating fuel, and fierce winter storms in the US and Canada. Market expectations of a recession in 2023 weighed on crude oil prices for most of December. These were countered by winter storms and improved global growth prospects […]
Beer Sales Drop as Consumers Balk at Higher Prices
BusinessU.S. demand for beer fell at the end of last year after a strong run of defying inflation Source link
With pricier Australian coking coal, steel mills turn towards Russia, Indonesia
India‘s steel mills have substituted “costlier” Australian coking coal with alternatives, mostly from Indonesia, Russia and the USA. The three countries have gained the most with supplies increasing by 187 per cent, 138 per cent and 163 per cent, respectively, for the April-November period.Imports from Australia dropped over 18 per cent for the eight-month-period to […]