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The Watch
Gold steadies near highest since Nov. 2011 as coronavirus cases mount
Gold steadied near a more than 8-year peak on Wednesday, as concerns over surging coronavirus cases and hopes of…
Oil prices fall as U.S. inventory build stokes supply worries
Oil prices dropped in early trade on Wednesday as industry data showing a build in U.S. crude stockpiles and a…
Gold prices firm to 8-year high as coronavirus worries boost demand
Gold prices rose on Tuesday, hovering near an eight-year peak, as worries over surging coronavirus cases around the…
Dollar prices wallow as data temper recovery doubts
Dollar nursed losses on Tuesday and riskier currencies added a fraction to galloping earnings, after…
Oil rises on output cut support, but U.S. virus spike caps gains
Oil increased in early trade on Tuesday with major producers sticking to supply cuts, but earnings were capped as…
Oil prices seen their best quarter in 30 years
Oil prices registered their best quarterly performance in 30 years during the three months through to the end of…
Gold prices surged to highest 8 years as coronavirus flare unnerves investors
Gold prices surged to their highest in nearly eight years on Wednesday, while global shares cooled as signs of an…
Euro briefly above $1.13 on back of French PMI data, U.S.-China trade deal
The euro and other currencies were higher on Tuesday after White House trade adviser Peter Navarro said his…
Sliding currency may be in Egypt’s Advantage, as investors keep flocking back
There are signs that foreign investors may be warming to Egypt after the EGP eased a bit against the USD, Bloomberg…
International Energy Agency sees largest fall of oil demand in history in 2020
Oil prices have plummeted around 40 percent year-to-date, as lockdown measures designed to curb the spread of the…