Commodities
Bitcoin hits record after CME unveils plans for futures contract
Bitcoin prices set a fresh record higher after the Chicago Mercantile Exchange unveiled plans to launch futures on the crypto-currency before the year was out.
Commodities: Brent climbs to July 2015 highs on hopes for OPEC output curbs
Brent crude oil futures for next month delivery, the global benchmark, breached the psychological $60 a barrel mark following reports that Russia and Saudi Arabia backed a re-edition of the Organisation of Petroleum Exporting Countries's voluntary output curbs beyond their expected end date, in March 2018.
Saudi Aramco overseas IPO only one 'option', finance minister says
Saudi Aramco’s initial public offering may not be happening after all, following comments by state finance minister Mohammed Al-Jadaan in which he said the flotation was only one ‘option’.
US crude stockpiles increase slightly, DoE says
US crude oil stockpiles edged higher last week but alongside large declines in product stockpiles, even as domestic US oil output and imports jumped.
Commodities: WTI futures gain despite rising dollar, amid record OPEC compliance
Progress on tax reforms in the States pushed the greenback towards one-month highs, weighing on the commodities complex, although energy futures still found a good bid.
Commodities: Gold recovers from 3 day drop as greenback weakens
Thursday saw the US dollar fall for the second day in a week, with the dollar index down 0. 24% to 93. 140 after 10-year Treasury yields dipped 2 basis points as investors returned to the safety of bonds.
Commodities: Greenback continues to climb, gold on the backfoot
The US dollar extended a winning streak on Wednesday as the focus on upcoming changes to monetary policies in the US grew.
US crude oil stockpiles and refinery activity decrease, says DoE
US crude oil stockpiles continued to drop even as refinery activity slowed, amid a substantial reduction in domestic oil output.
Commodities: Stronger dollar continues to fuel gold sell-off
The US greenback has continued to strengthen since late last week and has continued to pressure gold prices lower on Tuesday.
US crude stockpiles drop as refineries recover and domestic production falls, DoE says
US crude oil stockpiles dropped as refinery activity continued to recover from the impact of recent hurricanes and domestic oil production fell back.
Crude stockpiles drop alongside falling imports, DOE says
US crude oil inventories dropped sharply last week alongside a fall in imports and rising product stockpiles.
Lithium demand predicted to soar even further
Lithium demand is set to soar further as China's plan to ban new petrol-powered vehicles has led to increased forecasts for alternatively fuelled vehicles in coming years.
Commodities: Hurricane Nate not seen strengthening to Category 2, WTI drops
Weakness in the energy patch weighed on the entire commodities complex at the end of the week amid forecasts that hurricane Nate was unlikely to go beyond a category one storm.
US crude oil stockpiles fall sharply, DoE says
US crude oil stockpiles fell sharply last week, amid lower imports and rising gasoline inventories.