Market Pulse - Commodities
Commodities: Gold under pressure ahead of Yellen, Fed officials' speeches
Gold prices were under pressure on Friday afternoon as traders look ahead to commentary from several US Federal Reserve officials for any clues on a possible rate hike in March.
It would not take much for Glencore stock to double, Citi says
The price of Glencore stock was back to where it was in 2014 but the company's fundamentals were in fact now much improved, analysts at Citi argued.
Commodities: Crude oil lower as concerns mount on Opec production cut levels
Crude-oil futures are firmly lower Thursday as concerns about the level of adherence to Opec production cut pledges resurfaced amid the lingering global glut of the black liquid and record US stockpiles.
US oil stocks rise moderately in latest week, EIA says
US oil stocks rose moderately last week, according to the Energy Information Administration.
Commodities: Gold tumbles after Trump infrastructure pledge, rising rate-hike expectations
Gold tumbled as traders donned rose-tinted glasses and sold safe-haven assets after US President Donald Trump's policy-light speech to Congress, lapping up his pledge to spend $1trn rebuilding the US's infrastructure and the prospect of another US rate rise.