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Commodity Update: Gold Hits New High Above $2,600, Crude Oil Eases
The Bank of Japan remains unchanged, providing assistance to the booming global stock market.
The Bank of Japan remains unchanged, indicating that it will not rush to continue tightening monetary policy after the unexpected rate hike in July.
Crude oil analysis at noon: Brent crude oil fell slightly in early trading. How will the Asian market react to the Fed's interest rate cut?
The USA cuts interest rates, and the Japanese yen briefly appreciates... WTI crude oil prices fall, affecting Japanese importers... Libya's oil blockade is exempted... Egypt's Suez Blend crude oil sees rare exports...
Crude oil inventories at important US hubs are depleted, and the timing is ripe for oil price rebound.
There is a shortage of crude oil available for immediate delivery in the Cushing inventory, coupled with the Federal Reserve's interest rate cut, CTA buying interest, and record-breaking short-covering materials driving oil prices rebound.
How will the results of the US election affect the market? UBS Group has made an early speculation: winners and losers are...
UBS Group's credit strategy director Matthew Mish says that if Democratic candidate Harris wins the election, it will boost bonds for American basic industrial, capital goods companies, and utility companies; whereas if Republican candidate Trump wins, it will be beneficial for bonds of US energy, aviation, housing, and auto loan companies.
ConocoPhillips, Uniper Reach 10-year Natural Gas Supply Deal