USD/CNH Flat as Chinese Consumer Inflation Rises for Third Straight Month
The Chinese yuan was little changed in Asian trading after the world’s second-largest economy reported the fastest pace of inflation in nearly three years in…
Posts Tagged: China
Silver Crashes 8% After CME Raises Margin Requirements for Traders
Silver futures crashed nearly 8% to start the trading week after the Chicago Mercantile Exchange raised its margin requirements. The white metal has been on…
Silver Prices Poised for 6% Weekly Gain as Chinese Metal Inventories Sink to 10-Year Low
Silver futures slipped during the quiet US Thanksgiving trading session, a day after soaring above $53 on dwindling Chinese inventories. The white metal has garnered…
Soybeans Surge 3% After USDA Reports Increase in Global Shipments
Soybean futures rose more than 3% to kick off the trading week, driven by data showing an increase in global shipments from a week ago….
Gold Extends Slide to Below $4,000 Ahead of Federal Reserve Meeting
Gold futures slipped before $4,000 ahead of the Federal Reserve’s October policy meeting. The yellow metal has slumped since reaching close to $4,400 early last…
Gold, Silver Tank 3% as Metals Struggle to Sustain Bull Run on Possible US-China Trade Truce
Gold futures plummeted to kick off the trading week and struggled to hold $4,000. The yellow metal had been on a tear over the past…
Crude Oil Prices Post Back-to-Back Gains on Easing Trade Tensions, US Storage Drawdown
Crude oil futures surged more than 1% in the middle of the trading week as global trade tensions might be easing, and storage data revealed…
Gold Eyes $4,300 as Metal’s Record Run Not Slowing Down
Shortly after racing past $4,200, gold futures are already eyeing $4,300 toward the end of the trading week. The yellow metal has been on a…