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Australian Market Significantly Higher

2 years 10 months ago
(RTTNews) - Australian shares are trading significantly higher on Wednesday, recouping the losses in the previous two sessions, with the benchmark S&P/ASX 200 moving well above the 7,500 level, following the broadly positive cues from Wall Street overnight, with gains across most

Dollar Under Pressure on Reduced Liquidity Demand as Stocks Rally

2 years 10 months ago
The dollar index (DXY00 ) on Tuesday fell by -0.22%. The dollar Tuesday posted moderate losses but remained above last Friday’s 4-3/4 month low. Strength in equity markets Tuesday reduced liquidity demand for the dollar. Also, a decline in T-note yields on Tuesday weighed on the dollar. Losses in the...

Crude Oil Settles Sharply Higher on Heightened Geopolitical Risks

2 years 10 months ago
February WTI crude oil (CLG24 ) closed up +2.01 (+2.73%) on Tuesday, and Feb RBOB gasoline (RBG24 ) closed up +3.09 (+1.44%). Crude oil and gasoline prices on Tuesday closed moderately higher, with crude posting a 3-week high. A weaker dollar Tuesday was supportive of energy prices. Heightened geopolitical risks...

Nat-Gas Prices Retreat as Warm Winter Temps Engulf the U.S.

2 years 10 months ago
January Nymex natural gas (NGF24 ) on Tuesday closed -0.060 (-2.30%). Nat-gas prices on Tuesday retreated as above-normal U.S. temperatures are curbing heating demand for nat-gas and keeping U.S. gas inventories elevated. On Tuesday, the Commodity Weather Group said a strong ridge of warm air across Canada and the northern...
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