Supply Disruptions in Libya and Likelihood of An Extended Output-Curb Deal Push Oil Prices Higher

Posted by Option Banque in on March 29, 2017

Crude oil prices extended their gains on Wednesday to a second consecutive session on the back of mounting expectations that OPEC and their allies will extend their output-cut deal into the second half of this year. Besides, report showing supply … Read More

Sterling Slumps Versus Dollar on Mounting Political Uncertainties

Posted by Option Banque in on March 28, 2017

British Pound nose-dived to the lowest level since last Friday against the dollar amidst rising uncertainties concerning the U.K. politic developments while economic data showed U.S. consumer confidence surged to a more than 16-year high in March. The pound retreated … Read More

Tracing Global Selloff, U.K. Shares Plunge. Financials and Miners Lead Losses

Posted by Option Banque in on March 27, 2017

U.K. shares gapped down on Monday, continuing to trade lower after the biggest weekly loss since January recorded last week. The FTSE 100 index lost more than 0.7%, driven lower by losses in banking sector and mining companies. Financials topped … Read More

Gold Hits One-month Highs As Investors Exercise Caution n a Week of Political Risk Events

Posted by Option Banque in on

Gold surged high in Asian trading hours on Monday, extending its rally after having closed higher for a second week last Friday. The precious metal gathered bullish momentum as investors were taking caution ahead of an eventful week. Gold futures … Read More

Natural Gas Trades Below $3.000 per Btu as U.S. Supplies Fall Less Than Expected

Posted by Option Banque in on March 23, 2017

U.S. natural gas futures prices dropped nearly 0.5 percent to trade under $3.000 per million British thermal units on Thursday after a weekly report showed that domestic supplies of natural gas fell less than expected last week. The U.S. Energy … Read More

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