Commodities
Detailed price performance and analysis with More Currencies News
Indian festival fails to buoy gold demand; China awaits trade verdict
Dealers offered discounts of up to $20 an ounce on official domestic prices this week, slightly down from a discount of $21 last week
Reuters NewsOil rises 2% after reports of Iranian tanker attack
Brent crude futures gained $1.41, or 2.4%, to settle at $60.51 a barrel
Reuters NewsIran oil tanker hit by two missiles off Saudi coast
Oil prices climbed 2% after reports of the tanker explosion, with benchmark Brent and U.S. West Texas Intermediate crude futures both rising more than $1 a barrel
Reuters NewsRio Tinto signs its first Renminbi portside trading contract
Portside sales of Rio Tinto’s products at Chinese ports are currently sold via traders
Reuters NewsEgypt imposes import fees for rebar, iron billets for three years
Egypt had already imposed temporary import fees in April, of 15% on iron billets and 25% on steel rebar for 180 days.
Reuters NewsOil rises on hopes for deeper OPEC output cuts, U.S.-China trade talks
International benchmark Brent crude futures were at $59.26 a barrel by 0251 GMT, up 16 cents, or 0.3%, from their previous settlement
Reuters NewsInfiniGold to launch digital token backed by Perth Mint gold
Fintech firm InfiniGold said on Thursday it would launch a digital token backed by gold stored in the vaults of Australia's Perth Mint
Reuters News
#Morning Briefing
Sunday outlook: Oil prices, stocks gain, gold drops
The US-China deal agreed on Friday covers agricultural purchases, currency and some aspects of intellectual property protections.
Read MoreOpinion
Asian equities and currencies enjoy post-G20 bounce
Oil prices also rebound as Russia and Saudi Arabia agree to maintain production cuts ahead of Opec+ meeting
No let-up in trade war likely even if tariffs are reduced
Weekly Q&A: Stephen Innes, co-founder and multi-asset trader at Vanguard Markets
Will risk appetite weaken further in Q3?
Brexit uncertainty and the threat of withdrawal without a trade deal has placed pressure on the pound
Oil weighed down by demand concerns despite Middle East tensions
Traders seem more concerned about lack of future demand than they do about potential disruptions to supply
