Commodities
Detailed price performance and analysis with More Currencies News
Oil rises alongside equities, but downbeat OPEC outlook caps gains
Brent crude was ended the session up 41 cents, or 0.7%, at $58.64 a barrel
Reuters NewsGold drops on profit-taking; set for third weekly rise
Spot gold was down 0.6% at $1,513.80 per ounce
Reuters NewsShanghai nickel jumps, LME 3-month spread at decade high amid supply worries
The most active nickel contract on the Shanghai Futures Exchange rose as much as 3.7% to $18,142.55 a tonne
Reuters NewsOil rises as U.S. retail sales ease recession fears
Brent crude was up 52 cents, or 0.9%, at $58.75 a barrel
Reuters NewsEgypt’s GASC buys 295,000 T Russian and Ukrainian wheat in tender
GASC said the purchase was comprised of 175,000 tonnes of Russian wheat and 120,000 tonnes of Ukrainian wheat
Reuters NewsLowest offer at Egypt's GASC tender at $199.87/T for 60,000 T Ukrainian wheat -traders
The offer was presented by Louis Dreyfus.
Reuters NewsMalaysia extends licence for rare earth miner Lynas' operations for 6 months
Shares in Lynas fell up to 5.2% before the announcement
Reuters News
#Morning Briefing
Sunday Outlook: OPEC outlook caps oil gains, gold dips, dollar ends flat
OPEC delivers bearish oil outlook for rest of 2019, points to 2020 surplus
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
