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MARGARET YANG
Australia shares end higher on commodities rally, travel stocks jumpThe S&P/ASX 200 index was up 0.2% at 7,503 points at the close of trade, gaining for the second consecutive day. It was up nearly 0.5% earl...- Aussie shares close at record high as miners gain on BlueScope Steel's forecastThe S&P/ASX 200 index rose 0.5% to end at 7,431.4 points, its highest close ever. Earlier in the session, the index hit a record high of 7,...
- Gold down for 3rd day as dollar firms ahead of Fed meetingThe dollar strengthened 0.1% to hover close to a one-month high versus its rivals, making gold more expensive for other currency holders.
- Gold scales over 3-month peak on virus woes, lower U.S. yieldsSpot gold was up 0.6 per cent at $1,854 per ounce by 0649 GMT, after hitting its highest since Feb. 2 earlier in the session. U.S. gold fut...
- Gold prices at over 2-week low as U.S. yields, dollar strengthenBullion, often sought as a safe store of value in times of economic turmoil, is sensitive to rising yields as they raise the opportunity co...
- Gold rebounds from 9-month low on weaker dollar, U.S. stimulusThe U.S. Senate on Saturday passed President Joe Biden's $1.9 trillion COVID-19 relief plan, with the final bill including $400 billion in ...
- Australia shares mark best day in 2 months on Democrat Senate winThe S&P/ASX 200 index closed 1.6% higher at 6,712 points, after rising about 2% earlier in the session.
- Gold set for third weekly gain as traders eye US fiscal supportSpot gold dipped 0.1 per cent to $1,884.41 per ounce by 0531 GMT. For the week, it was up 2.4 per cent. U.S. gold futures slipped 0.1 per c...
- Oil prices slip but traders cheer vaccine approvalBrent crude oil futures were down by 8 cents, or 0.2%, at $47.34 a barrel by 0743 GMT, while West Texas Intermediate crude was down by 14 c...
- Asian stocks are luring the biggest foreign flows since 2013Japan is leading the way with $27.4 billion, followed by India at $9.2 billion. South Korea has received $6.4 billion.
- Australia shares rise as vaccine hopes lift energy, travel stocksThe S&P/ASX 200 index, however, ended 0.7% higher after jumping 2.2% to a more than eight-month high in early session as a slump in overnig...
- Gold eases off three-week high as dollar steadiesSpot gold fell 0.3% to $1,923.81 per ounce by 0737 GMT, after hitting its highest level since Sept. 21 at $1,932.96 earlier in the session....
- Gold hastens retreat, dips below $2,000 on firm dollarMaking gold more expensive for holders of other currencies, the dollar gained and U.S. bond yields rebounded from multi-month lows.
- Gold eases as equities shrug off virus fearsUS gold futures were flat at $1,579.
- Gold eases as equities edge up, virus concerns cap lossesUS gold futures also slipped 0.1 per cent to $1,577.80.
- US jacks up tariffs on $200b worth Chinese goods; what’s in it for India?The conditions may not be that bad for India in the wake of stability in crude oil prices.
- US-China talks: Sentiment to remain cautious for next 36 hours, says Margaret Yang Yan, CMC MarketsCurrency depreciation to potentially accelerate capital outflow from greater China market, says Yang Yan.
- Gold inches up as equities retreat on recession fearsU.S. gold futures were also up about 0.1 percent at $1,315.70 an ounce.
- If things go wrong, China slowdown could extend to next two years: Margaret Yang, CMC Markets“Technical indicators suggest oil price rallying 35% in 2 months means they are temporarily being overbought.”
- Common antibiotic may fight dry eye diseaseA common antibiotic may combat dry eye disease, a new study has found.
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