Gold Gains as Oil Prices Ease and Inflation Concerns Cool
Gold prices gained as a slide in oil prices eased some inflation concerns.
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Gold prices gained as a slide in oil prices eased some inflation concerns.
Australian shares were set to rally for a third straight session on Tuesday, as falling oil prices eased inflation concerns and record Wall Street gains boosted risk appetite, lifting miners and banks. The S&P/ASX 200 index rose 0.5% to 8,729.00 by 0017 GMT.
The S&P/TSX Composite Index edged higher to trade around the 36,000 mark on Monday amid gains among major banks. Oil prices fell on hopes for diplomatic progress between the US and Iran. Iranian President Masoud Pezeshkian is expected to attend the UN General Assembly this week, and US President Trump said he would be
The S&P/TSX Composite Index traded nearly flat around the 36,000 mark on Monday amid losses in the energy sector and gains among major banks. Oil prices declined on hopes for diplomatic progress between the US and Iran. Iranian President Masoud Pezeshkian is expected to attend the United Nations General Assembly in New
U.S. stocks post modest weekly gains, with the S&P 500 and Nasdaq Composite advancing, the Russell 2000 hitting an all-time high, and softer inflation data reducing bets on another Fed rate hike.