Gold Silver Reports – Investors Raise Bets on Surging Commodities as Crude Oil Tops $70 – Investors are betting there’s more to come from commodities after a surge in industrial metals and oil prices.
Commodities
Blockchain for Commodities Markets
Gold Silver Reports – Blockchain for Commodities Markets >> Blockchain technology, which has already been adopted by gold traders, is starting to show the potential to transform other sectors of the global physical commodities markets.
Stocks Bounce, Treasuries Rise on Korea Tensions
Gold Silver Reports ✅- Stocks Bounce, Treasuries Rise on Korea Tensions – Stocks vacillated Friday before ending little changed and Treasuries gained with gold, as investors reached for safe haven assets after North Korea ratcheted up its threats against the U.S.
Oil Rose After an Unexpected Drop in Inventories
Gold Silver Reports – U.S. stocks tumbled following their biggest gain in two months, as disappointing results from Walt Disney Co. to Macy’s Inc. raised doubts about the strength of the American consumer. Oil rose after an unexpected drop in inventories, while the dollar fell.
The S&P 500 Index retreated for the first time in four days, while the Dow Jones Industrial Average erased all but five points of its Tuesday advance. Retailers led declines as Disney sank the most since January and Macy’s led a selloff in apparel shares. Energy producers rallied as U.S. oil surged past $46 a barrel. Industrial metals also climbed as Glencore Plc forecast demand will exceed supply. Brazilian shares fell, while the real climbed as the Senate geared up for a vote that could oust the president.
Crude Oil Slip Weighs on Commodity Currencies
Gold Silver Reports ~ Crude oil fell, extending declines below $40 a barrel as the dollar reasserted itself following last week’s selloff and data showed the first increase this year in the number of U.S. rigs. Australian stocks swung between gains and losses.