The Commodities Feed: US Natural Gas Surges Amid Freezing Conditions
US natural gas prices surged amid freezing weather conditions across the US, proving supportive for heating demand and raising concerns over potential supply disruptions. The move in US gas also dragged European prices higher
Australian Dollar Rises As Employment Data Boosts RBA Outlook
The Australian Dollar advances against the US Dollar on Thursday, following the seasonally adjusted employment data from Australia, which strengthens expectations of tighter monetary policy from the Reserve Bank of Australia
Why Is Micron Stock Surging Nearly 7% On Wednesday?
Micron stock (MU) jumped roughly 7% on Wednesday, driven by major Wall Street price-target hikes and a strategic $1.8 billion acquisition of a chip fabrication facility in Taiwan.
GBP/USD Remains Confined In A Range Above 1.3400 As Traders Eye US PCE And GDP Data
The GBP/USD pair extends its sideways consolidative price move for the second straight day on Thursday and oscillates in a range above the 1.3400 mark during the Asian session.
Silver's Now Up Almost 100% In Just The Past 2 Months, & That's After It Broke The $50 Level
We’re seeing more movement in the gold and silver pricing on Wednesday, this time with some divergence, as the gold futures are currently up $86, while the silver futures are down $1.40.