Commodities Weekly: Gold pressured by risk bulls

The brisk turnaround in risk appetite last week, fueled by encouraging economic data and relatively strong Q1 earnings reports, has seen precious metals under pressure, while agricultural and energy commodities were mixed. Precious metals GOLD…

Oil Higher Ahead of Weekly EIA Inventories

Posted 23 seconds agoShare Print Oil prices rose on Wednesday back toward five-month highs hit the previous day, as OPEC production cuts and U.S. sanctions on Iran and Venezuela continued to tighten supply, though economic…

U.S weekly jobless claims lowest since 1969

The number of Americans filing applications for unemployment benefits dropped to a more than 49-year low last week, pointing to sustained labor market strength despite slowing economic growth. Initial claims for state unemployment benefits declined…