Gold futures edged higher Monday, looking to build on last week’s rise as investors continue to monitor bond yields and the U.S. dollar. “Hammered by [U.S. dollar] strength and the backup in rates, gold’s multi-month downtrend is forming a base that recently embraced the support at $ 1,680, paving the way …
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European stocks slumped Thursday in early trade, losing ground for a fourth session as traders looked for a new catalyst after the breathtaking rally from the depths of the coronavirus crisis. Up 32% from its March lows, the Stoxx Europe 600 SXXP, -2.59% skidded 2.5%. Decliners included airline Deutsche Lufthansa …
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Oil futures were headed sharply lower early Wednesday as the energy complex faced persistent pressure centered on a dearth of places to put excess oil and a glut of the commodity being pumped by major producers. June Brent crude BRNM20, -11.74%, the international benchmark, was trading down $ 3.09, or …
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