Australia’s wage growth slowed in the third quarter, reflecting an easing in price pressures across the economy and reinforcing expectations that the next move in interest rates will be down.
Will that pressure translate into the price dropping below $2,600? Shoppers will definitely hope that’s the path gold takes, especially with the holiday buying season coming up and gold ...
A second presidential term for Donald Trump is likely to keep oil prices under pressure in 2025 by easing regulations on U.S. producers and potentially spurring the Organization of Petroleum ...
(Reuters) - Citi (C) forecasted on Wednesday that US President-elect Donald Trump's second term could exert downward pressure on oil ... sell-off that pushed oil prices down by more than $2 ...
Oil prices have been under pressure since the end of last week. Brent is now trading at just under $72 per barrel, WTI at around $68, Commerzbank’s commodity analyst Carsten Fritsch notes.
With North American lumber prices below break-even costs for many sawmills in Canada and the U.S., plus ongoing geopolitical uncertainty, recessionary conditions in China and declining timber ...
This trend is intensifying concerns about sustained demand from Asia, a crucial factor for crude prices. With additional pressure from rising U.S. crude inventories, this slowdown in demand is ...
WASHINGTON, Oct 25 (Reuters) - The prospect of lower oil prices puts "lots of pressure" on Angola, the country's finance minister told Reuters on Friday, adding that she expected to see prices ...