CAPITAL MARKETS

Metal commodity prices inflate

A BETTER inflation print in the US for October has contributed to gains in metal commodity pricing, though recent strength in the iron ore price, now above US$130/t in Singapore, has come on the back of increased steel demand in China.

US Fed Chair Jerome Powell

US Fed Chair Jerome Powell

Spot gold jumped around $20 to $1965/oz after US data showing inflation slowing in October. Wall St reacted strongly on the news too including the NASDAQ being up nearly 2.4%. Excellent gains were...

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