Here’s why the IREN stock price has crashed and why it may hit $20 soon
The IREN stock price made a strong bearish breakout on Monday as it plunged to its lowest level since September this year. It
Gold
Gold
Indonesian supply floods nickel market, while Chinese property crisis hits iron ore
The global nickel market is facing a sustained period of oversupply, according to one of the world’s largest nickel producers. Norilsk Nickel, the
Gold
US stocks plunge after November jobs report signals labor market cracks
US stocks edged lower on Tuesday as investors assessed the long-awaited November employment report. The S&P 500 slipped 0.1%, the Nasdaq Composite declined
Oil
US-Venezuela tensions: What’s the effect on Venezuela’s economy and what investors need to prepare for
In Venezuela, money does not enter the economy as a steady stream. Instead, it arrives in bursts, timed to crude cargoes leaving port.
Oil
Commodity wrap: gold, silver rally while oil drops on oversupply and peace talk hopes
Gold prices were hovering below the $4,400-per-ounce mark as safe-haven buying increased, while the dollar slipped against major currencies. Silver prices on COMEX
Oil
Venezuela claims cyberattack thwarted, but oil cargo deliveries reportedly halted
Venezuela’s state oil company PDVSA said it was the target of a cyber attack orchestrated by the US in coordination with domestic conspirators,
Oil
US’ seizure of Venezuelan tanker has limited immediate impact on China’s oil market
The recent US seizure of a tanker off Venezuela’s coast will have a limited immediate effect on the Chinese market. A significant amount
Oil
Brent crude oil price analysis: Levels to eye amid the crash
Crude oil price extended previous losses to a two-month low as concerns over a supply glut and slowing demand growth continue to weigh
Oil
Peace talks, sanctions drive Brent crude below $60/bbl for the first time in 7 months
Brent oil prices fell below $60 per barrel on Tuesday, slipping more than 1.5% as hopes for a Russia-Ukraine peace deal strengthened. Brent
Oil
Commodity wrap: oil plunges below $60 on peace deal hopes; bullion, base metals fall post US jobs data
Oil prices plunged with Brent falling below $60 per barrel on Tuesday for the first time in seven months. Prices were under pressure