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Gold Little Changed Near Eight-month Lows

Gold prices were little changed on Tuesday, after having fallen to their lowest level in nearly eight months earlier due to Fed rate hike jitters and lingering U.S.-Iran tensions over the control of Strait of Hormuz. Spot gold was little changed at $4,016 on ounce but was down more than 11 percent so far in June, marking its fourth consecutive monthly fall and the biggest quarterly drop since April 2013. U.S. gold futures were down 0.2 percent at $4,031 an ounce.
RTTNews | 72 days ago
DAX Rises Over 1%; Siemens Energy, Infineon Among Top Gainers

DAX Rises Over 1%; Siemens Energy, Infineon Among Top Gainers

German stocks moved higher on Tuesday with renewed optimism surrounding Artificial Intelligence triggering some buying in the technology sector. Strong retail sales data, lower oil prices and hopes that ECB will not hike rates anytime soon contributed as well to market's upmove.
RTTNews | 72 days ago
Oil Headed For Steep Monthly Loss

Oil Headed For Steep Monthly Loss

Oil prices traded lower on Tuesday and headed for a second month of declines despite clear divergences emerging in the statements from both sides regarding whether the U.S. and Iran would hold talks in Qatar today.
RTTNews | 72 days ago
Asian Shares Mostly Higher As Tech Stocks Rebound

Asian Shares Mostly Higher As Tech Stocks Rebound

Asian stocks rose broadly on Tuesday as investors watched for a possible resumption of U.S.-Iran talks in Qatar to resolve differences over Strait of Hormuz and asset releases.
RTTNews | 72 days ago
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Australian Market Maintains Early Slight Losses In Mid-market

Australian Market Maintains Early Slight Losses In Mid-market

The Australian market is maintaining its early losses in mid-market trading on Tuesday after alternating across the unchanged line, reversing some of the gains in the previous two sessions, despite the positive cues from Wall Street overnight. The benchmark S&P/ASX 200 index is falling below the 8,850 level, with weakness in mining stocks nearly offset by gains in financial and technology stocks.
RTTNews | 73 days ago
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian markets are trading mostly lower on Tuesday, despite the positive cues from Wall Street overnight, amid renewed uncertainty about the geopolitical situation in the Middle East after Iran reportedly said it will not meet the US team in Qatar for the peace talks later in the day to end the four-month war, and insists on control over the Strait of Hormuz, even if Oman opts not to participate.
RTTNews | 73 days ago
Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese stock market is trading slightly higher on Tuesday, extending the gains in the previous session, foll0wing the broadly positive cues from Wall Street overnight, with the Nikkei 225 moving well above the 69,550 level, with gains in financial and technology stocks partially offset by weakness in index heavyweights and automaker stocks.
RTTNews | 73 days ago

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