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Silver Price Forecast: XAG/USD drops to near $29.50, facing pressure from Fed’s moderate hawkish stance
Silver price (XAG/USD) falls to near $29.30 in Tuesday’s European session, though it remains inside Monday’s trading range amid thin trading volume due to holidays on Wednesday and Thursday on account of Christmas Eve and Thanksgiving Day.
Fxstreet
Tue, Dec 24
BRIEF-Golar LNG Buys All Outstanding Minority Interests In FLNG Hilli
Dec 24 (Reuters) - Golar LNG Ltd GLNG.O:GOLAR ACQUIRES ALL OUTSTANDING MINORITY INTERESTS IN THE FLNG HILLIGOLAR LNG LTD - TOTAL CONSIDERATION FOR ACQUISITIONS IS $90.2 MILLIONGOLAR LNG : INCREASED OWNERSHIP WILL GIVE CO IMMEDIATE CASH FLOW ACCRETION AND IS EXPECTED TO ADD ABOUT $0.5BN OF ADJUSTED E...Reuters
Tue, Dec 24
UPDATE 3-Oil prices rise in thin pre-Christmas trade
Changes dateline to London, updates prices at 0955 GMTBy Paul Carsten LONDON, Dec 24 (Reuters) - Oil prices rose on Tuesday, reversing the prior session's losses, buoyed by a slightly positive market outlook for the short term, despite thin trade ahead of the Christmas holiday.Brent crude futures...Reuters
Tue, Dec 24
UPDATE 4-Russian cargo ship sinks in Mediterranean after explosion, Russian Foreign Ministry says
Ship was en route to Vladivostok, says ownerWas reported to be carrying port cranes, ice-breaker parts 14 crew rescued, two still missing Cause of engine room explosion unknown so far Adds Russian embassy to Spain in paragraph 4, entities sanctioned status in paragraph 5By Andrew Osborn and Gleb St...Reuters
Tue, Dec 24
TECHNICALS-NY coffee may retrace to $2.9435 in Q1
For more technical analyses, please click TECH/CSINGAPORE, Dec 24 (Reuters) - New York coffee KCc2 may retrace to $2.9435 per lb in the first quarter of 2025, as suggested by its wave pattern and a projection analysis. A big wave (c) from $1.45 may have completed around resistance at $3.4310, i...Reuters
Tue, Dec 24
UPDATE 3-Explosion sinks Russian cargo ship in Mediterranean, Russian Foreign Ministry says
Adds new details from Spanish media in paragraphs, 10-11, editsBy Andrew Osborn and Gleb StolyarovMOSCOW, Dec 24 (Reuters) - An engine room explosion sank a Russian cargo ship called 'Ursa Major' in the Mediterranean Sea between Spain and Algeria and two of its crew are missing, the Russian Foreign ...Reuters
Tue, Dec 24
BREAKINGVIEWS-India’s green power producers will get a shakeout
The author is a Reuters Breakingviews columnist. The opinions expressed are her own.By Shritama BoseMUMBAI, Dec 24 (Reuters Breakingviews) - Dealmaking is coming for India’s renewable energy industry in 2025. More than a dozen generators of wind and solar power are looking for new owners as private...Reuters
Tue, Dec 24
UPDATE 2-Oil prices rise in thin pre-Christmas trade
Updates with analyst comments; updates prices as of 0742 GMTBy Katya Golubkova and Trixie Yap Dec 24 (Reuters) - Oil prices rose on Tuesday, reversing the prior session's losses, buoyed by a slightly positive market outlook for the short term, despite thin trade ahead of the Christmas holiday.Bre...Reuters
Tue, Dec 24
Silver Price Forecast: XAG/USD retains negative bias below $30.00
The Silver price (XAG/USD) extends the recovery to near $29.60 during the early Asian session on Monday, bolstered by the softer-than-expected US November Personal Consumption Expenditures (PCE) Price Index inflation data.Fxstreet
Mon, Dec 23
