Free Trial

Gaining Ground

COMMODITIES

Oil continues to grind higher and trades near best levels on the day as markets position for a tentative recovery in global demand. Brent crude trades at USD 50.73/bbl, up from a session low of USD49.78/bbl.

  • Copper has similarly rallied on global tailwinds. HGH1 has inched up to USD354/lb up from a low of USD350/lb
  • Precious metals have also posted gains through the day with gold trading a touch below the day's high of USD1855/t oz

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.