COMEX Silver futures saw heavy losses amid weak equities. Asian stocks mostly slipped amid continued worries over Russia-Ukraine war and recession. European shares fell in early moves with German DAX sliding more than 2% on the day. The US dollar firmed up near 104 mark and COMEX Copper futures tumbled more than 3%, keeping Silver under stress. The white metal currently trades down 1.50% at […]
Mainland China share market finished session lower on Wednesday, 22 June 2022, weighed down by healthcare and tech stocks after reports that Beijing authorities plan to scrutinize online medicine sales. Meanwhile, concerns about global monetary tightening and softer outlook for domestic economy in light of COVID-19 shocks also weighed on sentiment. At close of trade, the benchmark Shanghai Composite Index fell 1.2%, or 39.52 points, […]
Global energy investment is set to increase by 8% in 2022 to reach USD 2.4 trillion, with the anticipated rise coming mainly in clean energy, according to a new report by the International Energy Agency. Although encouraging, the growth investment is still far from enough to tackle the multiple dimensions of todays energy crisis and pave the way towards a cleaner and more secure energy […]
Japan share market finished session lower on Wednesday, 22 June 2022, after erasing early gains, as investors opted to book yesterdays profit on caution ahead of congressional testimony by Federal Reserve Chair Jerome Powell later in the day. At closing bell, the 225-issue Nikkei Stock Average declined by 96.76 points, or 0.37%, to 26,149.55. The broader Topix index of all First Section issues on the […]
Australian share market finished session slightly lower on Wednesday, 22 June 2022, after erasing early gains, due to futures pointing to a softer start to trade in the United States tonight. Investors opted to book yesterdays profit and wait-and-see attitude ahead of congressional testimony by Federal Reserve Chair Jerome Powell later in the day for further clues about whether another 75-basis-point rate hike is on […]
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