- Crude oil prices fell by 1.87 per cent on Thursday as the minutes of the Federal Reserve’s April meeting weighed on the commodity with prospects for a rate hike as early as June expected to boost the greenback further. Federal Reserve sent strong indications in its April minutes that it could raise interest rates next month triggering a rapid increase in the slumping dollar.
- Gold prices fell as minutes from the Federal Reserve suggested a near-term rate hike is possible. Minutes released by the Federal Reserve from its April policy meeting suggested an interest-rate increase in June was possible if incoming data showed an improving economy.
- The report released by World Metal Statistics (WBMS) that this year, the global primary aluminum market was in a slight excess supply of 48,000 tons during the first 3 months of this year. The primary aluminum demand during the first 3 months was 13.28 million tons, reducing by 664,000 tons compared with the same period last year.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
No comments:
Post a Comment