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European Stocks Mostly Up on Friday Serbian Dinar Hits 26-month Low Euro Slides to 28-Month Low Oil Prices Retreat on Growth Concerns South African Rand Weakens Ahead Trad...
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The retail sales data came ahead of major central bank decisions, with the European Central Bank due on July 25 and the Fed expected to deliver a U. Hedge funds and money managers cut their bullish stance in COMEX gold in the latest week Where are commodity prices heading next?
Meanwhile Platinum prices breached 2-month highs, up 2.4% to $854 per ounce, its highest since May 15.
Factors that impact supply and demand, and therefore the price, of this commodity include: Gulf Tensions Escalate, Natural Gas to Follow Oil Prices As tensions between the UK and Iran continue to unfold, oil prices are edging higher as the conflict escalates.
And natural gas prices increased 2.5% over the weekend.
Congress created the Federal Reserve through a law passed in 1913, charging it with a responsibility to foster a sound banking system and a healthy economy.