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Gold hovers near 2-week low on hopes of economic recovery

Source: PRECIOUS-Gold hovers near 2-week low on hopes of economic recovery – Reuters

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Gold Price News and Forecast: XAU/USD bounce from sub-4H 200-SMA has stalled

Gold’s overnight drop below the 4-hour chart 200-candle simple moving average (SMA) was short-lived, possibly due to US-China tensions. Technical char Source: Gold Price News and Forecast: XAU/USD bounce from sub-4H 200-SMA has stalled

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Energy Minister: Alberta reduces oil production by around 1 mb/d, praises OPEC+ agreement

Vienna, Austria, 27 May 2020--The Minister of Energy for Alberta, Canada, HE Sonya Savage, supported the OPEC+ production adjustment agreement in April to battle COVID-19 demand destruction, and added that her province has reduced oil output by about 1 mb/d due to market forces.

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OPEC Secretary General welcomes new Venezuelan Minister

Vienna, Austria, 27 May 2020--OPEC Secretary General, HE Mohammad Sanusi Barkindo, and HE Tareck El Aissami, Venezuela’s People's Minister of Petroleum, held a videoconference meeting today to welcome the minister to OPEC and discuss recent oil market developments and the upcoming June ministerial meetings.

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Scotiabank sets aside $168 million for metals closure and investigations

Source: Scotiabank sets aside $168 million for metals closure and investigations – Reuters

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Gold falls 1% as risk appetite firms on recovery optimism

Source: PRECIOUS-Gold falls 1% as risk appetite firms on recovery optimism – Reuters

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U.S. military says Russia deployed fighter jets to Libya

See original here:  U.S. military says Russia deployed fighter jets to Libya

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Gold edges lower, losing shine as stocks rally on easing lockdowns, vaccine hopes

See the rest here:  Gold edges lower, losing shine as stocks rally on easing lockdowns, vaccine hopes

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U.S. small firms leave $150 billion in coronavirus stimulus untapped

Read the original here:  U.S. small firms leave $150 billion in coronavirus stimulus untapped

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Dow futures surge more than 500 points on hopes of a coronavirus vaccine

More:  Dow futures surge more than 500 points on hopes of a coronavirus vaccine

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