Wednesday, December 19, 2018
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hedge funds boost gold bull bets most in two months: commodities

hedge funds raised bets on a gold rally by the most in two months as the u.s. economy expanded less than previously estimated, boosting speculation the federal reserve will maintain the pace of stimulus.

brent crude futures extend earlier gain to exceed $101

brent crude rose after dipping below $100 a barrel for the first time in a month. signs of a slowing chinese economy and opec's decision to maintain production led prices lower earlier, amid speculation supply will outstrip demand.

commodities drop on double blow of china data, bernanke r

commodities fell for a third day, paced by declines in copper and oil, as manufacturing in china unexpectedly shrank for the first time in seven months and the head of the federal reserve hinted that stimulus may be tapered.

dollar declines vs euro before bernanke testimony

(reuters) - the dollar fell against the euro for a third day on wednesday as investors trimmed their bets on the currency before testimony from the u.s. federal reserve chairman ben bernanke.

wti crude slips from seven-week high before u.s. inventory data

west texas intermediate crude declined from the highest closing price in seven weeks on speculation that supplies will remain sufficient in the u.s. even if stockpiles decreased as forecast last week.

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