Day: July 2, 2020

Oil up more than 2% on US jobs data

Oil futures gained more than 2 per cent overnight, supported by a drop in US unemployment and a drawdown in crude inventories, but a resurgence in US coronavirus infections fanned concerns that economic activity will weaken in...

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Gold gains despite record US jobs growth

Gold reversed course and edged higher overnight as the US dollar eased, though the metal traded below an eight-year peak hit in the last session as prospects for economic recovery improved after data showed the US economy...

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