As OPEC+ surprise output cuts rattle the markets, oil prices soar

(Reuters) Following a shock announcement by OPEC+ to cut more production, oil prices spiked on Monday, posting the largest daily increase in almost a year. Brent crude reached its highest price in a month at $86.44 earlier in the session. By 0627 GMT, it was trading at $83.89 per barrel, up $4 or 5%. U.S…. Rozbalit »

Gold prices fall, dollar recovers ahead of a week full of data

As markets closed some of their gains following a strong Q1, gold prices declined on Monday. As of now, attention is being paid to US economic data, which will reveal new details about monetary policy. During the first 3 months of the year, gold prices have risen over 7%, despite most of the gains coming… Rozbalit »