June 16 (Reuters) – Gold fell more than 1% on Monday as investors locked in profits following an earlier rally to an eight-week high. Market attention shifted to escalating Israel-Iran tensions and the upcoming U.S. Federal Reserve policy meeting. Spot gold declined 1.2% to $3,392.86 per ounce by 1:53 p.m. EDT (1753 GMT), after briefly reaching
NEW YORK, June 18 (Reuters) – Oil prices ended higher on Wednesday after a turbulent trading session, as investors assessed the risk of supply disruptions stemming from the ongoing Iran-Israel conflict and the possibility of direct U.S. involvement. Brent crude futures edged up by 25 cents to settle at $76.70 per barrel, while U.S. West Texas
For the second consecutive month, the Bank of Canada is keeping the overnight interest rate at 2.75%, with Governor Tiff Macklem citing significant uncertainty surrounding the outcomes of trade negotiations. For the second consecutive month, the Bank of Canada has opted to hold its overnight interest rate at 2.75 per cent. The decision comes at