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02/11/2022 Economy News By MoneyHeights , Get More Daily Updates On www.moneyheights.in

Wednesday Economy News

Bank of Japan Governor Haruhiko Kuroda on Wednesday hinted at the chance of tweaking the bank’s yield curve control (YCC) policy down the road, saying it could become a future option if inflation continues to pick up.

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Wednesday Crude Oil Highlights

Oil prices rose more than 1% on Wednesday after industry data showed a surprise drop in U.S. crude inventories, suggesting demand is holding up despite steep interest rate hikes dampening global growth.

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Wednesday Gold News

Gold prices held recent gains on Wednesday as the dollar steadied before the conclusion of a Federal Reserve meeting, while copper prices were lifted by speculation over China potentially relaxing its strict zero-COVID policy. 

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Commodities Resistance & Support Report By MoneyHeights , Get More Information Visit www.moneyheights.in

Resistance & Support Report 02-11-2022

COMMODITYRESISTANCESUPPORT
ALUMINIUM201197.8
COPPER663.8651.7
NATURAL GAS 487.4459.8
CRUDE OIL7379.77248.3
GOLD50733.150270.9
SILVER59297.958394.1

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01/11/2022 Stock Market Economy News By MoneyHeights , Get More Updates Visit www.moneyheights.in

Economy News Update By MoneyHeights

The U.S. dollar sank from a one-week top against a basket of major peers on Tuesday, as traders weighed the odds of a less aggressive Federal Reserve at Wednesday’s widely watched monetary policy meeting.

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01/11/2022 Oil News Update By MoneyHeights , Get Earn Through Energy Visit www.moneyheights.in

Crude Oil News Update By MoneyHeights

Oil prices rose on Tuesday, paring losses from the previous session, as a weaker U.S. dollar offset widening COVID-19 curbs in China that have stoked fears of slowing fuel demand in the world’s second-largest oil consumer.

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