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Author Archives: Insta Forex

VALE: Iron Ore Production In Q2 Hits New Record

Vale’s iron ore production increased 5.8% on year in the second quarter, reaching 91.849 million tons, a new record for the company. Progress in the S11D mining complex activities, in Vale’s Northern System, boosted the output. According to the Brazilian ...

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Crude Oil Pauses After Recent Rally

Crude oil futures inched lower Thursday, trimming recent gains despite signs that U.S. production is slowing. The EIA reported a significant decline in oil inventories yesterday, driving crude oil above $47 a barrel to 6-week high. On the final day ...

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Gold Holds Gains Amid Dovish ECB

Gold nudged higher Thursday amid reports saying the the European Central Bank may not make a decision on the future of its bond-buying program until October. As expected this morning, the ECB left its key interest rate unchanged. The ECB ...

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