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A Norwegian union said it reached a wage agreement for oil workers and will not stage strike action.

2026-06-05

A Norwegian union said it reached a wage agreement for oil workers and will not stage strike action.

Other News
2026-06-04

Market news: Hungary will support the EU's extension of sanctions against Russia for another year.

Market news: Hungary will support the EU's extension of sanctions against Russia for another year.
2026-06-04

In a June 4 Gold Market Talk, the World Gold Council said rising inf pressure may force the Fed to hike, and that when hikes occur they can counterintuitively be supportive for gold. Historical data show gold rose in more than half of rate-hike episo

In a June 4 Gold Market Talk, the World Gold Council said rising inf pressure may force the Fed to hike, and that when hikes occur they can counterintuitively be supportive for gold. Historical data show gold rose in more than half of rate-hike episodes. The Council said the dollar’s influence on gold prices appears to outweigh rates; mid-cycle growth and yield convergence plus a trend toward diversification away from US assets have set the stage for potential dollar weakness. Structural demand from major consumers China and India and ongoing central bank buying — which are less sensitive to US rates — could provide further support for gold.
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