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A new indicator has been introduced to fill the blind spot that led to a directional outlook for gold for most of the first half of the year. Gold prices may be bottoming out within their current consolidation range, awaiting a decline in yields and

2026-07-06

A new indicator has been introduced to fill the blind spot that led to a directional outlook for gold for most of the first half of the year. Gold prices may be bottoming out within their current consolidation range, awaiting a decline in yields and the 2-year - 3-month interest rate spread. Click to view…

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2026-07-06

A-share glass substrate concept stocks fell in early trading, with Rainbow Optoelectronics down more than 5%, and Di'er Laser, Lehman Optoelectronics, BOE Technology and Woge Optoelectronics all declining.

A-share glass substrate concept stocks fell in early trading, with Rainbow Optoelectronics down more than 5%, and Di'er Laser, Lehman Optoelectronics, BOE Technology and Woge Optoelectronics all declining.
2026-07-06

Hardeep Singh Puri, India’s minister of petroleum and natural gas, said India is expanding domestic crude exploration and is tendering roughly 250,000 sq km of previously unexplored acreage to boost local supply and reduce import dependence, AFP repo

Hardeep Singh Puri, India’s minister of petroleum and natural gas, said India is expanding domestic crude exploration and is tendering roughly 250,000 sq km of previously unexplored acreage to boost local supply and reduce import dependence, AFP reported on the 5th. Puri said recent transit constraints through the Strait of Hormuz tightened supplies. India produced 25.98 mln tonnes of crude in FY25 (about 522,000 bpd), down from a 2011 peak above 900,000 bpd, meeting roughly 10% of domestic crude demand. To ease supply pressure, India has broadened its supplier base from 27 to 41 countries, adding Iran and Venezuela and increasing purchases from Russia and several African suppliers.
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