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China’s most active futures contracts open mixed, with silver up over 2%, while pulp and No.20 rubber rise over 1%. On the downside, PTA and PX fall over 3%, while palladium, PET, methanol, short fiber, propylene and plastics drop over 2%. Ethylene g

2026-05-08

China’s most active futures contracts open mixed, with silver up over 2%, while pulp and No.20 rubber rise over 1%. On the downside, PTA and PX fall over 3%, while palladium, PET, methanol, short fiber, propylene and plastics drop over 2%. Ethylene glycol, polypropylene, platinum, benzene, low-sulfur fuel oil (LU) and cotton yarn declined nearly 2%.

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2026-05-07

China Reports Higher Gold and FX Reserves in April, Extends Gold Buying Streak to 18 Months China’s central bank reported that gold reserves rose to 74.64 million fine troy ounces at end-April from 74.38 million at end-March, while FX reserves increa

China Reports Higher Gold and FX Reserves in April, Extends Gold Buying Streak to 18 Months China’s central bank reported that gold reserves rose to 74.64 million fine troy ounces at end-April from 74.38 million at end-March, while FX reserves increased to $3.411 trillion from $3.342 trillion, and the value of gold reserves climbed to $344.17 billion from $342.76 billion; this also marks the 18th consecutive month of gold purchases by the central bank.
2026-05-08

The German DAX 30 index opened down 226.29 points, or 0.92%, at 24445.25 on Friday, May 8th; the UK FTSE 100 index opened down 62.40 points, or 0.61%, at 10214.55; and the French CAC 40 index opened down 62.17 points, or 0.76%, at 8139.91. The Stoxx

The German DAX 30 index opened down 226.29 points, or 0.92%, at 24445.25 on Friday, May 8th; the UK FTSE 100 index opened down 62.40 points, or 0.61%, at 10214.55; and the French CAC 40 index opened down 62.17 points, or 0.76%, at 8139.91. The Stoxx 50 index opened down 59.59 points, or 1.00%, at 5913.06 on Friday, May 8th; the Spanish IBEX 35 index opened down 134.42 points, or 0.74%, at 17917.58 on Friday, May 8th; and the Italian FTSE MIB index opened down 294.51 points, or 0.60%, at 48996.50 on Friday, May 8th.
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