United States Total Vehicle Sales came in at 17.42M, above forecasts (17.2M) in April

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May 3, 2016

Oil falls back below $44.00/bbl amid renewed glut concerns

Crude oil prices extended their declines this Tuesday, as following news of an OPEC output increase, China reported that demand stagnated in April, re-triggering concerns over a worldwide glut.

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May 3, 2016

Gold turns lower as dollar strengthens

Gold prices surged at the beginning of the day, but the greenback’s comeback seen during the American afternoon sent the commodity into the red, with spot down to a fresh weekly low of $1,282.13 an ounce before settling around 1,286.50.

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