Oil and precious metal futures retreat from previously high levels as traders look to cash in on price uptick
Investors expect Fed chair Janet Yellen to hint at an increase in US interest rates.
Oil futures remained in bull territory despite the current rally showing signs of petering out
Investors are now said to be looking forward to clarity from US Fed chairperson Janet Yellen on interest rate increase.
Brent up by almost 20% on its previous low which is close to the common definition of technical bull run.
US Fed officials split on the timing of future rate increase.
Precious metals retreated before the release of the US central bank's minutes of its latest monetary policy meeting.
New York Fed President William Dudley says the US central bank could raise interest rates as early as September.
Market chatter of a production freeze supports oil prices while precious metals rise on a weaker dollar.
Japan's Nikkei sees the sharpest fall following increase in the value of yen.
Saudi willingness to discuss an oil production freeze continues to support oil prices.
Reiteration of market stability call by Saudi Arabia helps support crude, gold spikes again.
The UK central bank's decision to cut interest rates to 0.25% has triggered an uptick in demand for gold.
China's fixed-asset investment in the year to July grew at the slowest rate in more than 16 years.
Crude futures enter steady mode but precious metals lose shine on stronger dollar.
Singapore has reduced its 2016 economic growth forecast amid Brexit and weakening global demand.
Weaker dollar supports gold rally but oil futures slide.
US nonfarm productivity declined at a 0.5% annual rate in the second quarter ending 30 June.
Money managers increase bets on oil prices falling despite price rises seen over the past 24 hours.
China inflation numbers indicate there is room for further policy easing in the Asian country.
Market speculation that Opec is working on another bid to cut production sends oil futures on recovery run
Asian markets bullish despite data showing fall in China's July exports.
Profit-taking after gold spike to $1,370 weighs on precious metals as oil futures battle oversupply sentiment.
Gold futures rally after the UK central bank cuts interest rates.
Investors expect the UK's central bank to cut rates to a record low of 0.25%.
Oil prices hit four-month low while precious metals decline as traders book profits on recent rally.
Investors are now looking forward to the Bank of England's decision on cutting interest rates.
Precious metals traded higher on safe-haven calls and expectation of a rate cut by the Bank of England
The Hong Kong stock exchange suspends trading for the day amid Typhoon Nida.
Oil took another hit as Saudi Aramco cut its asking price for crude dispatches to Asia.