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Archive for  January 2010

  • Major stock markets outside the United States ended on Tuesday. FRANKFURT STOCKS EXCHANGE: The DAX index ended at 5976.48 points, up 57.93 or 0.98 percent. PARIS STOCKS EXCHANGE: The CAC-40 index closed at 4009.67 points,

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  • Britain's top share index ended up 0.3 percent on Tuesday, led by pharmaceuticals on hopes that US President Barack Obama's healthcare reforms could be hampered, while banks fell after results from US bank Citigroup. The

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  • The Indian rupee weakened against the dollar on Tuesday, after having traded steady for most of the day, as a fall in the euro boosted the US currency. The partially convertible rupee ended at 45.78/79

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    • News Desk
    • Jan 20th, 2010
    • Comments Off on Three-month euro Libor anchored at record low

    Three-month euro money market funds remained at a record low on Tuesday while the sterling equivalent edged higher on rising UK consumer prices, according to the latest London bank-to-bank lending rate fixings. The three-month euro

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  • Sterling hit a four-month high against the euro and its strongest in six weeks versus the dollar on Tuesday after a jump in UK consumer prices suggested the Bank of England may soon end quantitative

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  • The euro hit a four-month low against sterling and a one-month low against the yen on Tuesday on the back of a weak German sentiment survey and persistent concerns about Greek public finances. German analyst

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  • Cotton futures ended easier Tuesday on investor sales following a holiday break and brokers feel the weak technical picture could further pressure fibre contracts this week. The cotton market was shut Monday for the Martin

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    • News Desk
    • Jan 20th, 2010
    • Comments Off on Russia sugar lobby seeks import duty cut from March

    The Russian Sugar Producers Union, the industry lobby, has proposed cutting an import tariff on cane raws from March to $50 per tonne from $140 to curb rising prices of the sweetener, the lobby said

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  • May cocoa on Liffe ended 28 pounds higher at 2,318 pounds a tonne on Tuesday. Market awaits North American grindings data, expected to be issued on Thursday, for confirmation that demand is beginning to recover

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  • Copper rose on Tuesday, as the market focused on expectations for stronger Chinese demand over the coming months, but a rising US dollar and high metal inventories capped gains. Aluminium inventories jumped more than 40,000

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