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Archive for the May 4, 2017

    • News Desk
    • May 4th, 2017
    • Comments Off on Most Asian currencies move higher

    Most Asian currencies crept higher on Wednesday as strong manufacturing activity across the regional economies spurred risk appetite, but dollar losses were contained as investors expect the Federal Reserve could possibly signal a June rate

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  • The Sri Lankan rupee ended steady on Wednesday as importer dollar demand was offset by exporter sales amid expectations of dollar inflows from a sovereign bond issuance and syndicated loans, dealers said. The central bank

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  • Sterling held below seven-month highs versus the dollar on Wednesday, largely brushing off positive construction data and an initial round of posturing by Britain and the European Union over Brexit negotiations. A better-than-expected construction PMI

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  • The New Zealand dollar rose on Wednesday after a strong jobs report reinforced a steady interest rate outlook for the months ahead, while the Australian dollar drifted lower. The New Zealand dollar edged up to

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  • Shanghai Futures Exchange copper slipped by 0.6 percent to 46,580 yuan ($6,757) a tonne on Wednesday as the dollar ticked higher on expectations the Federal Reserve will signal a June rate rise later in the

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    • News Desk
    • May 4th, 2017
    • Comments Off on Copper plunges on rising stocks, China fears

    Copper tumbled 3.5 percent on Wednesday after hitting a three-week high in the previous session, as supply fears were eased by a large rise in stocks and worries over Chinese demand pulled down prices of

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    • News Desk
    • May 4th, 2017
    • Comments Off on Oil mixed in choppy trading after US crude stocks data

    Oil prices were little changed on Wednesday in a volatile session as the market mulled US government data showing that while there were signs a crude glut may be receding, crude inventories remain large with

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    • News Desk
    • May 4th, 2017
    • Comments Off on LME to delay launch of precious metal contracts

    The launch of the London Metal Exchange's new precious metals contracts will be delayed until July 10, more than a month later than previously announced, it said on Monday. The new gold and silver contracts,

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  • The following were Wednesday's Rotterdam vegetable oil prices at 1600 GMT: SOYOIL EU degummed: euro tonne fob exmill May 2017 745.00 +13.00 June 2017 735.00 July 2017 730.00 August 2017/October 2017 725.00 +8.00 November 2017/Jan18

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  • The following were Wednesday's Rotterdam vegetable oil prices at 1600 GMT: SOYOIL EU degummed: euro tonne fob exmill May 2017 745.00 +13.00 June 2017 735.00 July 2017 730.00 August 2017/October 2017 725.00 +8.00 November 2017/Jan18

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