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Archive for the January 4, 2018

    • News Desk
    • Jan 4th, 2018
    • Comments Off on Palm oil up nearly three percent as demand outlook improves

    Malaysian palm oil futures surged nearly 3 percent to their highest in a month on Wednesday on expectations for strengthening demand in coming weeks. The benchmark palm oil contract for March delivery on the Bursa

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    • News Desk
    • Jan 4th, 2018
    • Comments Off on Coffee edges up, sugar retreats from five-week high

    Arabica coffee futures on ICE edged up on Wednesday as the market extended its recent advance while raw sugar prices fell back after rising to their highest level since late November. March arabica coffee was

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  • Gold extended its rally into the new year on Tuesday, touching late September highs on a softer US dollar, while spot palladium jumped to a record on fears of short supplies after soaring 57 percent

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  • Gold prices edged down on Wednesday after hitting a 3-1/2-month high, as the dollar recovered from its lows and technical indicators pointed to a short-term correction. Spot gold fell 0.4 percent to $1,312.35 an ounce

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  • Gold eased from an earlier 3-1/2 month high on Wednesday and was on track for its first day of losses in nearly three weeks as a firmer dollar pressured assets priced in the US currency.

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  • US wheat futures rose on Wednesday, led by gains in the K.C. hard red winter wheat contracts, on concerns about crop damage in key US growing regions resulting from cold conditions and sparse snow cover,

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  • Gold slid from an earlier 3-1/2-month high on Wednesday and was on track for its first day of losses in nearly three weeks as a firmer dollar pressured investments priced in the US currency. The

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    • News Desk
    • Jan 4th, 2018
    • Comments Off on Oil hits highest in 2-1/2 years on Iran tensions, economic data

    Oil prices rose about 2 percent on Wednesday to the highest in 2-1/2 years, with a sixth day of unrest in OPEC member Iran and strong economic data from the United States and Germany spurring

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  • President Donald Trump has indicated that he would cut off foreign aid to Pakistan, accusing Islamabad of harbouring violent extremists and lying about it. In his first tweet of 2018, the US President has said

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    • News Desk
    • Jan 4th, 2018
    • Comments Off on Kim’s Olympic gambit pushes Trump’s button

    US President Donald Trump is not one to hold back when it comes to indulging in nuclear and diplomatic brinkmanship with North Korea's leader whom he calls "Little Rocket Man." True to form, after Kim

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