Archive for the January 9, 2018
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Spot basis bids for corn and soyabeans were unchanged at most processors and elevators of US Midwest on Friday, grain dealers said. Farmer selling was slow. Although the basis was mostly steady, bids rose by
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ICE Canadian canola futures eased on Friday, snapping a four-day winning streak, pressured by strength in the Canadian dollar and a lack of export demand. Canola pared losses in late trading, and a trader said
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Chicago Board of Trade soyabean futures rose on Friday, supported by concerns about adverse crop weather in South America, traders said. A weaker-than-expected export sales report kept the gains in check. Soyameal futures also firmed
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The Karachi Port handled 299,934 tonnes of cargo comprising 248,482 tonnes of import cargo and 51,452 tonnes of export cargo including 5,591 loaded and empty containers during the last 48 hours ending at 0700 hours
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US wheat futures fell on Friday on a round of profit-taking and a bearish export report from the US Agriculture Department, traders said. The benchmark Chicago Board of Trade March soft red winter wheat contract
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South Korean foreign exchange authorities were suspected of buying dollars in the market on Monday, two currency traders told Reuters, as the won strengthened to a more than three-year intraday high. The two foreign exchange
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The dollar inched higher against a basket of major peers on Monday as data showing slower US jobs growth did little to dent expectations for further Federal Reserve interest rate increases this year. The dollar's
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The dollar hit a more than one-week high against a basket of other major currencies on Monday, helped by a pullback in the euro as investors took profits after the common currency's recent rally. The
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The euro slipped a third of a percent on Monday as investors took profits after a recent rally though currency markets remained bullish about the outlook for the single currency on the backdrop of a
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Most emerging Asian currencies traded within a tight range on Monday, as positive sentiment towards them from a rise in global risk appetite was somewhat offset by a recovery in the US dollar. Asian shares
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