Archive for the August 21, 2019
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The Turkish lira hit its weakest level against the dollar in nearly a month on Tuesday after the central bank reduced the required reserves ratio for banks with loan growth rates above 10% in a
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Most emerging Asian currencies declined on Tuesday, as the dollar firmed on hopes for fresh stimulus from global policymakers while the yuan, a bellwether for regional peers, weakened. Investors widely expect the US Federal Reserve
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The Australian dollar inched higher on Tuesday as investors pared wagers on another early cut in domestic interest rates, while increasing speculation of fiscal stimulus globally aided risk appetite. The move was modest, with the
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Sterling briefly rebounded from near three-year lows versus the euro on Tuesday after German Chancellor Angela Merkel said the European Union would think about practical solutions regarding the post-Brexit Irish border. Though the British currency
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Rains last week in most of Ivory Coast's cocoa growing regions were below average but dew and good soil moisture content augured well for the next October-to-March main crop, farmers told Reuters on Monday. The
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On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,082. The traded value of Metals, Energy and COTS/FX was recorded at PKR 5.876 billion and the numbers of lots traded were 7,618.
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Prices of Russian wheat exports fell last week after a higher than expected US Department of Agriculture (USDA) estimate of this year's US corn crop caused a sharp slide in Chicago grain futures, a global
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Chicago Board of Trade soyabean futures closed lower on Monday after beneficial rains crossed the US Midwest crop belt over the weekend, bolstering prospects for the 2019 soya harvest, traders said. CBOT November soyabeans settled
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US natural gas futures settled slightly higher on Monday, having earlier fallen as much as 3% on expectations of higher gas production and cooler temperatures, as ongoing hot weather lifted prices. Front-month gas futures gained
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The Karachi Port handled 128,118 tonnes of cargo comprising 94,343 tonnes of import cargo and 33,775 tonnes of export cargo including 2,624 loaded and empty containers during the last 24 hours ending at 0700 hours
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