Archive for the September 18, 2019
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Turkey's lira firmed on Tuesday, outperforming other emerging market currencies, after a Reuters report that Saudi Arabia's oil output will return to normal levels quicker than expected following the weekend attacks on its production facilities.
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Most Asian currencies weakened on Tuesday against a stronger dollar, with the South Korean won leading declines, as heightened Middle East tensions and the US Federal Reserve's upcoming meeting curbed risk appetite. Investors adopted a
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Sterling headed towards six-week highs against the dollar on Tuesday as investors continued to cut their short positions, even as Prime Minister Boris Johnson stuck to his pledge to take Britain out of the European
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Latin American currencies slumped on Tuesday as investors shied away from riskier assets ahead of key central bank meetings, while concerns over geopolitical tensions stemming from attacks on Saudi oil facilities lingered. MSCI's index of
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South Africa's rand extended its losses on Tuesday to a one-week low as heightened tensions in the Middle East after the weekend attack on Saudi Arabia's crude oil facilities soured risk demand globally. At 1530
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On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,310. The traded value of Metals, Energy and COTS/FX was recorded at PKR 9.223 billion and the numbers of lots traded were 17,494.
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Chicago Board of Trade soyabean futures climbed on Monday to their highest since July on spillover support from a rally in crude oil, traders said. CBOT November soyabeans settled up 1-1/4 cents at $9.00 per
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Export prices for Russian wheat fell for a seventh straight week last week due to strong competition with other producers, analysts said on Monday. Black Sea prices for wheat with 12.5% protein content were down
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Euronext wheat was higher on Monday, holding near a three-week high as fresh gains in Chicago and a sharp drop in the euro countered demand worries fuelled by an Algerian tender showing a later than
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Chinese steel futures hit 1-1/2-month highs on Monday as investors hoped that Beijing would roll out more stimulus measures after latest economic indicators showed deepening slowdown in the world's second-largest economy. The most-active construction steel
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