Archive for the February 20, 2019
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Argentina's central bank, looking to rein in a stronger peso, has snapped up close to 1 billion US dollars in the last month, helping trim back sky-high interest rates and top up dollar reserves that
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Most Asian currencies inched lower on Tuesday as investors turned a little wary ahead of the next round of trade talks between the United States and China. The talks in Washington begin on Tuesday, and
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Sterling shot past $1.30 on Tuesday on hopes that Prime Minister Theresa May will make progress in seeking changes to her Brexit deal with the European Union, although some traders struggled to explain the size
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Asia's naphtha crack was at a two-session low of $38.15 a tonne on Monday, weighed down by high crude oil prices and weak gasoline fundamentals. Asia's gasoline crack, for instance, remained at discounts to Brent
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Most of Ivory Coast's cocoa growing regions saw no rainfall last week, raising fears for the April-to-September mid-crop, farmers said on Monday. Scarce showers during the dry season, which runs from November to late February,
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On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3676. The traded value of Metals, Energy and COTS/FX was recorded at PKR 3.427 billion and the number of lots traded 4,726. Major
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Russian wheat export prices fell last week, tracking a decline in US wheat futures to multi-month lows on indications of declining prices on the global export market, analysts said on Monday. Black Sea prices for
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Australia's wheat production fell to an 11-year low during the 2018/19 season, the country's chief commodity forecaster said on Tuesday, after an east coast drought wilted crops in the world's No. 4 exporter. Output totalled
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Chinese coal traders are halting purchases of Australian coal and coking coal as clearing times through China's customs have at least doubled to 40 days or more, four traders at major buyers told Reuters on
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The Karachi Port handled 122,584 tonnes of cargo comprising 75,382 tonnes of import cargo and 47,202 tonnes of export cargo including 2,881 loaded and empty containers during the last 24 hours ending at 0700 hours
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