Archive for the February 12, 2019
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The dollar rose on Monday as concerns grew that US-China talks would not heal a rift over trade between the world's largest economies and the Swiss franc slid in a mini "flash-crash". A brief 1
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The Australian dollar inched up from six-week lows on Monday helped by a rally in prices for iron ore, the country's top export earner, while its New Zealand cousin consolidated after sharp losses recently. The
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Most emerging Asian units started the week weaker against the dollar on Monday, as concerns over slackening world growth and a possible resurgence in US-China trade frictions kept investors on the sidelines. With the latest
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South Africa's rand fell to its weakest in almost three weeks on Monday as state electricity firm Eskom stepped up controlled power cuts because of a shortage of generating capacity. At 1456 PM, the rand
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Sterling weakened on Monday after data showed that Britain's economy last year grew at its slowest since 2012, with Brexit uncertainty hitting investment and the slowdown acccelerating at the end of 2018 The October-to-December quarterly
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Zinc slumped to a two-week low on Monday falling along with other industrial metals as speculators sold in response to concerns about US-China trade talks and global growth. China expressed anger on Monday at a
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Venezuela is open to barter payment arrangements with India as it seeks workarounds to US sanctions imposed in late January, Venezuelan Oil Minister Manuel Quevedo said on Monday. Caracas, which buys medicines and other products
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Oil prices edged lower on Monday as worries surrounding the resumption of US-China trade talks overshadowed support from OPEC-led supply restraint. Brent crude futures lost 59 cents, or 0.95 percent, to settle at $61.51 a
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Germany's Bayer AG is in violation of a Brazilian court order obliging it to deposit in escrow royalties paid by Mato Grosso state farmers for its Intacta RR2 Pro soya seed technology, farmers claimed on
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Malaysian palm oil futures fell over 1 percent to their lowest in nearly three weeks on Monday as traders turned bearish due to a weaker outlook for exports. The benchmark palm oil contract for April
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