Archive for the September 12, 2019
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Average daily foreign exchange trading volumes rose 9% year-on-year in August, CLS said on Wednesday, as concerns about the health of the global economy sparked an increase in currency trading activity. CLS, a major settler
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Asian currencies clung to tight ranges on Wednesday as investors awaited directional cues from major central bank meetings although the prospect of fresh stimulus and signs of easing in Sino-US trade tensions supported some export-focused
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Sterling was steady on Wednesday, lingering below a six-week high against the dollar reached on Monday, as investors assessed the chances Prime Minister Boris Johnson can strike a Brexit deal with the European Union before
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Chinese iron ore futures rose for a second day on Tuesday on expectations the country will enact more economic stimulus measures that would boost steel demand in the world's largest consumer of the metal. The
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On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,220. The traded value of Metals, Energy and COTS/FX was recorded at PKR 4.857 billion and the numbers of lots traded were 7,150.
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European wheat futures in Paris on Tuesday rose to their highest in almost two weeks, supported by fresh gains in Chicago as global weather risks encouraged markets to recover from recent lows. Harvests in Australia
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Chicago Board of Trade soyabean futures rose on Tuesday in a short-covering bounce ahead of a US government crop report due later this week and as late-developing crops in parts of the Midwest sparked concerns
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The Karachi Port handled 113,096 tonnes of cargo comprising 81,123 tonnes of import cargo and 31,973 tonnes of export cargo including nil loaded and empty containers during the last 48 hours ending at 0700 hours
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Not a single deal reported on the cotton market on Wednesday as mills were conspicuous by their absence, dealers said. The official spot rate was unchanged at Rs 8100, they added. In ready session, no
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Chicago Board of Trade wheat futures rose for a second session on Tuesday on short-covering ahead of a US government crop report due later this week and on spillover support from higher corn futures, traders
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