Archive for the February 2, 2019
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Aluminium prices dropped on Friday, pressured by concern over excess supply after the top producer said it would resume some output, while some base metals were weighed down by weak Chinese factory data. Other metals
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US sanctions will sharply limit oil transactions between Venezuela and other countries and are similar to but slightly less extensive than those imposed on Iran last year, experts said on Friday after looking at details
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Oil prices rose about 3 percent on Friday, rising on upbeat US jobs data and signs that US sanctions on Venezuelan exports have helped tighten supply, then extending gains after weekly data showed US drillers
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ICE cotton futures settled nearly unchanged on Thursday, as the market awaited progress in the trade talks between top exporter the United States and China, the biggest consumer of the natural fiber. The most active
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The world sugar market is on course for a shortfall of 1.36 million tonnes (raw value), analyst Green Pool said on Friday in its first forecast for the 2019/20 season. It also trimmed its projection
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Benchmark Tokyo rubber futures rose on Friday, tracking gains in Shanghai futures, on falling output and market expectation for stronger demand after the Chinese New Year holiday. Tokyo Commodity Exchange (TOCOM) futures, which set the
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Arabica coffee futures on ICE fell on Friday on a weaker currency in top grower Brazil and the front-month contract posted a weekly loss for the first time in seven weeks, while raw sugar slipped.
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Gold prices were steady on Thursday, having earlier hit their highest in nine months, after the US Federal Reserve kept interest rates steady and said it would be patient on further hikes, keeping bullion on
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Gold fell on Friday as investors sought riskier assets amid optimism the United States and China may reach a trade deal, although a pause in US interest rate hikes kept bullion on track for a
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Gold steadied on Friday after hitting a nine-month peak in the previous session, as the market awaited US jobs data for indications on the strength of the world's biggest economy. A more dovish US Federal
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