Archive for the January 18, 2019
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Russian President Vladimir Putin on Thursday called for stability in the Balkans during a visit to Serbia, a key Moscow ally in the volatile region. After arriving to a rousing red-carpet welcome in Belgrade, Putin
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Benchmark Tokyo rubber futures rose to a one-week high on Thursday, supported by China's move to inject liquidity into the financial system and hopes of some measures by top producers to help shore up prices.
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Aluminium fell on Thursday after a vote by US lawmakers cleared the way for sanctions to be lifted on major producer Rusal, potentially increasing supply. The US Senate on Wednesday rejected legislation to keep sanctions
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Oil prices steadied on Thursday, boosted by a rebound in US equities, after earlier losses on fears about surging US crude production and a weakening global economy. Brent crude oil futures were down 14 cents
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Raw sugar futures on ICE fell on Thursday, pulling away from the previous day's more than two-month high, as weakness in energy markets and Brazil's currency dragged prices lower. March raw sugar settled down 0.32
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Malaysian palm oil futures reversed losses in its second half of trade on Thursday, rising to a one-week peak as sentiment turned bullish on higher price forecasts from an industry conference. The benchmark palm oil
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Palladium rose to a record high on Thursday on lower supply concerns and rising demand for the metal used in auto catalysts, while gold held steady as a firmer dollar offset expectations of a pause
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Palladium surged past $1,400 for the first time on Thursday, driven by a deficit in the auto-catalyst metal and robust demand, while gold held firm on concerns surrounding a US government logjam and Brexit. Spot
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US corn, soyabean and wheat futures climbed for a second straight session on Thursday in a short-covering and technical bounce following a steep drop earlier this week. Gains in wheat ignited the rally as hopes
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Palladium surpassed the $1,400 mark for the first time in early New York trade on Thursday, as demand for the auto-catalyst metal overtook its availability in the market, while gold edged lower as the dollar
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