Archive for the January 17, 2019
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Sterling rebounded from the day's lows against the US dollar, rallying more than a cent to above $1.28 after British lawmakers voted down Prime Minister Theresa May's deal to leave the European Union by a
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The Australian and New Zealand dollars marked time on Wednesday with investors relieved the latest episode of the Brexit drama had come and gone without causing convulsions in global markets. Sentiment got a fillip when
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Most Asian currencies faltered on Wednesday as the dollar steadied overnight amidst uncertainty over the European economy and Brexit, while apprehensions about a global economic slowdown continued to dampen risk appetite. Leading declines in the
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Sri Lanka's rupee closed slightly weaker on Wednesday in thin trade due to light dollar demand from banks and importers, while worries over political uncertainty and fiscal slippage weighed on investor sentiment. The rupee ended
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The pound firmed to a two-month high against the euro on Wednesday as markets focused on a no-confidence motion against British Prime Minister Theresa May's government, a day after lawmakers defeated her Brexit divorce deal.
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Asia's gasoline crack was at a discount of 32 cents a barrel to Brent crude on Wednesday, 1 cent higher than the previous session which was near a one-week low on the back of an
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On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,656. The traded value of Metals, Energy and COTS/FX was recorded at PKR 11.101billion and the number of lots traded 19,871.Major business was
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China's iron ore futures edged higher on Wednesday, extending gains for a third straight day as traders assessed the disruption to supply following a fire at a Rio Tinto export terminal in Australia. Rio Tinto
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Following are US trade expectations for the opening of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Wednesday. Wheat goes up by 2 to 4
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India's soyameal sales to Iran are set to spike as the oil producer uses the rupees it receives for its crude exports to cover its animal feed demand amid US sanctions that have crimped the
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