Archive for the January 16, 2019
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The Australian and New Zealand dollars edged up on Tuesday as markets wagered a white-knuckle vote on the British government's latest Brexit plan would lessen the risk of a "no-deal" divorce, at least for the
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Most Asian units firmed on Tuesday as China signalled further supportive measures to shore up its decelerating economy, after December trade data showed exports had fallen by the most in two years, hurt by a
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Sterling fell from a two-month high versus the dollar on Tuesday and volatility levels spiked as markets braced for parliament to give the thumbs-down to British Prime Minister Theresa May's Brexit deal later in the
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CBOT March wheat may break a resistance at $5.18-1/2 per bushel, and rise to the next resistance at $5.22. These resistances are identified respectively as the 23.6 percent and the 38.2 percent projection levels of
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Asia's gasoline crack flipped to a discount on Tuesday, as pressure from high supplies pulled it back from the previous day's positive territory. The crack was at a discount of 33 cents a barrel, its
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On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,653. The traded value of Metals, Energy and COTS/FX was recorded at PKR 6.186 billion and the number of lots traded 12,797. Major
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Asia's front-month viscosity spread, the price differential between front-month 180-cst and 380-cst high-sulphur fuel oil (HSFO) swaps, hit a record low on Tuesday amid ample supplies of low viscosity materials in the Singapore trading hub,
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US soybean futures edged higher on Tuesday, rebounding from a near two-week low touched in the previous session, though gains were checked amid fears about future demand from China; the world's largest importer. Fundamentals: The
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China's steel futures came under pressure on Tuesday on renewed concerns over demand in the world's top consumer, but managed to close above session's lows on expectations of more government policy measures to stimulate a
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The Karachi Port handled 139,335 tonnes of cargo comprising 116,357 tonnes of import cargo and 22,978 tonnes of export cargo including 6,104 loaded and empty containers during the last 24 hours ending at 0700 hours
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