Archive for the January 3, 2019
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The US dollar climbed against the euro and sterling on Wednesday, starting the new year on a strong footing, but fell against the safe-haven Japanese yen as investors remained wary of slowing global growth and
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The Japanese yen rose sharply across the board on Wednesday as investors grew cautious on the first trading day of 2019 about spluttering global growth and volatile equity markets. In a bleak start to the
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The Sri Lankan rupee ended near record low on Wednesday due to continued outflows of foreign funds mainly from government bonds, as political uncertainty dented investor sentiment. The currency fell 19 percent in 2018, making
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Most Asian currencies fell on Wednesday, shrugging off broad US dollar weakness as gloomy factory surveys added to worries about cooling regional and global growth. A private survey showed manufacturing in China, the world's second-largest
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Brazil's real strengthened against the US dollar on Wednesday, a day after new President Jair Bolsonaro took power, on hopes of reform to the pension system of Latin America's top economy, while most other Latin
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Sterling fell more than 1 percent on Wednesday, reversing gains made earlier this week, as strong factory surveys failed to dispel growing concerns over Brexit negotiations and a resurgent US dollar. After a weaker start,
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The Canadian dollar strengthened against its broadly stronger US counterpart on Wednesday, paring some of its 2018 decline as higher oil prices offset domestic data showing a slowdown in manufacturing growth. At 10:14 a.m. (1514
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On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,517. The traded value of Metals, Energy and COTS/FX was recorded at PKR 5.506 billion and the number of lots traded 8,111. Major
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Asia's gasoline crack started the year at a 20 cents per barrel premium, down from 39 cents on Friday, pressured by heavy supplies. The naphtha crack also fell, dropping to $50.13 a tonne, making this
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Ukraine's grain exports rose to 23.1 million tonnes in the first half of the 2018/19 season from 20.7 million tonnes a season earlier, the agriculture ministry said on Wednesday. Ukraine said in December it harvested
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