Archive for the January 3, 2019
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President Donald Trump warned Wednesday the US federal government may not fully reopen any time soon, as he stood firm on his demand for billions of dollars in funding for a border wall with Mexico.
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Copper prices hit 3-1/2 month lows on Wednesday as worries about economic and demand growth in top consumer China were reinforced by manufacturing data. Benchmark copper on the London Metal Exchange ended 2.1 percent down
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China issued its first batch of crude oil import quotas for 2019 on Wednesday at a lower volume than for the same batch a year ago though expectations are for the volumes to climb later
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Oil prices rose about 2 percent in choppy trading on Wednesday, supported by a slight recovery on Wall Street, even as concerns remained about weakening global economic growth which could hurt demand for oil. Brent
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Ivory Coast is on track for a record cocoa harvest in the 2018/19 season of 2.2 million tonnes, up from about 2 million tonnes last season, due to favourable weather and new plantations, farmers, exporters
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Malaysian palm oil futures rose to their highest in nearly two weeks on the first trading day of 2019, after world's largest edible oil importer India announced import tax cuts, amid expectations of a fall
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Farm office FranceAgriMer cut its forecast of French 2018/19 soft wheat exports within the European Union on Wednesday, mainly due to lower shipments to Spain where the harvest has rebounded after severe drought damage last
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Raw sugar futures on ICE hit a three-month low on Wednesday, dragged down by concerns about a global economic slowdown while cocoa also fell. March raw sugar settled down 0.1 cent, or 0.83 percent, at
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Gold scaled a more than six-month peak on Wednesday as the dollar fell along with Asian equities after disappointing data from China cemented fears of a slowdown in global economic growth. Spot gold was up
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Gold rose to its highest level in 6-1/2 months on Wednesday as weak factory activity data in Europe and Asia compounded concerns of a global economic slowdown and weighed on stock markets, increasing the precious
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