Archive for the September 5, 2019
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Emerging Asian currencies rose on Wednesday after weak US manufacturing readings dented the dollar, while the yuan found support from a survey showing robust services sector activity in China last month. The greenback pulled back
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Sterling jumped briefly above $1.22 Wednesday for the first time since Aug. 30 as investors became slightly more optimistic about Brexit after British lawmakers seized control of the parliamentary timetable to try to block a
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Chicago Board of Trade soyabean futures closed narrowly mixed on Tuesday, with nearby contracts pressured by spillover weakness from declines in corn and wheat, traders said. CBOT November soyabeans settled down 1/2 cent at $8.68-1/2
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Chicago Board of Trade wheat futures fell on Tuesday as ample world supplies underscored strong competition for global export business, traders said. CBOT December soft red winter wheat settled down 9 cents at $4.53-1/2 per
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European wheat futures in Paris fell to fresh lows on Tuesday as large harvest supplies and stiff export competition continued to depress sentiment. Falling in US wheat futures in Chicago also undermined EU prices. Benchmark
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US natural gas futures rose over 3% to a seven-week high on Tuesday on forecasts for warmer weather and higher cooling demand next week than previously expected. Front-month gas futures for October delivery on the
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The Karachi Port handled 197,799 tonnes of cargo comprising 139,863 tonnes of import cargo and 57,936 tonnes of export cargo including 9,939 loaded and empty containers during the last 24 hours ending at 0700 hours
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Some leading mills indulged in forward buying of lint following the Muharram holidays, dealers said on the cotton market on Wednesday. The official spot rate was unchanged at Rs 8000, they added. In ready session,
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Chinese iron ore futures rose more than 4% on Tuesday, extending gains into a fourth session, as steel mills restocked raw materials even though top steelmaking cities carried out anti-pollution curbs. The most-traded iron ore
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At least 18 people have been killed and up to 16 injured after a massive explosion at a firecracker factory in northern India, as rescuers battle the flames in the search for survivors. Nearby cars
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