Oil prices rose slightly on Monday, continuing from a strong end to last week as financial traders increased bets on higher prices amid a slowdown in US drilling, but analysts warned fundamentals remained weak. Front-month Brent crude futures were trading up 13 cents a $ 58 a barrel by 12:19 pm, while US crude Read More
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![CDATA[ By Tina Morrison April 13 (BusinessDesk) – The New Zealand dollar may fall this week in the face of a resurgent greenback and as dairy futures suggest prices will decline at this week’s GlobalDairyTrade auction, raising concern about the outlook for the country’s largest export commodity. The kiwi may trade between 73.85 US cents Read More
The Australian bond market is slightly weaker as traders bet that an interest rate rise by the US Federal Reserve will happen sooner rather than later. Optimism about the US economy has increased the chances that a rate hike could come as early as June and has seen bond futures prices slide and the US Read More
Cotton futures fell on Thursday after a monthly US government supply and demand report showed increases in projections for United States and world inventories, outweighing the impact of a generally positive weekly export sales report. The front-month May cotton contract on ICE Futures US fell 0.51 cent, or 0.8 percent, Read More
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CHICAGO: US soybean futures fell on Thursday to their lowest levels in nearly six months after the government lifted its outlook for global inventories slightly to a new record high. Concerns about slowing global demand added pressure to soybean prices, traders said. Corn and wheat prices Read More
More than 20 times the volume a year earlier. The markets shrugged off Reserve Bank of India’s decision to leave rates unchanged at 7.5%. SGX reports that SGX INR/USD currency futures achieved a record daily volume of 32,055 contracts (over US$ 1b in notional turnover) traded on 8 April. Fresh US dollar sales by banks Read More
— Posted Friday, 10 April 2015 | | Disqus Golds bottoming consolidation grind continues, with investment demand still garroted by sky-high world stock markets and the parabolic US dollar. With investors missing in action, gold prices remain totally at the mercy of American futures speculators. These perpetually-bearish traders are once again heavily short gold, which Read More
* Futures off: Dow 15 pts; S&P 3 pts, Nasdaq 6.5 pts (Adds comment, updates prices) By Tanya Agrawal April 9 (Reuters) – U.S. stocks were set to dip at the open on Thursday after initial jobless claims rose less than expected, suggesting an abrupt slowdown in job growth in March could be temporary. Initial Read More
CHICAGO: US corn and soybean futures eased on Tuesday on pressure from abundant global supplies and weakening demand for US offerings on the export market, traders said. “The world supplies are still large. The crop in South America continues to grow as harvest continues to progress Read More