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Reuters

Business & Finance

Sterling gains

LONDON: Demand for riskier assets on Tuesday kept sterling close to the two-month high it reached the day before,...
Published 25 Nov, 2020 02:56am
Dollar dips as Biden transition, vaccines boost risk appetite
Markets

Dollar dips as Biden transition, vaccines boost risk appetite

  • Trump acknowledged that the head of the General Services Administration should go ahead with a transition to a government led by President-elect Biden,
  • We had two big risk events taken off the table, one that the Trump administration was not going to allow for an orderly transition.
Published 25 Nov, 2020 02:29am
NY cocoa hits nine-month high; sugar falls
Markets

NY cocoa hits nine-month high; sugar falls

  • January robusta coffee settled down $25, or 1.8%, at $1,353 a tonne.
  • March white sugar fell $2.90, or 0.8%, to $408.60 a tonne.
  • March New York cocoa settled up $32, or 1.2%, at $2,785 a tonne, having touched a contract high of $2,821/
Published 25 Nov, 2020 02:27am
CBOT corn ends mostly lower on profit-taking
Markets

CBOT corn ends mostly lower on profit-taking

  • Traders were also exiting positions ahead of first notice day for deliveries against CBOT December futures contracts on Monday, Nov. 30.
  • Benchmark CBOT March corn settled down 3/4 cent at $4.32-1/2 per bushel, paring losses after trading as low as $4.23-1/4.
Published 25 Nov, 2020 02:26am
US natgas futures rose to one-week high on cooler forecasts
Markets

US natgas futures rose to one-week high on cooler forecasts

  • On its second to last day as the front-month, gas futures for December delivery rose 6.4 cents, or 2.4%, to settle at $2.775 per million British thermal units (mmBtu),
  • The January contract, which will soon be the front-month, gained 6 cents to $2.89 per mmBtu.
Published 25 Nov, 2020 02:25am