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Archive

Markets - Commodities

Friday, December 6, 2019

CBOT corn futures lower
Commodities

CBOT corn futures lower

Chicago Board of Trade corn futures fell on Wednesday, retreating from early gains on technical selling, traders said. The benchmark CBOT March corn futures contract turned lower after failing to hold support above its 20-day moving average for the third
Published 06 Dec, 2019 12:00am
Euronext wheat futures little changed
Commodities

Euronext wheat futures little changed

Euronext wheat futures were little changed on Wednesday as the market consolidated while awaiting the outcome of a tender by Algeria, the largest overseas market for French wheat.
Published 06 Dec, 2019 12:00am
CBOT soyabean futures rise
Commodities

CBOT soyabean futures rise

US soyabean futures rose on 0.8% on Wednesday, posting their biggest percentage gain since Nov. 7, on hopes that the United States and China will come to a trade agreement in the coming weeks.
Published 06 Dec, 2019 12:00am
CBOT wheat futures firmer
Commodities

CBOT wheat futures firmer

US wheat futures firmed on Wednesday, posting a higher close on a mild technical bounce following early weakness, traders said. The benchmark Chicago Board of Trade March soft red winter wheat contract found support around its 23.6 percent retracement poi
Published 06 Dec, 2019 12:00am
US MIDDAY: Gold rises
Commodities

US MIDDAY: Gold rises

Gold edged higher on Thursday as uncertainty emerging from mixed messages on the U.S-China trade negotiations offset headwinds from positive economic data out of the United States, while deficit-hit palladium extended a record surge.
Published 06 Dec, 2019 12:00am
Tokyo rubber surges nearly 5 percent
Commodities

Tokyo rubber surges nearly 5 percent

Tokyo Commodity Exchange (TOCOM) futures on Thursday surged nearly 5% to their highest in more than five months, as sharp gains in Shanghai market prompted fresh buys amid renewed optimism over the US-Sino trade talks after positive remarks from US Presid
Published 06 Dec, 2019 12:00am
Palm oil futures at two-year high
Commodities

Palm oil futures at two-year high

Malaysian palm oil futures gained 1.6% to reach a two-year high on Thursday, underpinned by a weaker ringgit and prospects of tighter supplies next year. A weaker ringgit, palm's currency of trade, usually makes the edible oil cheaper for foreign buyers.
Published 06 Dec, 2019 12:00am
Gold settles lower in New York
Commodities

Gold settles lower in New York

Gold shrugged off earlier gains to fall on Wednesday, as a report suggesting progress on the US-China trade negotiations rekindled risk appetite, while palladium notched up a fresh peak.
Published 06 Dec, 2019 12:00am
Gold steadies in Asia
Commodities

Gold steadies in Asia

Gold prices inched up on Thursday as conflicting signals from Washington and Beijing prolonged uncertainty about a trade deal, a day after positive comments on the talks by US President Donald Trump knocked bullion off its one-month high.
Published 06 Dec, 2019 12:00am
Gold surges in Europe
Commodities

Gold surges in Europe

Gold edged higher on Thursday as uncertainty emerging from mixed messages on the U.S-China trade negotiations offset headwinds from positive economic data out of the United States, while deficit-hit palladium extended a record surge.
Published 06 Dec, 2019 12:00am
US MIDDAY: Soyabean futures up
Commodities

US MIDDAY: Soyabean futures up

US soyabean futures rose for the third straight day on Thursday, led higher by strength in the soyameal market stemming from news an Argentine soya crusher was experiencing financial stress, traders said.
Published 06 Dec, 2019 12:00am