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Archive

Markets - Commodities

Saturday, December 7, 2019

US MIDDAY: Gold slips
Commodities

US MIDDAY: Gold slips

Gold slid 1% on Friday as strong US jobs data renewed bets the Federal Reserve would stand pat on interest rates and also boosted demand for riskier assets, while supply-squeezed palladium soared to a new record high.
Published 07 Dec, 2019 12:00am
US MIDDAY: Soya futures rise
Commodities

US MIDDAY: Soya futures rise

US soya futures rose for a fourth consecutive session on Friday as China said it would waive import tariffs for some American farm products, renewing optimism for a possible trade agreement between Washington and Beijing.
Published 07 Dec, 2019 12:00am
Gold falls in Europe
Commodities

Gold falls in Europe

Gold slid 1% on Friday as strong US jobs data renewed bets the Federal Reserve would hold pat on interest rates and boosted demand for riskier assets, while supply-squeezed palladium soared to a new record high.
Published 07 Dec, 2019 12:00am
Gold prices down in Asia
Commodities

Gold prices down in Asia

Gold prices slipped on Friday after China's announcement to waive import tariffs on some American goods, but bullion was still poised for a weekly gain ahead of a US jobs report that could offer further insight on the state of the economy.
Published 07 Dec, 2019 12:00am
Gold moves higher in New York
Commodities

Gold moves higher in New York

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 07 Dec, 2019 12:00am
Palm oil jumps 1.4pc as production set to plunge
Commodities

Palm oil jumps 1.4pc as production set to plunge

Malaysian palm oil futures touched a more than 2-year high on Friday and overtook soyaoil on the Chicago Board of Trade for the first time in almost nine years as speculation grew that production in November fell more than first thought.
Published 07 Dec, 2019 12:00am
Tokyo rubber down on profit-taking
Commodities

Tokyo rubber down on profit-taking

Tokyo Commodity Exchange (TOCOM) futures hit a 5-1/2-month high on Friday amid tighter supply expectations after top producers said they were considering export curb, but ended lower as investors locked in profits ahead of the weekend.
Published 07 Dec, 2019 12:00am
CBOT corn futures lower
Commodities

CBOT corn futures lower

Chicago Board of Trade corn futures ended lower for the third day in a row on Thursday, pressured by weak demand on the export market.
Published 07 Dec, 2019 12:00am
India's October rice exports fall
Commodities

India's October rice exports fall

India's rice exports in October fell 42% year-on-year to 485,898 tonnes, government data showed on Thursday, due to weak demand from African countries for non-basmati rice.
Published 07 Dec, 2019 12:00am
China's hot-rolled steel coil futures rise for 6th day
Commodities

China's hot-rolled steel coil futures rise for 6th day

Hot-rolled steel coil futures in China rose for a sixth straight session on Thursday, supported by falling inventories of the material used in making cars and home appliances, and boosted by a surprise growth in factory activity last month.
Published 07 Dec, 2019 12:00am