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Archive

Markets - Commodities

Friday, January 17, 2020

US MIDDAY: Gold slips
Commodities

US MIDDAY: Gold slips

Gold slipped on Thursday, as the safe-haven metal was hurt by upbeat US economic data that signalled a healthy economy, and as stock markets climbed on optimism brought about by the signing of the US-China Phase 1 trade deal.
Published 17 Jan, 2020 12:00am
US MIDDAY: Soya, corn and wheat down
Commodities

US MIDDAY: Soya, corn and wheat down

US soyabean futures hit a one-month low on Thursday and corn and wheat futures also fell on doubts about whether China will make the purchases from the United States promised in a trade deal between the two countries, analysts said.
Published 17 Jan, 2020 12:00am
Copper hovers around 8-month highs
Commodities

Copper hovers around 8-month highs

Copper touched an eight-month high on Thursday after the United States and China inked an initial deal in a prolonged trade dispute, boosting hopes for a revival in metals demand.
Published 17 Jan, 2020 12:00am
Euronext wheat futures rise to one year high
Commodities

Euronext wheat futures rise to one year high

Euronext wheat futures extended a rally on Wednesday to a new one year high as transport snags caused by strikes in France and uncertainty over Russia's export policy kept attention on tightening global supply.
Published 17 Jan, 2020 12:00am
China's iron ore futures wobble amid supply concern
Commodities

China's iron ore futures wobble amid supply concern

Benchmark Dalian iron ore futures seesawed within a tight range on Wednesday as shrinking inventory of the steelmaking raw material at China's ports kept investors wary about supply prospects, while thin trade volumes suggest waning demand.
Published 17 Jan, 2020 12:00am
CBOT soyabean falls to one month low
Commodities

CBOT soyabean falls to one month low

Chicago Board of Trade soyabean futures hit one month low on Wednesday despite the signing of an initial US trade pact with China, the world's biggest soya importer, as traders focused on uncertainty about the terms of the deal and declines in soyaoil.
Published 17 Jan, 2020 12:00am