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Markets - Commodities

Wednesday, February 5, 2020

US MIDDAY: Gold falls
Commodities

US MIDDAY: Gold falls

Gold slid more than 1% on Tuesday as China's steps to mitigate the economic impact of the coronavirus epidemic drove some investors away from safe havens and back into riskier assets. Spot gold fell 1.61 % to $1,550.69 per ounce by 1:40 p.m. EST (1840 GMT
Published 05 Feb, 2020 12:00am
Canadian canola futures rise
Commodities

Canadian canola futures rise

ICE Canadian canola futures rose on Monday after tumbling to a nearly three-month low on Friday amid ongoing fears about the potential impact an outbreak of coronavirus in China could have on the global economy. Oilseed markets appear to have stabilized a
Published 05 Feb, 2020 12:00am
CBOT corn futures lower
Commodities

CBOT corn futures lower

Chicago Board of Trade corn futures ended lower on Monday on disappointing weekly export data and worries about an economic hit to China as the coronavirus continued to spread, traders said. CBOT March corn settled down 2-1/2 cents at $3.78-3/4 per bushel
Published 05 Feb, 2020 12:00am
French January wheat shipments at six-year high
Commodities

French January wheat shipments at six-year high

Soft wheat exports from French ports stayed at a six-year high in January despite intermittent docker and tug boat strikes that saw shipments delayed for up to three weeks in some cases, Refinitiv data showed on Monday. About 1.33 million tonnes of soft w
Published 05 Feb, 2020 12:00am
CBOT wheat futures mostly higher
Commodities

CBOT wheat futures mostly higher

Chicago Board of Trade wheat futures closed mostly higher on Monday, with the March contract turning up on bargain buying and short-covering after dipping to a 3-1/2 week low, traders said. CBOT March soft red winter wheat settled up 1-3/4 cents at $5.55-
Published 05 Feb, 2020 12:00am
Copper bounces
Commodities

Copper bounces

Copper bounced on Tuesday as traders and funds reversed bets on lower prices after China's central bank moved to offset the damage to economic growth and demand from the coronavirus in the top consumer. Traders said consumers not wanting to miss the oppor
Published 05 Feb, 2020 12:00am
Gold slips, palladium jumps in Europe
Commodities

Gold slips, palladium jumps in Europe

Gold slid more than 1% on Tuesday as Chinese steps to mitigate the economic impact from the coronavirus epidemic drove some investors away from safe havens and back into riskier assets. Spot gold was down 1.4% at $1,553.79 per ounce by 1555 GMT, after hit
Published 05 Feb, 2020 12:00am
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