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Sterling set for biggest 2-day fall in 7 weeks2017/08/07
LONDON: Sterling fell on Friday and is poised to post its biggest two-day decline in seven weeks after a strong U.S. July payrolls report prompted investors to cut some of their heavy bets against the dollar versus a basket of currencies.
The jobs figure beat expectations of economists polled by Reuters for a gain of 183,000 ...

Zinc climbs as Chinese steel prices surge to new peaks2017/08/07
LONDON: Zinc prices clawed higher on Friday, getting a boost from another surge in Chinese steel prices and from investors who are still bullish about shortages of the metal developing.
Chinese rebar steel futures jumped 4 percent to their highest in four years on Friday, reflecting firm demand for the building material in the world's top consumer ...

Rouble regains ground as oil prices recover2017/08/07

MOSCOW: The Russian rouble rebounded on Thursday, after a weak start, as the market's focus switched away from new US sanctions against Moscow to rising oil prices. 
The rouble firmed 0.7 percent to 60.18 versus the dollar as of 1327 GMT, recovering from its weakest level since July 11 of 60 ...

Raw sugar steadies after 6pc tumble, arabica near highs2017/08/07
LONDON: Raw sugar futures on ICE edged higher on Friday, steadying after computer-generated selling sent prices tumbling nearly 6 percent in the previous session, while arabica hovered just below 3-1/2 month highs and cocoa eased.
October raw sugar rose 0 ...

Rand inches firmer as traders await offshore events2017/08/07

JOHANNESBURG: South Africa's rand firmed a little on Friday, soothed by the Bank of England's decision to keep interest rates unchanged and traders taking cautious positions and selling dollars ahead of crucial jobs data in the United States.
By 0650 GMT the rand had gained 0 ...

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