KUALA LUMPUR: Malaysian palm oil futures rose to a one-week high on Wednesday evening, supported by gains in rival edible oils. The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange was up 0.6 percent at 2,485 ringgit ($636.04) a tonne at the close. It earlier...
SINGAPORE: Palm oil may bounce into a range of 2,403-2,420 ringgit per tonne, as suggested by a projection analysis and the hourly RSI. The contract is riding on a wave c, which has been disrupted by two bounces around 2,367 ringgit and 2,347 ringgit, respectively the 107 percent and the...
LONDON: The price of copper rose on Monday as higher imports to China and strong economic data cemented expectations of solid demand from the world's biggest metals consumer. Rising global stock markets also fuelled appetite for riskier assets including metals, said Societe Generale analyst Robin Bhar. "Both macro and micro factors...
  NEW YORK/LONDON: Gold prices clung to earlier gains and were poised for their first weekly gain in four weeks on Friday, withstanding pressure from strong equities markets on continued support from this week's interest rate rise by the Federal Reserve. Spot gold was up 0.19 percent at $1,255.12 per ounce...
TOKYO: The dollar slipped from a four-week high against a basket of currencies on Wednesday after a Democrat won a bitter fight for a U.S. Senate seat in deeply conservative Alabama, reducing Republicans' already narrow Senate majority further. The reduced Senate majority could make it harder for President Donald Trump...
LONDON: The dollar consolidated gains on Wednesday as markets remained cautious about trade talks between the United States and Canada, as protracted weakness in China's currency weighed on sentiment. With market appetite for taking risk limited - an Asian equity index is down for the 10th consecutive day and emerging...
LONDON: The dollar edged towards a one-year high on Monday as trade war rhetoric between the United States and its trading partners helped the US currency. Chinese stocks slumped nearly 2 percent as Beijing proposing tariffs on $60 billion worth of US goods on Friday, while a senior Chinese diplomat...
BENGALURU: Gold prices were steady on Tuesday, after moving in a tight range in holiday-thinned trading, holding above the 1,220 level as the dollar was pressured by weak US economic data and a clouded interest rate outlook. Spot gold was little changed at $1,224.45 per ounce at 0735 GMT. US gold...
Euro nears recent 3-year high on dollar weakness LONDON: The euro rose a third of a percent on Monday on expectations the European Central Bank will maintain its current monetary policy at a meeting this week and not signal a dovish tilt. Dollar weakness, exacerbated by a US government shutdown and...
CHICAGO: Following are US trade expectations for the resumption of the grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Wednesday. WHEAT - Flat to down 2 cents per bushel Consolidating in technically driven trade after dropping to a two-week low in...
ISTANBUL: Turkey's lira and stocks rose on Monday on hopes of a thaw in relations between Ankara and Washington while a late rally last week on Wall Street offered little respite for other emerging market stocks, which hovered near 1-1/2-year lows. Emerging markets were under pressure on worries of the...