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Thursday, October 24, 2019

Tag: commodities

Oil set for biggest weekly loss since July on demand pessimism

Futures in New York edged higher Friday but are down around 6% this week.

No need to fear European palm oil boycott, says commodities expert

A former economics lecturer says even if Europe completely stops the use of palm oil tomorrow and prices drop, the market will find ways to put the commodity to its best use.

Oil heads for best week on pause in US-China trade hostilities

The pause on trade hostilities between the US and China has had a positive effect on oil prices.

Indonesia’s tax collection target at risk as trade war impact weighs

The US-China trade war has hurt demand for raw materials, prompting authorities to project a wider fiscal deficit and increased borrowing from bond markets.

Give us bigger share under 12MP, urges primary industries ministry

Minister Teresa Kok says this is necessary as the commodities industry is a major contributor to the country’s revenue.

Will lower coffee bean prices impact prospects for property?

Although there are big savings to be made for the everyday man, saving for that downpayment still depends on a drinker’s habits.

Fears of a recession after fall in exports and imports

Economist Barjoyai Bardai calls for a focus on services, as Malaysia is too reliant on commodities.

Goldman further shrinks commodities trading

Sources say the cuts were announced this week following an annual review of headcount across all divisions and regions.

Gold breaks five-week low as market rally pauses

Gold prices rally after a more than five-week low.

Asian markets rise as broadly positive week draws to a close

Good readings on US economic growth and optimistic comments from the White House lift investor sentiment,

Asian markets mixed as Kashmir tensions hit rally

Regional investors were in a broadly upbeat mood owing to optimism about a China-US trade deal.

Asian markets slip after trade-fuelled surge, sterling gains

Observers warned that failure to meet market expectations could lead to a sharp drop in global equities.

Stocks climb with bonds before Trump-China meeting

Markets are cautiously optimistic as US President Donald Trump is set to meet with China’s top trade negotiator in Washington on Friday.

Stocks higher tracking US-China trade hopes, UK political turmoil

The FTSE 100 index was higher overall despite a near 16% slump in the share price of British supermarket group Sainsbury's.

Palladium breaks US$1,500 barrier in record run; gold rises

Supply deficit is likely to widen this year as stricter emissions standards increase demand for catalytic converters.

Asian markets fall on US-China talks, gloomy growth forecasts

Tokyo led the slump, while Hong Kong returned from the three-day Lunar New Year break in the red.

Stellar US jobs report fails to light up markets

Wall Street opened mixed, with the Dow adding 0.3% in the first minute of trading.

London stocks rally, pound firmer before Brexit votes

Oil prices rebounded gently, having tumbled the previous day on worries over a slowing global economy and political instability in key producer Venezuela.

Asian markets down with Wall St as Huawei hangs over trade...

While the majority of Asian markets fell Tuesday they did pare their losses and some even edged into positive territory.

Eurozone stocks hang onto gains as ECB warns of growth risks

Eurozone stocks held onto their gains in afternoon trading, while the euro clawed back ground against the dollar.

Markets mixed as dealers battle uncertainty

US investors turned sellers on Tuesday after Washington rejected Beijing's offer of preparatory discussions ahead of the next round of high-level negotiations.

Asian markets post fresh gains, China growth slows to 28-year low

Regional equities picked up after Bloomberg said Beijing had pledged to ramp up spending on US goods over the next five years.

Asian markets boosted by fresh China-US trade hopes

Oil prices rose on the China-US tariffs report and after Opec said it had cut output.

Palladium scales new peak on supply deficit; gold steady

A firmer US dollar meanwhile kept a cap on gold.