Sugar futures on ICE rebounded sharply above 2-1/2-year lows on Monday on short-covering after falling on pressure from concerns about oversupply, while cocoa prices tumbled more than 3 percent on profit-taking late in the session. May raw sugar settled u
Gold prices extended losses into a fourth session on Monday and hit a more than two-week low, with the dollar remaining supported as investors expect the US Federal Reserve to raise interest rates this week. Spot gold was down 0.2 percent at $1,310.03 per
Gold touched its lowest in more than two weeks on Monday as markets remained nervous ahead of a US central bank meeting that could raise interest rates and signal three more increases this year. The price of gold has bounced after each of the five previou
US wheat futures slid to six-week lows on Monday as much-needed rain and snow fell in dry areas of the southern Plains, pushing most-active K.C. hard red winter wheat futures down more than 5 percent, traders said. Soyabean futures sagged as beneficial we
Gold prices turned positive on weakness in equity markets after touching their lowest in more than two weeks on Monday ahead of a US central bank meeting that could raise interest rates and signal three more increases this year. Global equities were stuck
Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Asia's naphtha crack slipped from a 2-1/2 month high to a two-session low of $84.60 a tonne on Friday but was still 8.2 percent higher than a month ago as supplies tightened.
Soyameal on the European meals and feeds market rose on Friday on concerns over the size of the Argentine soyabean crop after a long, dry spell. The Rosario Grains Exchange cut its estimate of the Argentine soyabean harvest to 40 million tonnes from 46.5
Shanghai steel futures dropped on Friday as Chinese producers ramp up output with the lifting of winter curbs aimed at fighting smog. China shut down up to half of its steel production during winter in 28 cities in the country's manufacturing heartland in
US winter wheat futures fell 2 percent or more for the second straight session on Friday, pressured by forecasts for rains arriving this weekend that could benefit plants in Kansas and Nebraska, traders said. It was the best chance in months for rains in
Palm oil prices on the European vegetable oils market mostly eased on Friday, tracking a dip in Malaysian palm oil futures on forecasts for improved production during March. Asking prices for palm oil were between unchanged and $7.50 a tonne lower after M
US natural gas speculators boosted their net long positions for a second week in a row, betting prices will rise as exports increase and inventories remain well below normal for this time of year. Speculators in four major New York Mercantile Exchange (NY
Euronext wheat edged lower on Friday, tracking weakness in Chicago futures as forecasts of rain in some drought-hit US growing belts shifted the focus back towards ample global supply. May milling wheat on Paris-based Euronext was down 0.50 euros, or 0.3
Brazilian mills are doing everything they can to keep raw sugar off the global market as Brazil's cane harvest kicks off, to avoid worsening a glut that has driven prices to their lowest in two years. With the benchmark raw sugar contract trading below 13
Prices sustained present levels on the cotton market on Monday in the process of moderate trading, dealers said. Official spot rate was unchanged at Rs 7500, they added. In Sindh and Punjab seed cotton prices were at Rs 2800-3100, they said. In the ready
On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,237. The traded value of Metals, Energy and COTS/FX was recorded at PKR 4.777 billion and the number of lots traded was 8,827.
Chicago Board of Trade soyabean futures were up the second straight session on Friday, buoyed by investment fund buying linked to expectations for a smaller Argentine soya harvest, traders said. Soyabeans were further supported by bargain hunting in the w
Gasoline refining margins fell on Friday, under pressure from a surplus of supplies and weak demand. Traders are storing gasoline on tankers off Europe's coasts as they struggle to contain a steady rise in supplies since the start of the year that has wei
The Karachi Port handled 402,219 tonnes of cargo comprising 287,853 tonnes of import cargo and 114,366 tonnes of export cargo including 6,839 loaded and empty containers during the last 24 hours ending at 0700 hours on Monday. The total import cargo of 28
Ukraine's exports of white beet sugar have fallen about 44 percent to 290,900 tonnes so far this season due to unfavourable market conditions, sugar producers' union Ukrtsukor said on Monday. Ukraine reported output of 2.14 million tonnes of white sugar f
China's yuan inched lower against the US dollar in thin trade on Monday, reacting to some slight strength in the greenback, while the market took the appointment of China's new central bank governor in stride. Yi Gang, a vice governor of the People's Bank
The dollar inched higher against a basket of major peers on Monday as traders braced for new Federal Reserve Chair Jerome Powell's first monetary policy meeting this week, and as the increased threat of trade protectionism kept markets on edge.
The euro rose on Monday after a Reuters report that European Central Bank officials were shifting their debate from bond purchases to the expected path of interest rates, reviving bets that the ECB may raise rates sooner than previously thought.
The dollar was little changed on Monday after four straight weeks of gains as financial markets looked for the first rate increase of the year from the US Federal Reserve. Markets will be focused on whether Fed policy makers forecast four rate increases t
The Sri Lankan rupee touched an all-time low on Monday on dollar demand from importers, but selling of the US greenback by exporters late in the day eased some pressure on the currency, dealers said. The rupee touched 156.20 per dollar intraday, matching
Most Asian currencies softened versus the dollar on Monday, marking a slow start to a potentially tense week amid caution ahead of a key US Federal meeting. Markets are bracing for Federal Reserve Chair Jerome Powell's first monetary policy meeting on Tue
First Abu Dhabi Bank, the United Arab Emirates' biggest lender, on Monday denied that it had tried to manipulate the Qatari riyal. "FAB conducts its business in accordance with the highest professional standards and complies with the laws and regulations
The Hong Kong dollar fell to a new 33-year low on Monday, inching closer to the lower end of the monetary authority's targeted trading band, as the interest rate gap between US dollar rates and their Hong Kong counterpart widened further. Because the form
Sterling surged on Monday as Britain and the European Union agreed to a 21-month post-Brexit transition period and a potential solution to avoid a "hard border" for Northern Ireland. The pound, which had already been rallying on expectations for a transit
US President Donald Trump on Monday blocked the use of Venezuelan cryptocurrencies through an executive order prohibiting such transactions by those in the United States, the White House said in a statement.
China stocks ended higher on Monday, with gains led by healthcare firms, after Beijing formed a new economic team. At the close, the Shanghai Composite index was up 0.3 percent at 3,279.25, while the blue-chip CSI300 index gained 0.4 percent to 4,074.25.
Tokyo sank on Monday as Japanese Prime Minister Shinzo Abe's political future hangs in the balance over a cronyism scandal, while Asian traders moved cautiously before a crucial US Federal Reserve meeting. After fluctuating last week on worries about a po
US stocks sank about 2 percent on Monday, with the Dow Jones Industrial Average shedding nearly 400 points, as Facebook led a selloff in technology stocks on reports that the social media company's user information was misused. Facebook shares tumbled 7.1
Australian shares recovered from early losses to end slightly higher on Monday, though trading was cautious ahead of an expected US interest rate hike later in the week. While it is widely expected that Federal Reserve will raise rates for the first time
Most Southeast Asian stock markets edged lower on Monday, in line with broader Asia, as caution gripped investors ahead of the US Federal Reserve's two-day policy meeting that starts on Tuesday. With a 25 basis point rate hike seen as a done deal, a key f
Qatar's main stock index rose nearly 1 percent on Monday as a planned increase in foreign ownership limits boosted blue-chips and helped Doha to outperform the rest of a region weighed down by weak global stocks and oil prices.
Indian shares fell on Monday, with the Nifty 50 index closing below the 10,100 mark and the BSE index finishing below the 33,000 level for the first time in over three months. The broader NSE index closed 0.99 percent lower at 10,094.25, its lowest closin
European shares fell on Monday ahead of a widely expected US interest rate hike, while earnings and M&A took centre stage with software company Micro Focus sinking and a bid for Hammerson boosting commercial real estate stocks. Micro Focus dropped 46 perc
Hong Kong stocks were barely changed on Monday as investors await Fed Chair Jerome Powell's first press conference on Wednesday amid expectations of a faster pace of US rate hike. Investors also digest the slew of new appointments by Beijing, as China for
The FTSE fell to a 15-month low on Monday after Britain and the European Union agreed on a post-Brexit transition which boosted the sterling but weighed on the internationally exposed index. Britain's top share index fell 1.7 percent to 7,042 points, its