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January 12, 2024
Read the latest on Australian mining capital markets and finance news. Trust our staff of mining experts from MiningNews.net with articles on equity fundraising and the commodities market.
January 6, 2024
The global sugar market is likely to see a surge in prices in 2024 driven by an unusual dry spell in sugar-producing regions like India and Thailand. The dry spell is a knockdown effect of the climate pattern known as El Niño and is marked by above-average temperatures. Driven by warm ocean waters in the tropical Pacific, El Niño has caused extreme weather globally, leading to abnormally dry conditions in Asia and impacting sugar production. This effect leads some to say that El Ni...
December 24, 2023
MCX Gold has returned higher returns than Comex gold, when it came to peer-to-peer comparison, said Anuj Gupta, Head Commodity & Currency, HDFC Securities informed. On the YTD basis, the net gains by MCX gold is 13.55% while those by Comex are slightly lower at 11.70%. Yellow metal futures on MCX hit the lifetime high Rs 64,063 in 2023 while testing this years low of Rs 54,771. This translates into Rs 9,200 price range that it has traversed.
December 20, 2023
By Tony Obiechina, Abuja The Federal Government's aspiration to grow the nation's economy by a trillion dollars and $3 trillion within a decade respectively has found expression and allies in the nation's capital market community. President Bola Ahmed Tinubu had told the business community who gathered at the Nigerian Economic Summit in October that Nigeria's
November 15, 2023
A Bloomberg gauge of the dollar tumbled as much as 1.3 percent on Tuesday, the largest such drop since November 2022. It stayed close to the previous day’s close on Wednesday, helping propel the won and ringgit to the top of Asia’s currency rankings.
October 12, 2023
In this article, we discuss 10 best commodity ETFs to buy. If you want to skip our discussion on the commodities market, head directly to 5 Best Commodity ETFs. Agricultural commodities consist of livestock, grains, oilseeds, sugar, and cocoa, to name some. Ever since the pandemic in 2021, the commodities market was presented with a […]
October 3, 2023
HSBC maintains a bearish outlook on AUD/USD due to the impact of a strong USD and China's property market on Australia's exports. Factors such as interest rate divergence, US yield advantage, and potential superfunds hedging also contribute to the pessimistic stance.
September 20, 2023
Wednesday September 20, 2023 – President William Ruto has tapped another one of Ex-President Uhuru Kenyatta’s Cabinet Secretary. Ruto picked Phyllis Kandie, a former Cabinet Secretary of Trade and Tourism in former President Uhuru Kenyatta’s government as his economic advisor at State House. The appointment comes at a time the country is almost nose-diving economically under the advice of Economist…
May 17, 2023
On Thursday evening, May 25 until Saturday night, May 27, there will be the holiday of Shavuot 2023/5783. Despite Shavuot being the most critical holiday on the Jewish calendar, it does not get the same attention and appeal as Rosh Hashanah, Yom Kippur, Chanukah, and Pesach. The question is, Why is this so? Shavuot
January 31, 2023
If mexico does implement the ban of gmo corn saying it could be the single most devastating thing to happen to corn farming in america. >> cant even picture in my mind what this is going to do to -- like i said it is farmers, one end of the united states to the other. it doesnt matter where you sell it or what it is used for, it will have an effect. >> such a big effect because corn is the largest expo. mexico is the biggest buyer. corn prices including here in pennsylvania are set on the commod...