Monday 27 June 2016
 
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Commodity

Saudi consumer sentiment strong despite low oil prices

Despite the free fall in oil prices in 2015, Saudi Arabia’s consumer appetite for spending remains strong, with most Saudis envisaging an increase in their spending on general discretionary products, a report said. The consu

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Commodity currencies at 10-month highs

Commodity currencies like the Australian and New Zealand dollars soared to 10-month highs against the US dollar, drawing support from oil prices which stabilised from a slide and underpinned broad risk sentiment in global markets.

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Commodity currencies at 10-month highs

Commodity currencies like the Australian and New Zealand dollars soared to 10-month highs against the US dollar, drawing support from oil prices which stabilised from a slide and underpinned broad risk sentiment in global markets.

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Oil dips as commodity prices rally pauses

Oil prices dipped in Asian trade on Tuesday, giving up gains from the previous session after data showed US crude inventories fell for the first time since January and as commodity prices paused from their recent rally. US crude f

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Oil steadies on gasoline demand

Oil prices steadied on Thursday at around $46 per barrel, as demand for gasoline and technical buying after a sharp fall the previous day offset worries about a large global supply glut. Brent crude futures were $45.83 by 1039 GMT

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Commodity price slump sends ripples across the globe

In the boom times when the price of gold was soaring, Ebenezer Sam-Onuawonto had a dream job and a dollar salary many times the national average in this mining town in southwestern Ghana. When the price fell, he lost his job as hu

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Thomson Reuters adds commodity monitoring tool

Thomson Reuters has added a tool to monitor and display the flow of commodities along the physical supply chain to its financial markets desktop Eikon. The new tool, ‘Commodity Flows,’ will provide commodity market pro

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DMCC hosts first Islamic commodity trade

The Dubai Multi Commodities Centre (DMCC) has hosted the first transaction on its new sharia-compliant commodity trading platform, a deal done between two local banks, company officials told Reuters on Monday. The Dh50 million ($1

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Global resources 'face pressure over output'

In the final decade of the 20th century alone, 23 per cent of all output was generated at a rapid pace, putting a great stress on resources, according to a leading economic expert. The trade-off between growth and commodity growth

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Reuters launches new interactive map

Thomson Reuters has added an interactive map for monitoring the impact of weather, natural disasters and political events on commodity production and freight to its flagship desktop, Thomson Reuters Eikon. Interactive Map allows c

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