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US Corn and Futures Rallies In Last Trade

Sharp gains were seen in U.S. soybean and corn futures on the account of decline in crop ratings and possible resolution to the U.S.-Chinatrade battle. Corn was up 6-1/2 cents at $ 3.61-3/4 a bushel, while oybean contract rose 9-3/4 cents to $ 8.55-1/2 in last trading. The U.S. Department of Agriculture on Monday said69 […]

Economic Buzz: Japan Consumer Prices Up 0.7% On Year In June

Japan consumer prices were up 0.7 percent on year in June, the Ministry of Internal Affairs and Communications said on Friday, unchanged from the May reading. Core CPI, which excludes food prices, was up an annual 0.8 percent, up from 0.7 percent in the previous month. Both overall and core CPI were up 0.1 percent […]

Commodities Buzz: Japan Core Consumer Prices Increase in June 2018

Japans core consumer prices increased in June from a year earlier owing to rising costs for energy, the government said in a report on Friday. According to the Ministry of Internal Affairs and Communications, core consumer prices, excluding fresh food prices because of their volatility, rose 0.8 percent in June from a year earlier. This […]

Currency Buzz: Rupee Tests All Time Lows Against the USD

The U.S. dollar edged higher on Friday, after following last evening comments from President Donald Trump that indicated that he wasnt n++thrilledn++ with the Federal Reserves interest-rate hikesn++remarks that raised questions about the ability of the currency to strengthen further in 2018. The market is currently predicting 2 more rate hikes from the Fed this […]

Economic Buzz: Eurozone Current Account Surplus Dropped In May

Eurozone current account surplus fell to a seasonally adjusted EUR 22.44 billion in May from EUR 29.55 billion in April, the European Central Bank reported Friday. This was the lowest since March 2015, when it totaled EUR 19.46 billion. The surplus on trade in goods and services decreased to EUR 21 billion and EUR 8 […]

Spot Market Update: Sugar Hovers Around Rs 3350 Levels

Sugar is hovering around Rs 3350 per quintal in Muzaffarnagar today. Markets have been largely unmoved after the Cabinet Committee on Economic Affairs has approved the Fair and Remunerative Price (FRP) of sugarcane for sugar season 2018-19 at Rs. 275/- per quintal for a basic recovery rate of 10%; providing a premium of Rs. 2.75/qtl […]

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