There was no shortage of news for the cotton market to digest this week as ICE futures lost over 300 pts basis the K4 contract. Losses on Monday were re-couped on Tuesday ahead of the USDA's monthly WASDE report, which contained few ...
Oil prices declined Wednesday as a government report showed US crude supplies grew last year by the most in a year. The Energy Information Administration (EIA) said US crude supplies increased by 6.8 million barrels to 370.5 million ...
Tags: Oil Prices, Ample Supplies
Last week saw U.S. stock indexes climb to near record highs and the U.S. dollar fell to its largest decline in 5 weeks following the release of minutes from the Federal Reserve along with comments from Fed Chairman Ben Bernanke that ...
Stock markets in Moscow and copper mines in Chile appear to have little in common. But these are two spots where investors in New York and London have been pumping money borrowed on the cheap to seek out big returns. Aggressive monetary ...
Tags: Tapering Waves
After deteriorating for a number of years the fiscal policy situation in the USA stabilised recently ; but risks remain. More economic policy adjustments will be required in the future as a result. In the latest issue of the CESifo Forum ...
Tags: economy
The Australian dollar was weaker as markets warmed again to the idea that the central bank will cut interest rates next month. "Domestic press speculation of an RBA rate cut in early August has weighed on the Australian dollar," RBC ...
Tags: Australian Dollar
ICE cotton prices dipped earlier this week on heavy rain received in Texas, the top cotton growing region of the country. Prices then rose in thin trade at the end of the week and settled the week in a positive note as the dry condition ...
Tags: cotton prices, Textile
THE Australian share market has closed slightly lower as investors wait for an update on economic stimulus measures in the US from that country's top central banker. A strong production report from BHP Billiton boosted sentiment in the ...
Tags: share market, economy
The Australian dollar rose after US Federal Reserve chairman Ben Bernanke said the tapering of economic stimulus was not on a pre-set course. At 7am AEST the local unit was trading at 92.37 US cents, up from 92.08 cents at ...
The Australian dollar has fallen after China's finance minister Lou Jiwei said the world's second biggest economy would be unlikely to receive a massive stimulus this year. At 1700 AEST on Thursday, the local unit was buying 91.52 US ...
Tags: Australian dollar, Lou Jiwei
The Australian share market has again nudged above the 5,000 point mark but fell away in afternoon trade to end only slightly higher. Financial and energy stocks were the best performers, with other sectors mixed. Energy giant Woodside ...
Tags: Stocks, Edge Higher
ICE Cotton gradually moved higher earlier this week supported by bullish views on the market, but the supply & demand report released kept the market in check, and the week ended at a slightly lower level. The week’s high was posted ...
Tags: ICE Cotton, Textile
AUSTRALIAN stocks shot up by 1.3 per cent, with investors cheering comments out of the US that money would continue to be pumped into the world's largest economy. Shares in Australia soared on US Fed chairman Ben Bernanke's comments that ...
Tags: economy
THE Australian dollar is higher after the US Federal Reserve chairman eased concerns about the tapering of the central bank's economic stimulus program. At 1700 AEST on Thursday, the local unit was trading at 92.71 US cents, up from 91.96 ...
Tags: economy, Australian dollar
THE Australian dollar jumped more than 1.5 US cents after Federal Reserve chairman Ben Bernanke declared US stimulus measures would continue. The local currency hit 92.94 US cents shortly before 9am AEST, only four hours after sinking ...
Tags: Australian Dollar, economy