Tuesday 31 May 2016
 
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Commodities

Louis Dreyfus eyes investment in port logistics

Commodity trading group Louis Dreyfus Company said on Wednesday it is looking for investments in port logistics in the Middle East, especially Egypt, as the sector continues to lag behind market growth. "The markets are growi

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Oil hits 4-month high on Doha meeting, commodities rally

Brent crude prices rose to a four-month high on Monday as a rally in wider commodities markets encouraged buying ahead of a meeting of oil producers in Doha next Sunday, aimed at freezing current output levels. Brent crude futures

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Emerging markets favoured for further gains

Emerging markets are back in the spotlight after some years of underperformance, said an industry expert, adding that the stabilisation of commodity prices is creating the momentum for equities, bonds and currencies. “We are

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Oil holds above $40 as producers back market

Brent crude oil prices dipped early on Tuesday, but remained over $40 a barrel after jumping to a 2016-high the previous session as more producers announced talks to support the market and investors opened new bets on further price rises.

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Asia shares scale seven-week peak

Asian shares were bound for a third straight session of gains on Thursday as upbeat data on US jobs and a rally in a range of commodities whetted risk appetites globally. Notably, oil shrugged off record high US crude stockpiles a

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Oil price rout hits energy shares, dollar firm

Asian stock markets teetered near their weakest levels in three weeks on Tuesday, as a rout in oil prices to near seven-year lows knocked global energy company shares and commodity currencies. MSCI's broadest index of Asia-Pac

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Oil price rout hits energy shares, dollar firm

Asian stock markets teetered near their weakest levels in three weeks on Tuesday, as a rout in oil prices to near seven-year lows knocked global energy company shares and commodity currencies. MSCI's broadest index of Asia-Pac

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Dollar hits 8-month high on rate views

The dollar rose to an eight-month high on Monday amid heightened expectations that the US Federal Reserve might raise interest rates next month, driving down the prices of copper, gold and other metals. World equity markets slippe

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Asia stocks mixed, euro and commodities skid

The euro sagged to a seven-month trough on Monday as the prospect of more policy easing in Europe benefited the US dollar, while activity in Asian shares was crimped by a holiday in Japan. The strength of the dollar also combined

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Asian shares hang on to gains, commodities battered

Asian shares were set to hold on to this week's gains, while the dollar took a breather on Friday after stepping back from seven-month highs as investors grappled with the prospects of higher US borrowing costs and slower global economic g

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