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Displaying News From Forex & Commodities

Sterling retreats from 15-month highs before BoE governor's speech2017/09/19
LONDON : Sterling hit a 15-month high against the dollar on Monday before retreating a notch as investors wound back some of last week's bets on a Bank of England rate rise ahead of a speech by the central bank's governor Mark Carney.
The pound rocketed past $1.36 to its strongest since the Brexit vote on Friday after BoE policymaker Gertjan Vlieghe echoed the central bank's message of the previous day that it could raise rates in "coming months" ...

Rand continues slide, stocks dragged down by Naspers2017/09/18
JOHANNESBURG: South Africa's rand weakened for a sixth straight session on Friday to end a miserable week as a better than expected inflation print in the United States boosted the dollar.
Stocks were led lower by profit-taking in bourse heavyweight Naspers.
By 1500 GMT the rand had weakened 0 ...

Copper records biggest weekly fall since March2017/09/18
LONDON: Copper was steady on Friday, helped by a weaker dollar but still recorded its biggest weekly price fall since March as investors took profits from a speculative rally to three-year highs.
While some investors booked profits, supply deficits and solid demand for metals in top consumer China were expected to keep prices around current levels, ABN AMRO analyst Casper Burgering said ...

Oil holds near 5-month high in most bullish week since July2017/09/18
NEW YORK: Brent oil prices held near five-month highs on Friday and were on track for the biggest weekly gain since late July, on forecasts for rising demand and the gradual restart of U.S. oil refineries.
The Organization of the Petroleum Exporting Countries this week forecast higher demand for its oil in 2018 and pointed to signs of a tighter global market, indicating its deal with non-OPEC states to cut output is helping tackle a glut ...

SriLankan rupee ends higher on inward remittances2017/09/18
COLOMBO: The Sri Lankan rupee ended firmer on Friday as inward remittances and exporter dollar sales surpassed mild dollar demand from importers, dealers said.
The spot rupee, which was traded at 153.02 per dollar during the day, ended at 152.80/90 per dollar, compared with Thursday's close of 152 ...

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