Month: September 2020

New Delhi: Coriander prices on Friday rose Rs 46 to Rs 6,582 per quintal in futures trade as speculators widened their holdings tracking firm trend in spot market. On the National Commodity and Derivatives Exchange, coriander for October delivery gained Rs 46, or 0.7 per cent, to Rs 6,582 per quintal with an open interest
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Dollar firms up again entering into US session, but it’s so far held below yesterday’s high against all but Swiss Franc. There is little reaction to weaker than expected growth in durable goods orders. New Zealand Dollar is surprisingly the strongest on for today, while Yen is the third. Euro is currently the weakest one
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The Spanish government recommends Madrid to extend lockdown restrictions to all parts of the region Madrid just announced that they are raising the number of areas under lockdown to 45 from 37 moments ago, adding that about 1 million people in the region are reported to be in lockdown based on the latest restrictions. But
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New Delhi: Copper prices on Friday rose by 0.21 per cent to Rs 518.75 per kg in futures trade on pick-up in spot demand. On the Multi Commodity Exchange, copper contracts for October delivery traded higher by Rs 1.10, or 0.21 per cent, at Rs 518.75 per kg in a business turnover of 3,592 lots.
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The emerging market currencies have been slammed over the past week or so. Names like Brazilian real, Mexican peso and South African rand have declined by 5.65% to 4.48%, respectively.  “We are in a real EM sell-off now,” Robin Brooks, chief economist at the Institute of International Finance (IIF) and former chief strategist at the
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