News & Analytic Centre

Australian dlr on Defensive as RBA Rejects Rate Hike Babble

SYDNEY, March 10 Reuters The Australian dollar was fighting to keep a rally alive on Wednesday after a top central banker bluntly rebuffed market chatter about early rate increases, helping pull local yields lower. The Aussie faded to 0.7684, having just survived another brush with support around 0.7620 overnight. It needs to clear 0.7727 resistance […]
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London Copper Rises on Demand Hopes

HANOI, March 10 Reuters Copper futures advanced in London on Wednesday buoyed by hopes of rising demand, but prices in Shanghai fell on fears of policy tightening by top consumer China. Threemonth copper on the London Metal Exchange advanced 0.9 to 8,859.50 a tonne by 0431 GMT, while the mosttraded April copper contract on the […]
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Oil Poised for 2nd Straight Loss ahead of Weekly U.S. Data

Oil futures moved lower Tuesday, on track to suffer a second straight day of losses as traders awaited data that may reveal a third weekly climb in U.S. crude inventories. A more definite price direction is expected soon, when the U.S. weekly oil inventory report reveals estimates on how oil stocks performed last week, said […]
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