Dollar strengthens against dong on interbank market
17/11/2016The U.S. dollar on November 15 rose sharply against the Vietnam dong on the interbank market due partly to a widening gap between domestic and global gold prices. SEE MOREBase metals continue to correct after last week’s windfall gains
16/11/2016The base metals consolidated at lower levels yesterday, November 15 after last week’s rally on the back of the US election result shock ran out of steam and as higher prices attracted selling. SEE MOREOil demand won't peak before 2040
16/11/2016The International Energy Agency expects global oil consumption to peak no sooner than 2040, leaving its long-term forecasts for supply and demand unchanged despite the 2015 Paris Climate Change Agreement entering into force. SEE MOREChina’s Yuan Tumbles to Eight-Year Low as Banks Weaken Forecasts
16/11/2016The yuan ignored a declining dollar to drop to an eight-year low, with banks slashing their forecasts for China’s exchange rate amid concern an imminent Federal Reserve interest-rate increase will accelerate capital outflows. SEE MORE
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