Rising exports from Brazil and India push sugar price to 6.5-year low

Aug 06, 2015 09:26 am UTC| Commentary

The raw sugar price came under renewed pressure yesterday and recorded a new 6½ year low of 10.74 US cents per pound. One reason for the low sugar price is the weak Brazilian real, which makes it attractive for...

India should import up to 1,000 tons of gold in the current fiscal year

Aug 06, 2015 09:22 am UTC| Commentary

The publication of various economic figures in the US, which were anything but uniform, sparked a rollercoaster ride for gold prices yesterday. Disappointing US labour market data, the number of jobs created as reported by...

US crude oil processing rose to record level

Aug 06, 2015 09:09 am UTC| Commentary

Unless crude oil processing is adjusted accordingly, there will then be the risk of a massive increase in gasoline stocks, distillate stocks having already risen hugely on the back of the high processing rate in recent...

Oil prices under pressure despite drop in US crude oil stocks

Aug 06, 2015 09:06 am UTC| Commentary

Oil prices have fallen below the lows they posted at the beginning of the week, Brent falling to $49 per barrel - its lowest level since the end of January. WTI is priced at below $45 per barrel, which was last the case in...

Slower economic momentum likely to weigh on SGD spot

Aug 06, 2015 08:59 am UTC| Commentary

Singapores GDP growth rate is expected to slow down in 2015 due to fall in exports and labor force. The slower economic momentum is likely to weigh on SGD spot for the rest of the year and analysts believe forwards have...

UK tightening cycle brought into “sharper relief”

Aug 06, 2015 07:58 am UTC| Commentary

July was a good month for GBP which was the best performing G10 currency surpassed only by the USD. Both currencies shared a common theme last month, namely that their respective central banks both reaffirmed the...

German manufacturing maintains its momentum

Aug 06, 2015 07:45 am UTC| Commentary

The large gain in German manufacturing orders in June (2% in the month) is due to strong orders for ships and trains. Excluding the always very volatile orders in the "other vehicles" sector, order intake fell by a good...