Commodities/FX

Commodities/FX

Euro pares losses

The Euro has pared its losses and filled the gap formed against the dollar on the open following the announcement of the Greek referendum. 'It...

Iron ore continues push higher

Iron ore has continued to rally amid reports over lower Chinese stockpiles. Iron ore for immediate delivery in the port of Tianjin rose for...

US Non-Manufacturing PMI down, Dollar falls – What will the Fed...

Data released by the Institute for Supply Management (ISM) at 3pm on Tuesday afternoon showed business conditions worsening in the US non-manufacturing sectors in...

Trafigura sells mining stake to Abu Dhabi

Trafigura has entered into a joint venture with Adu Dhabi’s state investment fund. Trafigura has sold stakes in a number of Spanish copper and...

Oil prices drop after rumours of deal with Iran

Oil prices dropped this morning after news that Iran is reportedly on the brink of reaching a deal with six world powers that would end...
petra diamonds

Trading commodities: a how-to guide

Whether you realise it or not, commodities are an important linchpin of human civilisation. From the food we eat to the fuel that powers...
gold centamin

Randgold shares plummet 11 percent on flat results

Shares in gold miner Randgold Resources dropped over 11 percent this morning after announcing a 6 percent drop in gold production.  The company reported a...

Central Rand Gold falls

Central Rand Gold fell 23.17% due to a delay in the completion of an agreement for its sale. The company had targeted a completion date...
oil

Oil prices jump over 2pc as Russia and Saudi extend cuts

Oil prices jumped over 2 percent on Monday, after Saudi Arabian and Russian oil ministers confirmed their intention to extend supply cuts into 2018. The...

EUR/USD falls on Merkel comments

EUR/USD has seen further declines today, breaking through the 23.6% Fibonacci level. The incessant uncertainty surrounding Greece is hitting sentiment across the Eurozone pushing...