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Copper quarterly fall largest since 2015

July 1, 2019 afndaily 0

Copper prices were steady on Friday ahead of a meeting of G20 leaders but recorded their worst quarterly performance since 2015 due to the protracted US-China trade dispute which has undermined growth and demand. Benchmark […]

Markets

China’s Australian coal imports halve

June 26, 2019 afndaily 0

China’s imports of Australian coking coal in May plunged 49.3 per cent from a month earlier, customs data showed on Tuesday, as buyers held off purchases because of uncertainty regarding government policy on Australian imports. […]

Markets

Aussie rallies on prospect of US rate cut

June 25, 2019 afndaily 0

The Australian dollar is on track for a sixth straight session of gains against a US dollar weakened by expectations for an aggressive cut in interest rates by the Federal Reserve next month. The Australian […]

Markets

ASX opens higher despite dip for big banks

June 25, 2019 afndaily 0

The Australian share market has opened higher as the heavyweight mining and financial sectors pull in opposite directions. The benchmark S&P/ASX200 index was up 8.8 points, or 0.13 per cent, to 6,674.2 points at 1030 […]

Markets

Copper dips as investors wait for G20

June 25, 2019 afndaily 0

Copper prices slipped overnight as doubts over the outcome of US-China trade talks later this week overshadowed the effect of a weaker US dollar and supply disruption in Chile. Benchmark copper on the London Metal […]

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