Oil steady, on track for weekly drop on firmer supply outlook
LONDON, Sept 27 (Reuters): Oil prices held steady on Friday but remained on track for a weekly fall as investors weighed expectations for increased output from Libya and the broader OPEC+ group against fresh stimulus from top importer China.Brent crude futures were up 8 cents, or 0.1 per cent, at...
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World Tourism Day 2024 celebrated calling for public-private cooperation
The World Tourism Day was celebrated in the country as elsewhere in the world on Friday with the call for greater cooperation between public and private sectors to seize the vast potential of Bangladesh's tourism industry.The celebration was started through bringing out a colorful procession in the capital's Agargaon area...
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Wheat eases and soy steadies
PARIS/SINGAPORE, Sept 27 (Reuters): Chicago wheat edged down on Friday to ease from a two-week high, while soybeans steadied after a volatile previous session, with attention turning to US inflation and grain stocks data.Corn ticked down.Grain and oilseed markets have been supported this week by concerns over drought hampering the...
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China stimulus, mighty gold put silver on a streak
Silver prices have bubbled up to their highest in over a decade on the back of bullion's stellar bull run and China's stimulus measures, although some analysts expect the rally to fade as industrial sector demand remains a concern, reports Reuters.Spot silver - both an investment asset due to its...
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Aluminium at 16-week high, driven by China's stimulus measures
Aluminium prices in London touched a 16-week high on Friday due to a fund buying triggered by the fresh economic stimulus measures in top metals consumer China, reports Reuters.Three-month aluminium on the London Metal Exchange rose 1.2 per cent to $2,641.50 per metric ton by 1026 GMT after hitting $2,659,...
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NY coffee may rise into $2.9435-$3.1785 range in Q4
SINGAPORE, Sept 27 (Reuters): New York coffee may break resistance at $2.7705 per lb in the fourth quarter and rise into the $2.9435 to $3.1785 range.The contract is believed to be riding on a powerful wave (C) from $1.45, which is the third wave of a big three-wave cycle from...
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