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Commodities Prices - India’s Heat Is Now a Better Predictor of Food Prices Than Rain
Tracking rising temperatures is becoming a better way of forecasting food inflation in India than the rain patterns economists have typically relied on, according to HSBC Holdings Plc.
Singapore Producer Price Inflation Eases Sharply
Singapore's producer price inflation moderated in July to the lowest level in eight months, data from the Department of Statistics ...
Gold prices rise, keep record highs in sight as inflation test approaches
The prospect of lower rates dented the dollar and buoyed broader metal markets, although they mostly lagged gold. Platinum futures rose 0.5% to $942.50 an ounce, while silver futures rose 0.8% to ...
Firmer dollar, lower commodity prices weigh on Latam FX; Mexican peso recovers
while slipping prices of commodities like crude oil and copper further exacerbated losses. The dollar index, which measures the greenback against a basket of major global peers, gained 0.5% after ...
Oil commodities swinging back to price hikes next week
Wildly gyrating oil prices will find their way back to increases at the pumps next week, based on the preliminary estimates of the oil companies.