Oil prices continued their downward spiral to six-week lows on Monday, with US crude breaking beneath the $80 per barrel mark, as President Joe Biden’s decision not to run for reelection added political uncertainty to a market already reeling from weak summer demand for fuel.
Asian iron ore prices fell below the $100/dmt CFR China mark for the first time in nearly four months July 25, tracking lackluster end-user demand and bearish seaborne fundamentals, sources said.
Asian iron ore prices fell below the $100/dmt CFR China mark for the first time in nearly four months July 25, tracking lackluster end-user demand and bearish seaborne fundamentals, sources said.
Gold prices fell in Asian trade on Thursday, seeing little safe haven demand despite increasing risk-off sentiment as traders rode a sharp appreciation in the Japanese yen.
Oil prices eased on Thursday as concerns over weak demand in China, the world's largest crude importer, and expectations of a nearing ceasefire deal in the Middle East overcame gains in the previous session after draws in U.S. inventories.
The State Bank of Vietnam (SBV) should keep the US dollar-denominated deposit interest rate at zero per cent as currently, experts said. There is no need to intervene in the foreign exchange market, as it is stable.
The Ministry of Industry and Trade (MoIT) has requested local associations and businesses to coordinate implementing key solutions to promote imports and exports as sea freight rates rise.
Oil prices continued their downward spiral to six-week lows on Monday, with US crude breaking beneath the $80 per barrel mark, as President Joe Biden’s decision not to run for reelection added political uncertainty to a market already reeling from weak summer demand for fuel.SEE MORE
The world economic situation continues to evolve rapidly, complicatedly, and unpredictably, affecting domestic markets. Fertilizer prices on the world market dropped sharply; the increase in imported supply into Vietnam, especially fertilizers and chemical products;SEE MORE