Asia Precious Metals Correspondent, Singapore
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Oct 30, 2014

Asia Rubber-Some Indonesia cargoes delayed as farmers stop tapping

SINGAPORE, Oct 30 (Reuters) – Exports of some contracted
rubber cargoes from Indonesia have been delayed as several
farmers stopped tapping amid a slump in global prices of the
commodity, traders in the world’s second biggest rubber producer
said.

Weak demand amid a global supply glut pushed down benchmark
rubber futures to a five-year low earlier this month, forcing
farmers in Indonesia to switch to other jobs and tightening raw
material supply.

Oct 30, 2014
Oct 30, 2014

Gold near 3-week low after Fed optimism over U.S. economy

SINGAPORE (Reuters) – Gold was languishing near a three-week low on Thursday after the U.S. Federal Reserve ended its bond-buying stimulus programme and expressed confidence in the economic recovery, dimming bullion’s safe-haven appeal.

Ending its monthly bond purchases, the Fed dropped a characterisation of U.S. labour market slack as “significant” in a show of confidence in the economy’s prospects.

Oct 28, 2014

Gold recovers from two-week low; all eyes on Fed meet

SINGAPORE (Reuters) – Gold recovered after falling to its lowest in nearly two weeks on Tuesday as investors nervously awaited a U.S. Federal Reserve meeting that begins later in the day for clues about the timing of any interest rate hike.

The Fed is likely to announce the end of its massive bond-buying stimulus when it wraps up the two-day meeting on Wednesday. Investors will be scrutinising the Fed’s statement for signals about a rate increase and its view on the global economy.

Oct 28, 2014
Oct 28, 2014
Oct 28, 2014
Oct 27, 2014
Oct 27, 2014
Oct 27, 2014
    • About Ananthalakshmi

      "Anantha is responsible for Reuters' gold coverage in Asia, the biggest consumer of the precious metal. Based in Singapore, she tracks the day-to-day market movement of gold prices during Asian hours, fund flows and central bank purchases. She also covers the physical markets in key buyers China and India. Anantha used to cover U.S. companies earlier from Bangalore."
      Joined Reuters:
      2008
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