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Cargill Stops Trading Steel in China After Years of Slowdown
Bloomberg via Yahoo Finance· 2 hours ago(Bloomberg) -- Commodities giant Cargill Inc. has ceased its steel trading business in mainland...
Trafigura Settles Billionaire Reuben Brothers’ Nickel Fraud Suit
Bloomberg via Yahoo Finance· 3 hours ago(Bloomberg) -- Commodity trader Trafigura Group has settled a London lawsuit brought by the...
South Africa Economy Shrinks as Election Uncertainty Festers
Bloomberg via Yahoo News· 4 hours ago(Bloomberg) -- South Africa’s economy will likely remain weak in the second quarter after...
Bloomberg BFIX Introduces First Value T+1 FX Fixing Rates - Traders Magazine
Traders Magazine· 44 minutes agoBanks can use BFIX T+1 benchmarks to match or ‘net’ orders to reduce credit impact at scale.
Oil Prices Slide After OPEC+ Plan Spurs Concern About Glut
Bloomberg via Yahoo Finance· 5 hours ago(Bloomberg) -- Oil futures extended declines Tuesday following OPEC+’s plan to return barrels to the...
Traders Gird for Weaker Canadian Dollar as First Rate Cut Eyed
Bloomberg via Yahoo Finance· 44 minutes ago(Bloomberg) -- Traders are bracing for weakness in the Canadian dollar amid wagers that local...
Treasuries Gain as JOLTS Spurs Faster Fed-Cut Bets: Markets Wrap
Bloomberg via Yahoo Finance· 33 minutes ago(Bloomberg) -- Treasury yields tumbled after data showing further signs of a cooldown in the labor...
Pimco Says ‘Generational Reset’ on Yields to Spur a Bond Revival
Bloomberg via Yahoo Finance· 2 hours ago(Bloomberg) -- Forget the stock market or private credit. Fixed income will outstrip other asset...
Oil Slumps as OPEC’s Surprise Plan to Raise Output Adds to Gloom
Bloomberg via Yahoo Finance· 20 hours ago(Bloomberg) -- Oil tumbled after OPEC+ unexpectedly rolled out a plan to restore some production to...
BHP Faces Test of Patience After $49 Billion Anglo Bid Fails
Bloomberg via Yahoo Finance· 7 hours ago(Bloomberg) -- Days after BHP Group failed to secure the $49 billion takeover of smaller rival Anglo...