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The Watch
Gold Rallies As Dollar Sinks On Fed Policy Outlook
Gold futures rallied by nearly $50 an ounce Thursday after Federal Reserve Chairman Ben Bernanke said U.S. interest…
Gold Prices Up With Fed Minutes In Pipeline
Gold prices edged higher Wednesday, as the U.S. dollar drifted lower ahead of events that may reinforce the U.S.…
Dollar Drifts Lower Ahead Of Fed Tapering Clues
The U.S. dollar drifted lower against major currencies on Wednesday, as investors await further insight on the U.S.…
Citadel’s RVI Injects US$20 mln into Mombasa-Nairobi New Railway Line
Rift Valley Railways (RVR), the operator of the Kenya-Uganda railway, has completed the building of 73 kilometers…
Euro Falls; Australia Dollar Fends off Losses
Australia’s currency fought back declines against the U.S. dollar Tuesday that stemmed from the worst reading of…
Egypt Pound Strengthens at Central Bank Currency Sale
The Egyptian pound strengthened at a central bank sale of foreign exchange on Monday, hours after violence broke…
Brent Crude Hits 3-mth High above $108 on Egypt Unrest, Supply Worries
Brent crude futures rose above $108 to the highest in more than three months on Monday, extending last week's gains…
Gold Futures Log Minor Gain After Selloff
Gold futures rose Monday, logging a small gain after a 3% selloff at the end of last week was set off by…
Oil Jumps $2 on Egypt, U.S. Data, Biggest Weekly Gain in a Year
Oil prices jumped nearly $2 a barrel on Friday to notch their biggest weekly gain in a year, boosted by concerns…
Egypt’s Political Turmoil Unlikely to Derail Vital Wheat Buy
Egypt's first deal on the international wheat market after a long absence is expected to complete even after the…