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New sovereign debt purchases could ease financial tensions, but would add price risks
We haven't written up this one. El Pais Economia has the full story — the link below goes straight to it.
The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange slid 25 ringgit, or 0.52%, to 4,785 ringgit ($1,175.96) a metric ton in early trade
Nume Ekeghe writes on the series of reforms undertaken by the Central Bank of Nigeria under Governor Olayemi Cardoso in his three years in office, and how the changes are
"It is a system of rules. If we are able to come together and rewrite those rules, the truth is that we will always have restructuring to clear the debt.
The rupee is expected to open nearly flat around 95.60-95.65 per dollar compared to its close at 95.59 in the previous session
Gold (XAU/USD) struggles to capitalize on the previous day's goodish rebound from sub-$4,300 levels and meets with a fresh supply during the Asian session on Wednesday.
USD/IDR extends its losses for the second successive day, trading around 17,820 during Asian hours on Wednesday. Technical analysis of the daily chart suggests the pair remains within the ascending channel, indicating an ongoing bullish bias.
