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Commodities
15 Aug
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Commodities: Base metals prices dive on EM, China concerns

A mix of US dollar strength, weak Chinese data and worries that the Turkish currency crisis might have a 'knock-on' effect on growth in other emerging markets saw a wave of selling hit markets, leaving Bloomberg's commodity index just off a fresh 52-week low.

15 Aug
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WTI slips following weekly DoE inventory data

US crude oil inventories rose last week as net imports recovered and domestic output continued climbing higher.

15 Aug
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Sector movers: Miners hit again as traders wait for other shoe to drop in EM

The roof is caving in on miners again on Tuesday, amid fears that the recent rout in Turkish assets presages weakness in other emerging market economies.

15 Aug
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US industrial production edges higher in July, mining output lower

US industrial production edged only a tad higher last month, although output of business equipment remained strong as mining activity cooled a tad.

15 Aug
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US retail sales volumes in July point to solid consumption

Retail sales in the US rose a tad more strongly than expected in July, boosted by sales at department stores and for clothing.

15 Aug
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Savannah Petroleum continues 100% success record with Niger discovery

British independent oil and gas company Savannah Petroleum on Wednesday made a new oil discovery through its Eridal-1 exploration well in the Agadem Rift Basin, South East Niger.

15 Aug
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Cadence lauds acceleration of Auroch Minerals' drilling programme

Cadence Minerals on Wednesday reported that investee company Auroch Minerals accelerated its drilling programme with the start of works at its Bonaventura base metals project in South Australia.

15 Aug
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Indonesian central bank surprises with rate hike as rupiah nears five-year low

Indonesia's central bank surprised market watchers on Wednesday, hiking its main policy rate unexpectedly, despite what some economists said was a backdrop of continued weak economic growth and subdued inflation.