EghtesadOnline: Stocks rallied with commodities after the initial shock of Donald Trump’s election victory gave way to optimism that his plans for fiscal stimulus will provide a boost to the global economy. Bloomberg’s dollar index retreated from an eight-month high.
EghtesadOnline: Stocks climbed with commodities and the pound jumped amid signs economies in China and the U.K. are stabilizing. The dollar advanced against most of its peers while bonds retreated before Friday’s payrolls report.
EghtesadOnline: Bonds advanced around the world, spurred by central banks’ commitments to boost growth and a dimming outlook for inflation as commodities declined. The pound fell for a fifth day as the Bank of England resumes debt purchases to combat the fallout from Britain’s Brexit vote.
EghtesadOnline: 365,543 MT of commodities worth over $181 million were traded in Iran Mercantile Exchange late June with the trading volume experienced a growth of 12% and trading value a decline of 4%.