(for 20.11.2014)

The Star Early Edition - - MARKETS -

EURO/DOL­LAR Fu­tures and euro/dol­lar con­tracts for dif­fer­ence (CFD) re­treated on Thurs­day as traders took cues from a fall in the euro zone PMI to a 16-month low this month, which raises risk of the re­gion slip­ping back into a re­newed down­turn. Gold also faced head­winds from ex­pec­ta­tions of higher bor­row­ing rates go­ing for­ward as it strug­gles to com­pete with yield-bear­ing as­sets when rates are on the rise.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.