Commodities mostly drop on soaring dollar, China woes
DeeperDive is a beta AI feature. Refer to full articles for the facts.
London
MANY commodities fell last week as the dollar struck a 12-year peak against the euro, with sentiment hit also by weak data in key consumer China.
The European single currency sank on Friday to US$1.0466 - the lowest level since January 2003 - on expectations of a US rate hike later this year.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts