THE Reserve Bank of Zimbabwe has increased foreign currency allocation for basic and essential commodities to curtail threats of shortages. Central bank governor Dr John Mangudya said the injection of additional foreign currency comes on the back of marginal increases in prices of goods and commodities in most shops in Harare, where fears of shortages reminiscent of 2007 have swelled.  ...

The smartest guys in a gold rush are the ones selling shovels. It’s an old adage from prospecting days that holds true in today’s financial age.With prices heading for their biggest annual rally since 2010, gold trading on futures contracts has surged this year and investors are once again adding the precious metal to their portfolios. That’s prompted hedge funds, commodity ...

In a clear indication of an irreconcilable rift between it and its senior alliance partner BJP, the Shiv Sena on Saturday staged simultaneous protests at 12 places across the metropolis against the hike in prices of fuel, essential commodities and domestic gas cylinders. Amid intense speculation that Sena president Uddhav Thackeray — during his Dussehra rally to be held next ...

News headlines about BlackRock Resources and Commodities (NYSE:BCX) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. BlackRock ...

The Confederation of Zimbabwe Retailers president, Mr Denford Mutashu has expressed disappointment over the issue of price increases of basic commodities in the country. Speaking at the association’s inaugural Masvingo retail awards ceremony held this Friday evening, Mr Mutashu said the problem is mainly centered on the Reserve Bank of Zimbabwe delaying in releasing funds for the purchase of raw ...

NINE MASTS CAPITAL Ltd bought a new position in shares of BlackRock Resources and Commodities (NYSE:BCX) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 104,600 shares of the investment management company’s stock, valued at approximately $838,000. A number of other institutional investors and hedge funds also recently made changes to their positions ...

The first thing I want to point out is the last descriptive phrase that the governor uttered/wrote in his official statement. He says the Zimbabwean economy is on the mend. If he had led with that one I was not going to read the rest of the thing. The fact that his statement talks about the RBZ increasing foreign currency ...

Wells Fargo & Company MN raised its holdings in BlackRock Resources and Commodities (NYSE:BCX) by 12.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,612,008 shares of the investment management company’s stock after purchasing an additional 852,775 shares during the quarter. Wells Fargo & Company MN’s holdings ...

Kaumudi Online Fall in prices of select commoditiesKaumudi OnlineCHENNAI: A weak trend prevailed in the wholesale food grains market here with prices of a majority of commodities declining during the week ended Saturday. Thoor dal, urad dal, gram dal, sugar and maida ruled easy while price of moong dal increased. and more »

Double whammy of North Korea, S&P downgrade hits metals: Angel Commodities BrokingEquity BullsDouble whammy of North Korea, S&P downgrade hits metals: Angel Commodities Broking. Posted On: 2017-09-23 02:05:19. Views of Ms. Kaynat Chainwala (Research Analyst – Base Metals, Angel Commodities Broking): “September has not been lucky, … and more »