European Shares Seen Tad Higher With US PCE Data In Focus

European Shares Seen Tad Higher With US PCE Data In Focus

(RTTNews) – European stocks are seen opening a tad higher on Friday as focus shifts to the U.S. economic calendar. September’s delayed consumer spending and incomes data as well as the personal consumption expenditures index, the Fed’s primary inflation gauge, will be in the spotlight later today, heading into next week’s FOMC meeting. The PCE … Read more

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Higher Indian Sugar Production Weighs on Prices

Higher Indian Sugar Production Weighs on Prices

March NY world sugar #11 (SBH26) on Thursday closed down -0.05 (-0.33%), and March London ICE white sugar #5 (SWH26) closed down -1.00 (-0.23%). Sugar prices finished lower on Thursday, consolidating this week’s losses.  On Monday, sugar prices fell sharply to 1.5-week lows amid India’s ramped-up sugar production.  The India Sugar Mill Association (ISMA) reported … Read more

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