DUBAI / Emirates Business The Dubai Gold and Commodities Exchange (DGCX) has recorded its highest ever daily Indian Rupee (INR) volume, trading 126,055 contracts on August 13. On the same day, the Exchange’s overall volume touched 185,630 contracts worth $4.17 billion, its second highest daily notional value since inception. Amidst continued market volatility, the DGCX traded over 2.08 million contracts ...

Bloomberg President Donald Trump slammed what he termed ‘decades of abuse’ by Canada with a new threat to terminate the North American Free Trade Agreement (Nafta), a day after talks with the US’s northern neighbor stalled hours before a deadline. “There is no political necessity to keep Canada in the new Nafta deal. If we don’t make a fair deal ...

Bloomberg Crude rose this month as sanctions on Iranian oil stoked concern that supplies will contract, overshadowing speculation that a US-China trade war will weaken demand. Futures in London settled 4.3 percent higher in August, the biggest monthly gain since April and US crude also rose for the month. Yet, both benchmarks faltered as Saudi Arabia was said to raise ...