Market News

Wheat futures for March settlement were higher by 0.7% to $8.16 a bushel on the Chicago Board of Trade on Wednesday. The price of wheat advanced by 25% this year >>

The MSCI Emerging Market Index increased by 0.4% to 1,050.28 points in Hong Kong trading session on Wednesday. That was the highest close point since April, 2012. Emerging markets advance >>

The Ceska Narodni Banka will hold the key interest rate unchanged at 0.05%, for the third quarter a point lower than the Euro area level, according to a Bloomberg survey. >>

The India's Rupee advance by 0.1% to 54.79 per Dollar in early Mumbai trading session on Wednesday. The Rupee rebounds from a month low, as the market was driven by >>

The Euro Stoxx 50 Index futures, a benchmark for the Euro area markets, were higher by 0.2% to 2,653 points in very beginning of European trading session. Markets showed positive >>

S&P/ASX 200 Index increased by 0.46% to 4617.80 points in Sydney trading session on Wednesday. Today's positive performance extends the previous session's gains, what brings the index to a 16-month >>

Mexican minimum wage commission, including governors, business and labor unions representatives, agreed to raise a minimum wage by 3.9% in the beginning of 2013. However, this increase brings the wage >>

The Hang Seng Index was higher by 0.4% to 22,589.50 points and the Hang Seng China Enterprises Index increased by 0.6% to 11,371.02 points on Wednesday trading session in Hong >>

Rural commodities except for wheat moved lower on Tuesday amid weak demand for US supplies. Grain and oilseed markets were dragged down by a cancellation of 420,000 tonnes of soybean >>

Energy futures rallied on Tuesday amid broadly weaker US Dollar. Moreover, hopes that the US lawmakers will agree on the next year budget and will manage to avoid deep recession >>

Base metals apart from nickel dipped on Tuesday as traders were cautious ahead of the key US data releases due later in the week. Bloated LME inventories as well as >>

Precious metals were bearish on Tuesday as mounting hopes that the US lawmakers will manage to avert fiscal cliff spurred demand for riskier assets thus weighting on precious metals. At >>

Asia's second largest economy recorded a 953.4 billion yen merchandise trade deficit in November, when it declined by 37.9% from a year ago amid weaker exports to China, the Ministry >>

The 17-bloc nation's currency gained against the U.S. Dollar and Japan's Yen together with modest advance of European shares as the Bank of Japan is expected to boost the economy >>

Global economy's weak performance did not stop the World Bank from increasing its growth outlook of advanced economies in the East Asia and Pacific as improving domestic demand is helping >>