WTI oil increases to one-week high on U.S. data

Note: This section contains information in English only.
Source: Bloomberg
The West Texas Intermediate oil futures for June settlement were higher by 52 cents to $89.70 a barrel on the New York Mercantile Exchange in Singapore trading session on Wednesday. Oil reached the highest price in more than one week, as the U.S. stockpiles were lower than expected decreasing by 845,000 barrels last week.
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Wed, 24 Apr 2013 09:55:03 GMT

Corn plummets to ten-month low on good weather forecast

Corn futures for July settlement were lower by 0.2% to $6.125 per one bushel on the Chicago Board of Trade in Singapore trading session on Wednesday. The price slipped to the lowest level since 26th of June or a ten-month low, as investors speculated that some parts of the U.S. might be dry and warm making weather conditions suitable to accelerate planting.

Wed, 24 Apr 2013 09:33:04 GMT

China's Yuan trades close to strong end of band

The Chinese Yuan was traded at 6.1794 per U.S. Dollar in the morning of Shanghai trading hours on Wednesday. The currency was traded close to permitted ranged band, as improving U.S. housing market boosted demand for riskier assets and on speculation that China will expand trading bands this year and push the Yuan substantially higher.

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