Wheat falls amid dried weather in Russian and Ukraine

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Source: Bloomberg
© Scanpix/RS
Wheat decreased on Monday falling to the weakest level in more than seven days extending its weekly drop as production outlook was boosted amid drier weather in Ukraine and Russia. Wheat for delivery in December fell 0.6% to $6.865 a bushel on the CBOT, the least since October 18 and traded at $6.89 by 12:25 p.m. Singapore time.

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Mon, 28 Oct 2013 09:41:09 GMT

Gold fluctuates before Fed policy-setting meeting

Gold swung between gains and losses on Monday traded close to the strongest level in a five-week period before the Federal Reserve's policy-setting meeting signalling a possible scale back of the U.S. central bank's stimulus. Bullion for delivery in October fluctuated 0.2% up and down and was at $1,351.8 an ounce as of 10:42 a.m. Singapore time.

Mon, 28 Oct 2013 09:19:08 GMT

U.S. industrial production advance in September

Industrial production in the world's largest economy gained in the month of September on a sequential basis, a survey released by Bloomberg revealed on Monday. According to the survey, U.S. industrial output advanced by 0.4% month-on-month in September after recording the same result in the previous month, while manufacturing added 0.3% on the month following a 0.7% rise in August.

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