Agricultural commodities mixed after USDA report

Note: This section contains information in English only.
Source: Dukascopy Bank
Rural commodities were mixed on Friday with advancing grain commodities and falling sugar and coffee futures. The commodity pack was pressured by the broadly stronger US Dollar and improved weather conditions in the US. Grains gained fresh stimulus after USDA lowered estimation of the global grain stockpiles. Wheat was also bolstered by bargain buying as commodity moved to the oversold area. Meanwhile, speculation over strong China's demand for US corn pushed up corn's price. However, dry and warm weather in the US limited the upward trend of grain futures. Sugar ended the week with 1.25% loss on the expectation of the ample global supplies. At the same time, coffee traders are anxious as Brazilian coffee harvest looms.


Back to articles

Actual Topics

Mon, 12 Mar 2012 16:18:26 GMT

FTSE 100 down 0.2% on China trade report

British FTSE 100 index traded slightly lower on Monday as news about Chinese record high trade gap weighed on miners and oil shares. Vedanta Resources fell 3%, Randgold Resources lost 0.4% while Rio Tinto PLC tumbled 1%. Essar Energy dropped 1.2% and Cairn Energy gave up 0.5%. Man Group fell 1.6% after HSBC downgraded the stock from overweight to neutral.

Mon, 12 Mar 2012 15:16:25 GMT

Natural gas advanced on technical buying

Energy markets closed higher on Friday on the inspiring data from the US labour market and anxiety over tensions between Iran and Western economies. Moreover, positive outcome of the Greek debt swap talks created fresh stimulus for the base metals pack. However, from the demand side, slowdown of Chin's economy continued to weight down on the group. Weaker world's equities

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.