U.S. building permits grew in May

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Source: Forexpros

U.S. Census Bureau reported on Tuesday that the amount of building permits that were issued in May rose 7.9% comparing to the April's figure of 0.723 million and reached 0.780 million on a seasonally adjusted basis. Analysts expected that this figure would gain 1%, reaching 0.728 million. Moreover, this is the highest level for almost five years.

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Tue, 19 Jun 2012 15:32:58 GMT

Canada's wholesale sales soared by 1.5% in April

Wholesale sales in Canada increased more than expected in April, rising for the third month in a row, reported Statistics Canada. Wholesale sales surged by 1.5% in April as compared to a 1% jump expected. The country's wholesale sales amounted 49.3 billion Canadian Dollars mostly due to a 12.8% increase in miscellaneous sector. After the data release, the Canadian Dollar

Tue, 19 Jun 2012 14:54:58 GMT

Coffee declined on weak fundamentals

Rural commodities were mixed on Monday as Eurozone's instability continued to dent demand prospects. At the same time, deteriorating weather in the top-growing regions worldwide provided fresh stimulus for the commodity pack.Wheat soared as Russian harvest is expected to fall by 7.2 MT this year because of drought. However, Rabobank's report that global supplies are likely to be ample while

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