New Zealand's commodity prices tumbled to 21-month low

Source: Forexfactory
The commodity price index measured by ANZ dropped by 4.2 %, attaining 21-month low last month. The ANZ Commodity Price Index approached 260.8, indicating decline for the last 12 months. The major contributors to the decline were falling prices of diary and wool products while slight increase in kiwifruit and apple prices limited the downswing.
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Fri, 01 Jun 2012 07:30:10 GMT

Gold depreciated in Asian trading

Gold fell during Asian trading on Friday ahead of US data on the state of the labour market. COMEX gold August contract traded at 1,555.70 US Dollars per troy ounce on the New York Mercantile Exchange, falling by 8.50 US Dollars. Experts say that negative payroll data is likely to bolster the yellow metal price as likelihood of monetary easing

Fri, 01 Jun 2012 09:20:09 GMT

British pound depreciates 0.5% versus Dollar

British Sterling declined versus greenback on Thursday on speculation the widening European debt turmoil is curbing UK economic outlook. The Pound fell 0.5% versus its US peer to USD 1.5408 and dropped 1.4% against Yen to JPY 120.66. Currently GBP/USD is trading at USD 1.5384. 

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