Yen weakens on Abe's victory

Source: Bloomberg
© Scanpix/AFP
Japan' s currency weakened to the lowest level since 2011 against the U.S. Dollar as Shinzo Abe's Liberal Democratic Party won the Japanese elections yesterday. The Japanese Yen fell to 84.48 per greenback, the weakest level since April 12, 2011. It lost 0.4% to 110.38 per Euro, after fetching 111.32, the lowest since March 21.
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Mon, 17 Dec 2012 08:41:19 GMT

Asia stocks fall, Japan rises

Asia stocks declined, with the regional benchmark index poised to halt the longest rally since 2004, as suppliers to Apple fell. The MSCI Asia Pacific Index lost 0.2% to 127.13 after climbing as much as 0.3%. Japan's Nikkei 225 Stock Average gained 0.9% reaching the highest level since April. Australia's S&P/ASX 200 slipped 0.2% and New Zealand's NZX 50 Index

Mon, 17 Dec 2012 12:52:08 GMT

Sugar rose despite ample global supplies

Rural commodities, excluding coffee, were bullish on Friday, boosted by broadly weaker US Dollar and firm China's data. Positive comments of the International Grain Council lifted grain futures. The IGC stated global demand is likely to grow at least at the same pace as a rise in supplies heading to 2017-18. Wheat jumped on supportive statement of the IGC. However,

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