Wheat gains for the second day on rising import demand

Source: Bloomberg
© Scanpix/Reuters
Wheat futures for March settlement were higher by 0.7% to $8.16 a bushel on the Chicago Board of Trade on Wednesday. The price of wheat advanced by 25% this year and is the best performer of S&P GSCI Commodity Index from 24 raw materials, but, however, it has dropped by 14% since July, the highest point in four years. Wheat increases on signs that demand for an import increases and the supply from Argentina gradually shrinks.
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Wed, 19 Dec 2012 14:41:15 GMT

Pound advances ahead BOE Minutes

The British Pound gains by 0.2% to $1.6287 in London trading session on Wednesday. The Pound increased for a fourth consecutive trading session and is in the highest level since 21st of September. Market is driven by speculation that the Bank of England will announce that economic recovery is sufficient not to make additional quantitative easing and will keep 375

Wed, 19 Dec 2012 14:19:12 GMT

Emerging market equities gains reached a 8-month high

The MSCI Emerging Market Index increased by 0.4% to 1,050.28 points in Hong Kong trading session on Wednesday. That was the highest close point since April, 2012. Emerging markets advance on the World Bank positive growth perspective for East Asia - the region will probably grow by 7.5%. Also, investors traded positive on speculations that India will cut the key

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