Corn futures decline on South America weather forecast

Source: Forexpros

Corn futures eased down as investors continue to eye weather conditions on South America as well as firm Dollar weighted down on the corn price. Corn futures for delivery in March traded at USD6.5462 a bushel during the early European trade, on the Chicago Mercantile Exchange, losing 0.66%.

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Thu, 05 Jan 2012 16:18:35 GMT

New Industrial orders increased by 11.8% in the Euro Area in October

New industrial orders index increased by 1.8% in the Euro Area in October on a monthly basis after decline by 7.8% in September. In the EU new orders rose by 0.5% in October after 2.1% decrease in September. Excluding railway, aerospace and ships, the orders on which appear to be more volatile, new orders in the Euro Area fell by 0.5% and in the

Thu, 05 Jan 2012 16:17:35 GMT

France sold 8B euros of government bonds

France sold about 8 billion euros of different government's bonds with 4.02 billion euros of 10-year bonds. The 10-year bonds saw 6.61 billion euros bids generating the yield of 3.29%, up from 3.18% last month. Bids exceeded supply 1.6 times that is lower than during the previous auction when the bid-to-cover ratio was 3.1. France sold 2.2 billion euros of 30-year bonds with yield of 3.97%.

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