Soybeans climb to 2-month high on demand slowing down

Source: Bloomberg
Soybeans jumped on Monday reaching a two-month peak after a demand for supplies of the world's largest producer of the commodity, U.S., slowed after Friday's USDA report showing that exporters sold soybeans totaling 110,000 tons to China. Soybeans for delivery in January advanced 0.6% to $13.45 on the CBOT, the most since September 19.

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Mon, 02 Dec 2013 12:06:03 GMT

Pound rises against U.S. Dollar before manufacturing report

The British Sterling strengthened on Monday rising for the fifth straight session against the U.S. Dollar before a government report showed that manufacturing production in the United Kingdom accelerated in November. The Pound added 0.3% to $1.6418 as of 7:46 a.m. in London following an advanced to $1.6443, the most since August 29.

Mon, 02 Dec 2013 10:40:03 GMT

China's shares slip as government resumes IPO

China's equities declined on Monday with the small-companies gauge falling by a record as government signaled that it resumes initial public offerings and as data showed that manufacturing in China rose in November. The Shanghai composite Index slipped 0.9% to 3:07 p.m. Tokyo time, whereas the ChiNext shrank 8.1% during the session.

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