Corn supply weakens most since 1995

Note: This section contains information in English only.
Source: Bloomberg
Drought damage in corn market exceeds government estimations and pushes the U.S. corn supply to the lowest level in 10 years. Inventories on the 1st December were 15% lower comparing with a year earlier, according to analysts estimation. Top banks announced forecast, that the price will increase at least 17% to more than $8 a bushel in 2013 due to drought damage.
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Thu, 10 Jan 2013 15:16:05 GMT

Ruble depreciates on the Central bank announcement

The Ruble was lower by 0.2% versus the basket to 34.543 in the morning Moscow trading session on Wednesday. The Russian currency depreciated, as the Baank Rossii, the Central Bank of Russia, said that it will not buy or sell any foreign currency beyond 7 p.m. to influence its movement. In December the Central Bank of Russia have not tried

Thu, 10 Jan 2013 14:54:06 GMT

Gold appreciates on a positive China's outlook

Spot gold price was higher by 0.2% to $1,660.85 an ounce in Asian trading hours on Thursday. Gold reverses previous losses, as China announced better than expected exports data, indicating a positive outlook for the second biggest world's economy and that demand for commodities will remains robust. Chinese exports increased by 14.1%, tripling a 5% economists' prediction.

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