Wheat dropped despite global supply concerns

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Agricultural commodities balanced between global demand concerns and potential supply cuts. Broadly stronger US Dollar also weighed on the commodity pack.

Wheat extended previous losses despite speculation that droughts in the US, Russia and Australia are likely to impact the crops.

Corn was sharply lower as cooling China's economy and turmoil in the Euro Zone added to worries about fall of the global demand.

Sugar was the only gainer; however, fundamentals are still weak as demand softens while potential supplies are expected to top record levels.

Coffee was unchanged, remaining near 22-month low as Brazil predicts its export to attain record level of 2 million bags this month.
Back to articles

Actual Topics

Mon, 28 May 2012 06:26:58 GMT

Crude oil rose as Iranian talks stalled

Crude oil prices increased in Asian session on Monday amid stronger than initially expected US consumer confidence data and failure of Iranian talks to reach a consensus on nuclear program. Moreover, indications that pro-austerity parties are gaining popularity in Greece also lifted the price. Light, sweet crude oil futures for July delivery traded at 91.47 US Dollars per barrel on

Fri, 25 May 2012 19:58:46 GMT

Copper rose on production cuts

Industry metals rallied on Thursday despite weak manufacturing data from the Euro Zone, China and the US.Aluminum closed slightly higher due to tumbling supplies as major producers started to cut down the output levels in view of low prices. Henan, largest aluminum producing province in China, reduced capacity by 700,000 tons in the recent months.Copper also faced production cuts as

Subscribe to "Fundamental Analysis" feed

Souscrire
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.