Wheat advanced amid Australian harvest fears

Note: This section contains information in English only.
Source: Forexpros
Wheat futures climbed in European morning session on Wednesday as concerns that Australian production may fall by 6.2% in 2012-13 season supported the price. Weaker greenback also boosted appeal of dollar-denominated commodities. Wheat futures for delivery in July traded at 6.2125 US Dollars per bushel on the New York Mercantile Exchange, adding 0.15%.

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Wed, 13 Jun 2012 13:58:46 GMT

Borrowing costs soared at Italian debt auction

Italy faced soaring borrowing costs at today's 12-month auction as worries that the country will need bailout lingered. Italian Treasury sold targeted amount of 12-month sovereign bonds worth 6.5 billion Euros generating the yield of 3.972%, the highest mark since December 2011. Meanwhile, the yield on 10-year government's bonds inched down from 6.22% to 6.10% after the auction.

Wed, 13 Jun 2012 17:39:42 GMT

South Korea's unemployment drops to 3.2%

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