Wheat gains on Barack Obama re-election

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/RS

Wheat steps higher as for December settlement price advanced 0.3% to $8.8 a bushel in the end of Asia trading hours on Wednesday. Investors were trading commodities positively, as Barack Obama won re-election bringing expectations that U.S. monetary policy will stay loose. That brings the U.S. Dollar value down and increases the appetite for more risky assets.

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