Wheat traded in Chicago increased on Monday after the futures recorded the largest drop since January 10 last week amid speculation that dryness in Texas may not be eased by weather forecast signaling light rains in the area. Wheat futures for settlement in May gained as much as 0.7% to $6.7475 per bushel as of 5:26 a.m. in Chicago.
Gasoline futures traded in New York increased on Monday trading session after an industry report showed that the regular gasoline average price advanced by 4.9 cents in the last two weeks reaching a level of $3.6065 per gallon, the most since July 26. Gasoline futures climbed as much as 2.34 cents to $2.9313 per gallon on the NYMEX.
The South Korean currency declined on Monday trading session falling from the highest level in a three-month period as importers started buying U.S. Dollar after a recent rally of the Won and as speculation over the Fed's monetary policy increased. The Korean Won traded 0.2% lower at 1,055.45 a U.S. Dollar at the close in Seoul following a gain to
U.S. Treasuries increased on Monday trading session after the benchmark 10-year yields recorded the largest drop in month last week as investors speculate that the job growth in the U.S. may not be strong enough for the Fed to tighten its monetary policy. The U.S. benchmark 10-year yields were last seen at 2.72% by 7:05 a.m. New York time.
Emerging-markets shares dropped on Monday trading session pushed down by Russian shares falling by the most in a month as protest in Ukraine's east part for joining the Russian Federation escalated overshadowing gain of Indonesian equities. The MSCI Emerging Markets Index slid as much as 0.1% to 1,001.20 as of 11:24 a.m. London time.
Spain's government notes declined on Monday trading session with the benchmark 10-year yields rebounding from the weakest levels since 2005 after Edwards Nowotny, a Governing Council member, suggested that there may be no further policy easing by the ECB. The Spanish 10-year notes yielded six basis points higher at 3.21%, the largest advance since February 3.
Italy's government securities dropped on Monday pushing the benchmark 10-year yields higher from the weakest levels all-time as investors weighed on results from the European Central Bank officials' speeches whether the bank increase assets purchases or not. The Italian 10-year bonds yielded three basis points higher at 3.20% as of 12:21 p.m. in London.
Construction sector in Australia improved in March, however the index measuring activity in the sector stayed below a level of 50 indicating expansion, a report published by the Australian Industry Group and Housing Industry Association showed on Monday. The Australia's construction sector activity index advanced from February's level of 44.2 to 46.2 recorded in March.
A leading economic index in the Asia's second largest economy dropped in February falling by more than experts originally projected and to the weakest level in six months, a data unveiled by Cabinet Office showed on Monday. According to the data, the Japanese leading index slipped from a level of 113.1 in January to 108.5 in the following month.
Investor confidence in the 18-nation bloc surprisingly accelerated in April reaching the highest level in three years, a report released by think tank Sentix revealed on Monday. According to the report, the Eurozone's investor confidence index advanced from a level of 13.9 points in March to 14.1 in the following month, the strongest since April 2011.
Industrial output in Spain increased in February with the pace of growth rising from the month before, a report unveiled by the statistical office INE revealed on Monday. According to the report, the country's industrial production accelerated by 2.8% in February after recording a 1.3% advance in the prior month.
Industrial output in the Europe's largest economy advanced in February rising for the fourth successive month signaling that the gross domestic product in Germany may record robust figures in the Q1, a report released by the statistical office Destatis unveiled on Monday. The country's industrial production gained 0.4% on a sequential basis in February after rising 0.7% in the prior
The Japanese shares swung between gains and losses earlier on Monday with the benchmark stock index Nikkei 225 falling towards the weakest level in a week after last week's favourable jobs data from the U.S. were overshadowed by a drop on Wall Street. The Nikkei 225 stock average lost 1.6% to 14,817.33 following a drop to 14,808.81.
The majority of European shares traded lower with the region's government bonds traded higher amid projections that the European Central Bank may increase assets purchases as the economy struggles to recover at a stable pace and the inflation is slow. The FTEU3 stock index slipped 0.8% and German and Italian securities advanced today.
The majority of global shares declined on Monday trading session falling from the six-year peak reached last week as technology stocks dropped and as speculation that the European Central Bank may ease monetary policy raised. The MSCI world-equity gauge lost as much as 0.33% after recording the highest level since 2007 last week.
Gold fell below its highest price in one week as investors speculated on the outlook for U.S. officials to continue scaling back stimulus ahead of raising interest rates. The yellow metal for immediate delivery slid 0.3% to $1,299.68 as of 9:01 a.m. London time, while bullion for June delivery slipped 0.3% to $1,299.90 in New York.
European shares retreated from the highest level in six years as technology stocks dropped following America's selloff. The Bloomberg European Index slipped 0.7% to 229.62 as of 11:14 a.m. London time, while the Stoxx Europe 600 Index advanced for a ninth straight day on last Friday, making it the longest streak of gains since October.
Confidence among Greek officials concerning a return to bond markets has risen recently, as yields on country's debt securities dropped to the minimum since 2010, namely to 6.12% for 10-year bonds. At the same time, country's economy is only starting to rise with unemployment reaching 27.5%, making the Greek budget situation unexpected in terms of social payments in the future.
U.K. shares retreated the most in 10 trading days as ARM Holdings Plc pulled technology companies lower. The FTSE 100 Index slid 0.7% to 6,647.19 as of 9:03 a.m. London time, declining from its peak in a month. The FTSE All-Share Index fell 0.7% as well, while Ireland's ISEQ Index decreased 0.3%. U.K. shares rose 2.6% in the previous three
The World Bank decided to revise its expectations concerning economic growth in East Asia for this year, comparing with previous forecasts that were made in October 2013. As now predicted, region's economy will add 7.1% this year, as well as in 2015 and 2016. Moreover, Chinese economy will jump 7.6%, however, excluding this country, the region will advance only 5%
Trade deficit in Finland decreased slightly in February of the current year on the annual basis, reaching 70 million euro versus 110 million euro a year ago and 500 million euro in January 2014. Alongside, the gap shrank to the lowest number since October. During the second month of this year, exports plunged 2% year-on-year, however, imports showed a decrease
Consumer price index in Switzerland remained flat in March of this year on the annual basis, although economists expected prices to go down 0.2%. On a monthly basis, the CPI index rose 0.4% after a 0.1% increase in February, showing the fastest advance in a year. At the same time, the Swiss National Bank projects the inflation to be low
The Australian Dollar was 0.3% away from approximately four-month high versus the U.S. Dollar as traders bearish bets fell to the lowest level in about a year. The Aussie slid 0.1% to 92.86 U.S. cents at 5:15 p.m. Sydney time form April 4, when the currency touched 93.08, the strongest level since November 21. The Kiwi added 0.1% to 86.09
The greenback traded higher versus Eurozone's currency after a three weekly advances ahead of the release of U.S. central bank minutes. The U.S. Dollar traded at $1.3708 per Euro at 7 a.m. London time after appreciating 0.3% previous week to $1.3705. The Japanese Yen gained 0.2% to 103.08 per Dollar, prolonging a 0.6% climb on April 4. Japan's currency added