Soybeans rise first time in three days

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Source: Bloomberg
© Scanpix/RS
Soybeans increased for the first time in a three-day period amid signs that demand in the world's largest consumer, China, is rising and as Chinese investors are waiting for a new crop from the U.S. to come on stream. Soybeans for July delivery advanced by 0.5% to $14.1925 a bushel on the CBOT and ware traded at $14.18 as of 2:03 p.m. Singapore time.

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Thu, 16 May 2013 11:41:06 GMT

Euro drops versus U.S. Dollar before inflation report

The 17-nation bloc currency depreciated versus the U.S. Dollar for the sixth session, the longest streak of losses in a year as investors awaited a report showing slower-than-expected April's inflation in the region. The Euro lost 0.2% to $1.2861 as of 8:13 a.m. London time following a fall to $1.2843 yesterday, the lowest level since April 4.

Thu, 16 May 2013 11:19:04 GMT

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