Wheat plunged after USDA stockpiles report

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Farm commodities dropped on Tuesday amid dismal demand prospects in the light of fiscal difficulties in Spain and Italy.

Wheat was the top-loser, sliding the most in a week after USDA reported that world's inventories are likely to be larger than forecast.

Corn followed bearish trend as demand is weakening while supplies are expected to be ample due to high US crops and improving weather conditions in the top-growing regions.

Sugar lost 0.84% despite speculation that Brazilian sweetener's production is expected to drop this year amid drought concerns.

Coffee was lower as demand is likely to decline this year on faltering global economy and sufficient supplies. ICO reported that global consumption gained 1.7% last year, being below 12-year average while Brazilian harvest is likely to be record high.


Back to articles

Actual Topics

Wed, 13 Jun 2012 15:28:41 GMT

Copper grows on Italian bond sale

On Wednesday, futures for copper were surging in the European morning trading session, as Italy witnessed an increase of the borrowing costs. On the NYMEX, July delivery futures for copper were traded at USD3.364 per pound, which was a gain of 0.85% since the beginning of the European morning trading session.

Wed, 13 Jun 2012 17:39:42 GMT

South Korea's unemployment drops to 3.2%

South Korea's jobless rate reached its bottom in four months due to the continued recruitment boost in the service segment. According to Statistics Korea, the country's unemployment in May fell to 3.2% in contrast to the previous month's 3.4%. However, Ronald Man, HSBC Holding PLC's analyst, stated that as Korean manufactures are becoming more restrained, this could negatively impact the production output, and, consequently, weaken

Subscribe to "Fundamental Analysis" feed

Subscrever
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre as opções binárias do Dukascopy Bank / Plataforma de negociação Forex, SWFX e outras informações relacionadas com Trading,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para saber mais sobre a plataforma de Trading / Trading de Crypto/ CFD / SWFX e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para saber mais sobre o programa de Introdutor de Negócios e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.