Soybeans futures are lower as Brazil expands market share

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Source: Bloomberg
Soybeans futures for May settlement slipped by 0.7% to $14.69 per one bushel on Chicago Board of Trade during Singapore trading session on Tuesday. The commodity declined from the highest level in last month on signs that demand for U.S. production might decrease, as Brazil expands its harvest and set to be the biggest exporter this year.
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Tue, 12 Mar 2013 11:57:44 GMT

British manufacturing production contracted in January at the highest level since June 2012

British manufacturing production contracted in January at the highest level since June 2012, raising awareness that the economic crisis will be back if activity will continue to shrink in current quarter. Manufacturing output fell 1.5% in January in comparison with December. The industrial production, that includes mining and quarrying, electricity, gas and water supply, dropped 1.2% from December. "With the February

Wed, 13 Mar 2013 14:07:46 GMT

AUD/USD retests the 20-day SMA

During Friday's trading session the pair sharply dropped to the weekly PP level at 1.0209, but today the pair has already regained its position and even surged above the 20-day SMA, which is currently located at 1.0257.

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