Rubber depreciates on increasing Yen and weak data from China

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Source: Bloomberg
Rubber futures for October settlement were lower by 1.7% to 259.2 Yen per kilogram on the Tokyo Commodity Exchange in the morning on Wednesday. Commodity futures lost 14% this year. The commodity slides as the Japanese Yen strengthened and China announced weaker than expected manufacturing industry data. Also, crude rubber stockpiles in Japan increased by 2% and reached 15,976 tons on 20th of April.
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Wed, 01 May 2013 10:21:03 GMT

Crop drops on speculation about U.S. harvest

Wheat futures for July settlement edged lower by 1.2% to $7.225 per one bushel on the Chicago Board of Trade in the morning of Singapore trading session on Wednesday. The commodity price increased by 5.6% in two previous sessions and today traders cashed in profit on speculation that rains will help winter wheat to recover in Kansas, the biggest U.S. grower.

Wed, 01 May 2013 11:37:03 GMT

Dow up amid improvement in consumer confidence

U.S. blue chips climbed on Tuesday, as consumer confidence rose more than predicted in April. In addition, investors awaited new stimulus programs from central banks. The Dow Jones Industrial Average Index advanced 0.14% to 14,839.80 points as of 4:14 p.m. New York time. Among the gainers, The Walt Disney Co surged 1.8 to $63.00 and International Business Machines Corp added

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