Wheat falls on outlook for record world crop

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Source: Bloomberg
Wheat traded in Chicago declined on Wednesday hitting the lowest level in eighteen months amid speculation that inventories of the commodity may expand on projections that crop will reach the record high. Wheat for settlement in March fell 0.4% to $6.17 per bushel on the CBOT by 6:17 a.m. local time and was set to drop for the fifth consecutive session.

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Wed, 18 Dec 2013 17:09:31 GMT

Canadian wholesale trade surges in October

The Canadian wholesale trade data advanced 1.4% to $50.5 billion in October, thus exceeding the analysts expectations. The growth in wholesale trade was boosted by the surge in machinery and supplies sector which surged 5.6%, the largest monthly gain since September 2003. Significant gains in sales was also for computer and communication equipment which jumped 6.6%. 

Wed, 18 Dec 2013 17:31:07 GMT

Yen depreciates as Japan reports trade deficit

The Japanese Yen dropped thus halting its three day winning streak, after Japan reported unexpectedly big trade deficit of 1.35 trillion Yen in November.  The Japan's currency tumbled against most of its 16 major peers, falling 0.3% versus the U.S. currency and slipping 0.2% versus the shared currency. 

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