Wheat prices rise to highest level since June
Wheat prices rose to their highest level in four months Friday as traders reacted to reports of a disappointing harvest outlook from Argentina.
Wheat for December delivery rose 19.75 cents, or 2.9 percent, to $7.0575 a bushel Friday, the highest price since June.
The Argentinian Agricultural Ministry issued a forecast of 8.8 million metric tons of wheat...
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Aussie shares hit five-year high, dollar near eight-month low
TOKYO (Reuters) - Australian shares climbed to a five-year peak on Monday, drawing confidence from another record high on Wall Street as investors bet the Federal Reserve will put off winding back its cheap money policies until next year.
Many analysts think the Fed will be wary of scaling back its $85 billion-a-month bond-buying program until...
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Daily Market Review for October 17th 2013
Major Economic Data to keep an eye on:
Make sure to keep track of economic news related to your open positions.
GBP – Core Retail Sales (MoM+YoY) – 9:30 GMT
GBP – Retail Sales – 9:30 GMT
USD – FOMC Member Fisher Speaks – 12:45 GMT
CAD – Foreign Securities Purchases - 13:30 GMT
USD – Building Permits –...
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