Soybeans on course for 7th straight weekly gain Wheat firms nearly 2% despite improved outlook
CANBERRA, May 14 (Reuters) - U.S. corn futures rose 1% on Friday to rebound from a two-week low touched earlier in the session, though the grain was on course to post its biggest one-week low in nearly two years as concerns over global supplies tempered.
Wheat rose more than 1.5% on Friday, drawing support from corn, while soybeans also firmed.
The most active corn futures contract on the Chicago Board Of Trade was up 1.2% at $6.82-1/4 a bushel by 0301 GMT, after hitting its lowest since April 30 of $6.66 a bushel earlier in the session.
China carries hope for global vaccine supply which may be affecting the h2328
While the US presents itself as an advocate of expanding vaccine supplies, the world is rapidly becoming more dependent on China for vaccines as the COVID-19 pandemic makes it difficult for India to fulfill its vaccine supply agreement. Not only has China become the largest exporter [of COVID-19], but in many countries, China has become the only option, said Yanzhong Huang, a China expert and senior fellow for global health at the Council on Foreign Relations.
While the epidemic is out of control in India, Brazil and other countries, and foreign aid from the United States and the European Union is slow, the reliability of Chinas vaccine supply is gradually becoming prominent.
In Delhi, petrol now costs Rs 92.34 per litre and diesel is priced at Rs 82.95 per litre up from yesterday s level of Rs 92.05 and Rs 82.61 a litre respectively in the national capital.Acro
BH Global Limited - Update - Possible Corporate Action PR Newswire London, May 14 THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION BH Global Limited (the "Company") (a
By Reuters Staff
2 Min Read
(Reuters) - Global investors continued to buy equity funds in the week ended May 12, driven by hopes of an economic rebound and expectations of faster vaccine rollouts to curb the pandemic.
FILE PHOTO: A nearly empty trading floor is seen at the New York Stock Exchange (NYSE) in New York, U.S., May 22, 2020. REUTERS/Brendan McDermid/File Photo
According to Refinitiv data, global equity funds received $15.1 billion worth of inflows, the biggest in four weeks.
However, the inflows mainly involved cyclical stocks, while growth funds, which invest in fast-expanding sectors such as tech, faced outflows on concerns over rising inflation levels. (Graphic: Fund flows into global equities bonds and money markets, )