Roundup: U.S. equities post weekly loss amid inflation fears
NEW YORK, May 15 (Xinhua) -- U.S. stocks pulled back for the week as a key inflation gauge showed higher-than-expected price pressures, spooking investors. For
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NEW YORK, May 15 (Xinhua) -- U.S. stocks pulled back for the week as a key inflation gauge showed higher-than-expected price pressures, spooking investors. For
By Kirk Maltais --Wheat for July delivery rose 5.3% to $7.10 1/2 a bushel, the highest close since May 2014 on the Chicago Board of Trade Thursday, with commercial traders jumping into futures amid global supply concerns. --Corn for May delivery rose 4% to $6.50 1/2 a bushel, the highest close since July 2013. --Soybeans for July delivery rose 2.4% to $15.14 1/4 a bushel, the highest close since July 2013. HIGHLIGHTS Solid Backdrop: The surge seen in CBOT grains futures Thursday may appear sudden, but is well-supported by what's currently known about the world's grains supply...
By Kirk Maltais --Wheat for May delivery fell 1.5% to $6.42 1/2 a bushel on the Chicago Board of Trade Thursday after Egypt's grain buying authority paid a lower price for grain exports, indicating lower demand for wheat. --Soybeans for May delivery rose 0.3% to $14.13 1/2 a bushel. --Corn for May delivery rose 0.8% to $5.38 1/2 a bushel. HIGHLIGHTS Follow the Leader: Wheat futures fell Thursday, after the Egyptian state grains buyer purchased Romanian wheat for a price cheaper than its previous purchase -- $281.49 per ton vs. $291.70 last month. Egypt launched this tender f...
BEIJING, Dec. 24 (Xinhua) -- Economic activity in China has normalized faster than expected, according to the latest report published by the World Bank. The rep