The shared currency of the European Union dropped to its lowest rate in roughly two months against the Japanese yen on Wednesday as speculation developed that the European Central Bank will intervene to prompt regional economic development and growth, according to Bloomberg.
The South Korean won marked its biggest gains in roughly two weeks on Monday against the world’s reserve currency as the trade week began as confidence spread about the preparation for month’s end amongst traders, according to Bloomberg.
The South Korean won advanced toward its top value in eight months on Monday against the world’s reserve currency, Bloomberg reports.
The South Korean won marked its biggest gains in roughly two months on Friday against the U.S. dollar, following the upward drive of Asian equities that were propelled by better than forecast retail sales data in the U.S., Bloomberg reports.
Brent crude oil futures were climbing in value on Monday as the energy commodity returned to prices higher than $100 per barrel, according to The Wall Street Journal. Last week saw the energy commodity drop lower than $100 per barrel for the first time since July of last year. Waning global demand has been tugging… Read more.
Increased saber rattling between North and South Korea pulled down the South Korean won on Wednesday as the monetary unit dove to its lowest rate in six months against the U.S. dollar, Bloomberg reports. South Korean employees have been banned from fulfilling their professional tasks in the Gaeseong industrial zone, located just north of the… Read more.
The production of wheat in the globe's second-largest generator of the grain is poised to push to record highs for a seventh year thanks to assistance from brisker weather, according to Bloomberg. Yield prospects in India are being prodded higher by colder weather, which also is prompting increased planting, according to Bloomberg. Increased soil moisture… Read more.
A 14-ton purchase of bullion by South Korea drove gold futures back above the threshold price of $1,700 per troy ounce on Wednesday, according to Reuters. The yellowish metal also benefited from stock market solidifying while gold buyers were activated into purchasing by recent dips. One trader said late last month that volatility within the… Read more.
Hogs are generally bred twice a year in a continuous cycle designed to provide a steady flow of production. The gestation period for hogs is 3-1/2 months and the average litter size is 9 pigs. The pigs are weaned at 3-4 weeks of age.
Conjecture about the central banks of the globe's two largest economies employing measures to spur those economies benefited monetary units of Asia on Thursday, according to Bloomberg. The Malaysian ringgit pushed to a two-week high and the won of South Korea achieved a fifth day of gains, marking its longest bullish run in about one… Read more.