U.S. soybean futures fell to a three-month low on Friday, as optimism over crop prospects in Brazil and Argentina underlined worries over ample global supplies.
On the Chicago Mercantile Exchange, US soybeans for March delivery inched down 4.0 cents, or 0.41%, on Friday to end the week at $9.7260 a bushel.
Prices of the oilseed hit $9.6720 earlier in the day, a level not seen since October 23.
On the week, the March soybean contract declined 10.53 cents, or 1.84%, the second consecutive weekly loss.
Meanwhile, US corn for March delivery tacked on 3.0 cents, or 0.78%, to settle at $3.8660 a bushel after data showed stronger-than-expected weekly exports.
Despite Friday's gains, the March corn contract shed 0.4 cents, or 0.1%, on the week, amid indications of plentiful supplies.
Elsewhere on the Chicago Board of Trade, US wheat for March delivery slumped 3.6 cents, or 0.7%, on Friday to close at $5.3000 a bushel.
Wheat fell to $5.2300 on January 20, the lowest since November 12.
On the week, the March wheat contract lost 2.6 cents, or 0.48%, the fifth straight weekly decline, amid ample global supplies and indications of reduced demand for U.S. wheat.
A broadly stronger U.S. dollar also weighed. The dollar index rose to more than 11-year highs on Friday, boosted by weakness in the euro.
A stronger U.S. dollar usually weighs on demand for raw materials, as it makes dollar-priced commodities more expensive for holders of other currencies.
The euro fell to fresh 11-year lows against the greenback after the European Central Bank unveiled a €1.2 trillion asset purchase program on Thursday.
The central bank will purchase €60 billion in assets per month, starting in March and continuing until late 2016, to combat slowing growth and inflation in the euro area.
In the week ahead, market players will focus on the release of key USDA data, including crop progress and weekly export sales figures.
Corn is the biggest U.S. crop, followed by soybeans, government figures show. Wheat was fourth, behind hay.
Sunday, January 25, 2015
Gold / Silver / Copper futures - weekly outlook: January 26 - 30
Gold edged lower on Friday, as a broadly stronger U.S. dollar prompted investors to book profits from a recent rally which took prices to the highest level in more than five months.
On the Comex division of the New York Mercantile Exchange, gold futures for February delivery dipped $8.10, or 0.62%, to settle at $1,292.60 a troy ounce by close of trade on Friday.
Futures were likely to find support at $1,272.10, the low from January 20, and resistance at $1,316.50, the high from August 15.
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, rose to more than 11-year highs of 95.77 on Friday, before trimming gains to end at 95.32, up 0.69% for the day and 2.33% higher for the week.
A stronger U.S. dollar usually weighs on gold, as it dampens the metal's appeal as an alternative asset and makes dollar-priced commodities more expensive for holders of other currencies.
The euro fell to fresh 11-year lows against the greenback after the European Central Bank unveiled a €1.2 trillion asset purchase program on Thursday.
The central bank will purchase €60 billion in assets per month, starting in March and continuing until late 2016, to combat slowing growth and inflation in the euro area.
Expectations of monetary stimulus tend to benefit gold, as the metal is seen as a safe store of value and inflation hedge.
The euro was also under pressure amid uncertainty over the outcome of Greek elections, due to be held on Sunday, with anti-bailout party Syriza leading in the polls.
A day earlier, gold hit $1,307.80, the most since August 15, before ending at $1,300.70, up $7.00, or 0.54%.
On the week, gold tacked on $15.70, or 1.21%, the third consecutive weekly gain. Gold is up almost 10% so far in 2015 as investors sought safety from volatility in global financial markets.
Also on the Comex, silver futures for March delivery shed 6.0 cents, or 0.33%, on Friday to settle the week at $18.30 a troy ounce by close of trade. On Wednesday, silver rallied to $18.50, the most since September 19.
The March silver futures contract picked up 55.0 cents, or 3%, on the week, the third straight weekly advance. Silver has gained nearly 16.5% in 2015.
In the week ahead, investors will be awaiting the outcome of Wednesday’s Federal Reserve policy meeting for further clarification on when interest rates might start to rise.
Friday’s preliminary data on U.S. fourth quarter growth will also be in focus.
Elsewhere in metals trading, copper for March delivery tumbled 7.7 cents, or 2.99%, on Friday to settle the week at $2.501 a pound by close of trade.
Copper's losses came after data showed that China's HSBC Flash Manufacturing Purchasing Manager's Index held below the 50.0-level for the second straight month in January, underlining concerns over the health of the world's second largest economy.
On the week, Comex copper lost 11.6 cents, or 4.43%, the second straight weekly decline.
The red metal is down approximately 11.6% so far in January as concerns over the global economic outlook and the impact on future demand prospects dampened the appeal of the commodity.
Copper hit $2.423 a pound on January 14, a level not seen since June 2009.
On the Comex division of the New York Mercantile Exchange, gold futures for February delivery dipped $8.10, or 0.62%, to settle at $1,292.60 a troy ounce by close of trade on Friday.
Futures were likely to find support at $1,272.10, the low from January 20, and resistance at $1,316.50, the high from August 15.
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, rose to more than 11-year highs of 95.77 on Friday, before trimming gains to end at 95.32, up 0.69% for the day and 2.33% higher for the week.
A stronger U.S. dollar usually weighs on gold, as it dampens the metal's appeal as an alternative asset and makes dollar-priced commodities more expensive for holders of other currencies.
The euro fell to fresh 11-year lows against the greenback after the European Central Bank unveiled a €1.2 trillion asset purchase program on Thursday.
The central bank will purchase €60 billion in assets per month, starting in March and continuing until late 2016, to combat slowing growth and inflation in the euro area.
Expectations of monetary stimulus tend to benefit gold, as the metal is seen as a safe store of value and inflation hedge.
The euro was also under pressure amid uncertainty over the outcome of Greek elections, due to be held on Sunday, with anti-bailout party Syriza leading in the polls.
A day earlier, gold hit $1,307.80, the most since August 15, before ending at $1,300.70, up $7.00, or 0.54%.
On the week, gold tacked on $15.70, or 1.21%, the third consecutive weekly gain. Gold is up almost 10% so far in 2015 as investors sought safety from volatility in global financial markets.
Also on the Comex, silver futures for March delivery shed 6.0 cents, or 0.33%, on Friday to settle the week at $18.30 a troy ounce by close of trade. On Wednesday, silver rallied to $18.50, the most since September 19.
The March silver futures contract picked up 55.0 cents, or 3%, on the week, the third straight weekly advance. Silver has gained nearly 16.5% in 2015.
In the week ahead, investors will be awaiting the outcome of Wednesday’s Federal Reserve policy meeting for further clarification on when interest rates might start to rise.
Friday’s preliminary data on U.S. fourth quarter growth will also be in focus.
Elsewhere in metals trading, copper for March delivery tumbled 7.7 cents, or 2.99%, on Friday to settle the week at $2.501 a pound by close of trade.
Copper's losses came after data showed that China's HSBC Flash Manufacturing Purchasing Manager's Index held below the 50.0-level for the second straight month in January, underlining concerns over the health of the world's second largest economy.
On the week, Comex copper lost 11.6 cents, or 4.43%, the second straight weekly decline.
The red metal is down approximately 11.6% so far in January as concerns over the global economic outlook and the impact on future demand prospects dampened the appeal of the commodity.
Copper hit $2.423 a pound on January 14, a level not seen since June 2009.
Saturday, September 13, 2014
Sudoku 24 Quest
Sudoku is an ancient game way back a thousand years ago, it was not from Japan origin but it was from Switzealand and travel to Japan by the way of America. Playing pc games won't makes you smart or any other games form the internet, it was wasting your electricity bills or internet quota.
So grab you pen and start completing the task.
You may download my Sudoku and print the pdf file. The password is **********, the password's price is USD 1.00.
Why should I buy? there are lots of free software over the internet.
Actually you are saving the electricity bills and makes your pc or laptop live more longer.
******************************************************************************************
Payment accepted in paypal, perfect money, egopay and neteller. Email me for password after payment has been made. provide transaction number.
the password price is USD 1.00 only!!
paypal : santoinperak@gmail.com
perfect money :U2810761
neteller : santoinperak@gmail.com
egoypay : santoinperak@gmail.com
download here now!!
So grab you pen and start completing the task.
You may download my Sudoku and print the pdf file. The password is **********, the password's price is USD 1.00.
Why should I buy? there are lots of free software over the internet.
Actually you are saving the electricity bills and makes your pc or laptop live more longer.
******************************************************************************************
Payment accepted in paypal, perfect money, egopay and neteller. Email me for password after payment has been made. provide transaction number.
the password price is USD 1.00 only!!
paypal : santoinperak@gmail.com
perfect money :U2810761
neteller : santoinperak@gmail.com
egoypay : santoinperak@gmail.com
download here now!!
Tuesday, June 3, 2014
Funny Story about love
Something Fishy
Have you heard of the man who fell in love with a mermaid? everything went on smoothly until his mother began to smell something fishy
Confess Our Faults
Mr A: i agree we should all confess our faults to one another. I shall begin. I have a bad habit of stealing.
Mr B : I've horrible habit of lying.
Mr C : I am glutton,
Mr D : I get drunk every night.
Mr E : I've got the terrible habit of gossiping and I can't wait to get out of here!
"Whoever gossips to you will gossip about you" -Anonymous
Have you heard of the man who fell in love with a mermaid? everything went on smoothly until his mother began to smell something fishy
Confess Our Faults
Mr A: i agree we should all confess our faults to one another. I shall begin. I have a bad habit of stealing.
Mr B : I've horrible habit of lying.
Mr C : I am glutton,
Mr D : I get drunk every night.
Mr E : I've got the terrible habit of gossiping and I can't wait to get out of here!
"Whoever gossips to you will gossip about you" -Anonymous
The Perfect Girl
John is about 42 years old; his friends have already got married while John just dates and dates. One day, a friends asks him, “what’s the matter, are you looking for the perfect woman?are you that particular? can’t you find some one who suits you?”
“No,” John replies.” I meet many nice girls, but as soon as I bring them home to meet my parents, my mother doesn’t like them. So I keep looking.”
“Listen,”his friend suggests,”why don’t you find a girl who just looks like your dear old mother?”. Many weks go by and again John and his friend get together.
“So John, did you find the perfect girl yet? One that’s just like your mother.?”
John shrugs his shoulder.”Yes, I found one just like my mother.my mother loved her. They quickly became friends.”
“are you and this girl engaged yet?”
“I am afraid not. My father can’t stand her!”
Monday, June 2, 2014
Tuesday, April 22, 2014
Animal can be trained
Animal can be programmed but not all of them. Would you like to sleep beside a lion even their are been living with you since it was a cub?
Click here to watch 20 sec of parrot flying into a ring
Location : Lokawi Zoo,Sabah, Malaysia
Click here to watch 20 sec of parrot flying into a ring
Location : Lokawi Zoo,Sabah, Malaysia
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