Speculation that China Central Bank will raise mortgage interest affecting commodity markets.
In London and New York, sugar prices fell from record highs, the biggest drop since last 22 years
Rumors that China, will reduce for sugar, the sugar prices have fallen, after the ICE Futures U.S. Contracts raise margin of 65% to US. $ 4,970 per contract of U.S. $ 3,010
Index Thomson Reuters / Jeffries CRB Index, an index of 19 basic commodities, fell 3.6%, the biggest decline since April 2009
The biggest decline was led sugar and nickel prices. The price of sugar has nearly doubled from its lowest level this year drop in May, due to degraded land in Brazil, the world's largest sugar producer, Russia, Thailand, and Pakistan
International sugar organization indicates an increase in demand for sugar by 1.7% this year.
For two decades of the 32% the ratio of supply and consumption has been falling down to the lowest
Resulting in increasingly falling sugar prices about speculation rising interest rates in China Central Bank
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11/15/10
Euro currency close to its lowest level in 6 weeks
Euro currency close to its lowest level in 6 weeks
Sources Bloomberg, in Tokyo said the euro traded near six-week low against the dollar amid denials of Ireland that the Irish is looking for help before the meeting of European finance chiefs next few days
Euro currencies weakened against the dollar after the Australian and New Zealand, Minister of Commerce of Ireland, Batt O'Keeffe yesterday asserted, does not need an injection of fresh funds.
Euro currencies weakened against the dollar after the Australian and New Zealand, Minister of Commerce of Ireland, Batt O'Keeffe yesterday asserted, does not need an injection of fresh funds.
"The euro easily corrected if there is a risk of the bailout in some countries. The market they choose to sell the euro and return to the dollar, "said Kazayuki Kato, Mizuho Trust & Banking Co., Tokyo
Euro used by 16 countries of the European Union in the level of US. $ 1.3683 at 8:02 in Tokyo from .US. $ 1.3691 in New York on 12 November and had touched US. $ 1.3574, its lowest since September 16
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