AUD/USD Falls On New Euro Zone Bailout Worries

Australian dollar was lower against its U.S. counterpart on Wednesday, Greek reports of divisions within the euro area in terms of recovery, such as poor market sentiment.

AUD / USD, day late Asian trading at low speed, then the pair consolidated 0.9879, 0.9844 0.36% hit.

Double-high 0.9985 on Tuesday at, 0.9690 September 22 and resistance is likely to find the lowest support.

Market sentiment, a rescue plan for Greece seconds EUR109 information on conditions in the euro area, a split among the European leaders addressed the debt crisis has added to concerns, as he was beaten.

Meanwhile, the Greek Parliament, one of the countries closer to get more financial support and avoid a possible failure, on Tuesday night passed a law on property taxes.

At the end of the day, the European Fund for financial stability in Finland was the realization of the potential increase in the vote.

Also Wednesday, the data industry in Australia new home sales down 8% after one month, rose 1.1% in August.

Meanwhile, the Australian dollar trading at 1.2574, AUD / NZD 0.04% to New Zealand dollar rose against the inching.

Later Wednesday, a U.S. raporuFederal Reserve, Ben Bernanke, scheduled to speak at the same time order for durable goods, to be published.

Cotton Futures Rebound On Global Crop Concerns

Cotton term of about seven weeks away from concern about the conditions of the United States that is deteriorating at a minimum, Pakistan on Tuesday, recovered quickly, and a black-out material on growing fears of rising prices send the Product.

On the ICE Futures U.S. in exchange for delivery in December, the jump term cotton 1.7%, European 1 GBP traded USD1.0133 in the morning.

Previously, the maximum daily trading 1.78% USD1.0139 a book is spent.

 

Markets Closed on Monday after the week issued by the Department U. S. of Agriculture said that the product is still around 44% U.S. cotton crops in the same week last year, against only 14%, September 25, "bad" or "very poor" condition evaluated.

Cotton crop by 29% over the same period last year, compared to 55% "excellent" status last week, the "good" was.

Zero as a "perfect" when it is in Texas, the United States is the largest cotton growing, cotton plants, nearly 62%, "bad" or "very bad" were rated as the state continues to suffer from drought.

America's third largest cotton producer and exporter of fiber.

Pakistan, world's largest producer of cotton in the area, the cultivation of cotton in the country of about 73%, from the middle of August, about 2 million bales were destroyed by heavy rains in the monsoon.

The expected increase in demand for new U.S. sources, Pakistan has to import more cotton will be raised speculation.

Cotton prices fell on Sept. 23 after seven weeks of the purchase USD0.9905 book is also supported in some mild bargain.

Swiss company lending credit Suisse, "citing weak global decline in stock prices of cotton," limited "a report said on Monday that another Nina likely this threat to farmers, more setbacks, time and probability emerging markets may fail, even if Western economies, continues to grow. "

Elsewhere, the Chicago Board of Trade, wheat for December delivery USD6.5988 a bushel of corn per bushel for December delivery also rose to 1.83% of trade increased by 1.78% to trade at USD6. 5975, November USD12.7238 bushels of soybeans for delivery to the trade, 1:01% was achieved.

Corn Futures Climb To 3-Day High On U.S. Crop Concerns

Egypt after a government report showed the second day of term on Tuesday, rising more than three days, the conditions U.S. corn crop in the United States increased by adding to concerns about supply shortages, compounded last week .

Chicago Mercantile Exchange, corn for December delivery rose 1.83% term, per bushel USD6.5988 traded am European.

As before, USD6.6162 bushel in trade, 12.2%, the highest price since Sept. 22 rose to.

Markets Closed on Monday after the Department of Agriculture U. S. said in a statement posted on a product a week, about 15% of the U.S. corn crop by 26% in the same week, compared to last year, September 25 was harvested.

The report showed that about 52% of U.S. corn in the same week last year compared to 66%, "excellent" status last week, the "good" is classified as.

Produced by about 20% 21% recorded the previous week to develop a “very bad” condition "bad" happened. However, only 13% of corn in the same week last year, "very bad" and "bad" is classified.

15% "bad" situation "very bad" while in Iowa, the U.S. government as the main maize crop, the product of 12% "excellent" rating.

The USDA reported that corn exports of controlled U.S. ports have shown more support after the Egyptian-term price less than the demand last week, a week ago to nearly 10 million bushels, up to 34 , 3 million bushels.

America and exporter of cereal producer and largest in the country corn.

Corn prices per bushel in the previous session USD6.2975 fell to a low of 11 weeks after the purchase is also supported in some mild bargain

Due to the recent weakness in prices of Wall Street investment bank Morgan Stanley, saying on Monday reiterated his optimism on corn have "a very simple macro attached to a significant change in risk aversion."

November delivery rose 0.98% to trade soybeans USD12.7200 elsewhere in the Chicago Board of Trade, wheat for December delivery, rose 1.94% to trade at USD6.6075 bushels per bushel.

Gold Futures Edge Lower On Profit Taking, Greece Fears Support

Investors notched the biggest one-day gain after seven weeks of the previous session before the gold price sell gold for the duration of the post fell Wednesday.

New York Mercantile Exchange Comex division, losing 0.39% of gold for delivery in December term, USD1, 646.05 one troy ounce late Asian trade exchanges.

Previously USD1, 631.15 one troy ounce per day of at least 0.85% of world trade has dropped.

Gold prices in the euro zone policy makers hoping to take measures to support the economy of the area in the back of strong gains in global stocks increased by 3.6% on Tuesday on the need to raise funds to meet the reduction of losses in other markets.

However, some investors move to sell the positions of profit and profit has led to the lock.

Ongoing concerns about the loss of the debt problems of Greece pale European optimism about the recovery of the debt has been constrained by the sovereign.

Financial Times, the rescue plan for the second country in Greece euro area are divided on the conditions reported, the financing needs of the country's growing concern in recent months has increased dramatically.

At the end of the day, the European Fund for financial stability in Finland was the realization of the potential increase in the vote.

Gold is often in times of economic uncertainty and protection against the financial risk is considered an alternative currency.

Meanwhile, London-based GFMS Limited is the industrial group, due to the attractiveness of gold as a safe haven and the debt related to the concerns of European and global growth, uncertainty remains intact, "he said Tuesday in a report. "

Industry group maintained that the gold price will reach USD2000 per ounce at the end of the year.

USD3.356 per pound of copper for December delivery fell 2.43% to trade at other places in the Comex, silver for December delivery, fell 0.1% to trade at USD31. 50 ounces troy.

Natural Gas Futures Climb To 1-week High On Cool U.S. Weather

Natural gas, increasing fuel demand caused by the weather forecast for the second time in a week on Tuesday, the day while the U.S. provides more than the growing concerns about deterioration in the Gulf of Mexico provides additional support.

New York Mercantile Exchange for delivery of natural gas increased by 1.18% in November term, U. S. USD 3890 per million British thermal units traded in the morning.

USD3.925 per million British thermal units before September 20 the highest since 2.2% of the transaction is.

Industry Group of the Federal MDA, the eastern states, predicts colder than normal through the first week of October, I said before, re-heating before the end of the month.

Major cities north of 50 degrees Fahrenheit during the low temperature range (4 to 10 degrees Celsius) to 40 degrees are likely to float.

"In many regions are expected to remain below normal, but cold at this time because it moves slowly fade," said forecasters.

Meanwhile, parts of Time Group, warmer temperatures than normal are expected in the southern U.S. states said in an episode of the cooling demand season, from September 28.

According to the AccuWeather weather service provider, Houston and Dallas, September 28th at 100 degrees Fahrenheit (37 degrees Celsius), highs can reach the top.

GTC said the cold weather in the Midwest and Eastern U.S. October 5 to October 1 at least 3-5 degrees colder than average temperatures should be, which could boost demand for heating during the first week of early October.

Merchants late September and October, trying to measure the effects of heating and cooling demand change in status in recent weeks, the weather forecast for natural gas prices have closely followed.

Natural gas prices have more support from the National Hurricane Center U. S. and then moved along the Pacific coast of Mexico, three storms, upgraded to Hurricane Hillary.

2.4%, to trade at USD2.869 per heating oil for November NYMEX in another part of the bag, sweet crude for November delivery term, rose to 3.94% of trade gallons of USD83. 41 a barrel.

U.S. Markets Close Higher; Dow Jones Up 1.38%

U.S. stocks rose on Tuesday after closing.

Nasdaq 100 index has increased by nearly 0.86% of trade in the U.S., the Dow Jones Industrial Average rose 1.38%, S & P 500 rose 1.07%.

Earlier in the day, the data show U.S. consumer confidence in the CB in Figure 44.5, this upward revision from the previous month rose by a seasonally adjusted 45.2 45.4 months less than expected.

Analysts had expected rise in consumer confidence last month, 46.5 CB.

Meanwhile, on the Atlantic, European stock markets over kapalı.Fransız CAC 40 rose 5.74%, Germany's DAX rose 5.29%, the FTSE 100 and Euro Stoxx 50 rose by 5, increased 31% 4:02%.

Asia Stocks Mixed As Greece Concerns Linger; Nikkei Up 0.2%

Asian stocks constantly worries about the debt of European countries of Greece to recover the debt by the blast were mixed Wednesday as optimism.

Japan Nikkei 225 Index was 0.2% higher during the last operation in Asia, Hong Kong Hang Seng Index, Australia ASX/200 index rose 0.4%, decreased by 1, 2%.

World stock markets in the policy of the euro area are trying to increase the size of the European Financial Stability hopes boosted by the recovery of the region, met on Tuesday, which came into force.

However, the Financial Times report weighed on market sentiment for the euro-zone countries of Greece on the conditions of a rescue plan is different, he said.

The third largest lender Mizuho Financial Group in the country fell 0.8% share of the financial sector, Mitsubishi UFJ Financial Group, Japan's largest lender rose 0.9%, were mixed.

Exporters of uncertainty in the global outlook are mixed. Consumer electronics giant Sony was up 1.9% in the manufacturer of semiconductors Elpida Memory fell 3.5% seen from Toyota added 0.8%.

I saw the world's largest manufacturer of cigarettes third, from Japan Tobacco, the Japanese government to refinance the northern areas of Japan to sell its 50% interest in the news of the earthquake and tsunami affected 2.3% decline in March.

Traders took profits after the previous session, rallying strongly than elsewhere, Hong Kong, shares of the financial sector has led to losses.

Bank of China's largest lender Industrial and Commercial China on Tuesday declined by 9.9% after the addition of 4.1%. Bank of China in Hong Kong decreased by 4.6% in the Construction Bank to compete with China, has seen falling by 3.3%.

Shares of Sun Hung Kai Properties fell by 1.75% for developers, the land, but a decrease of 2.7% in action, has contributed to losses.

In the meantime, the European Parliament in Finland, the potential increase in EFSF term stock market down sharply before the vote.

A sign in the German DAX lost 1.3% while the Euro STOXX 50 run mark, the French CAC 40 fell 1.4% to maturity, the FTSE 100 fell 1.05% and 1 , 3% from the fall semester.

Later in the day, the U. S. Federal Reserve, Ben Bernanke, while speaking, was data on durable goods orders.