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Tuesday, 21 May 05:25 (GMT -05:00)


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Stock and commodities markets

South Africa May Become Major Corn Exporter


 

 

Last week, South Africa actively exporter a lot of corn. The USA, the world’s biggest corn exporter, is now unable to export substantial amounts of corn due to poor harvest caused by severed prolonged droughts. Therefore, corn importers are now actively looking for alternatives. And they seem to have found one.

 

 

 

 

 

 
South Africa has exported 92 856 ton of corn this year. This is the biggest export volume since December 2011. Mexico, that is a major importer of corn, has bought 87 300 tons.
 
Therefore, South Africa has boosted its corn export by 18% this year. Last week, neighboring countries imported 2960 tons.
 
The chart below, courtesy of Masterforex-V Academy, reflects the current state of affairs in the market of corn futures.
 
The price is rallying. The corn futures contract of December delivery appreciated by 1.6% ton in Johannesburg.

 

 

 

corn

 

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European Stock Indices Break Records

European stock indices have started this trading week positively and are currently trading in the green zone. Some indices keep making new 5-year highs.

 

 
Publication date: 20 May 08:55 AM

Asian-Pacific Stock Indices Close Bullish

 

 

Asian-Pacific stock indices closed today’s trading session in the green zone.
 
Publication date: 20 May 08:44 AM

Silver Prices Drop To 2010 Lows

 

 

Today’s trading session has been bearish for precious metals. Silver prices are down to the lowest level since September 2010. However, the ratio between god and silver prices has reached the highest level in 33 months. Gold has been depreciating for 8 consecutive trading sessions in a row for the first time in 4 years.
Publication date: 20 May 08:04 AM

GKFX: Updated “Market Depth” for MT4 – for Those who Want to Win

 

Go and conquer new dimensions of thinking.
B. Werber

These days anyone may work at forex market. However, stable earning on a regular basis is only for those traders that are ready to “conquer new dimensions of thinking”, have adequate reaction to any changes at rapidly progressing markets, and remain cold-minded when taking informed decisions on the basis of thorough analysis.
Publication date: 18 May 04:11 AM

Wal-Mart Sees 1.1% Income Boost

 

 

Wal-Mart Stores Inc., the world’s biggest chain of retail stores, has recently reported on its financial performance in Q1 2013. The report seems to have match analyst expectations.
Publication date: 17 May 01:22 PM

Facebook: Consequences of Last Year’s IPO

 

 

It’s been almost 12 months since Facebook’s IPO. Most investors are still pondering whether they made a mistake by investing in Facebook’s stock. Some experts say that this was one of the most significant IPOs in the 21st century. However, many investors eventually suffered major losses since the IPO wasn’t successful.
Publication date: 17 May 01:10 PM

Asian-Pacific Stock Indices Close Bullish, With New Records

 

 

Asian-Pacific stock indices have closed this trading week in the green zone. Topix, a Japanese index, gained 0.6% during the trading session, which is the biggest daily increase since 2008.
 
Publication date: 17 May 11:39 AM

Dell’s Weak Report Disappoints Investors

 

 

Dell, a US manufacturer of computer electronics, keeps trying to stay afloat in the highly-competitive computer industry. However, there has been no positive outcome so far.
Publication date: 17 May 11:22 AM

Toyota Outpaces Samsung In Terms Of Capitalization

 

 

Toyota, a Japanese motor giant, outpaced Samsung, a South Korean manufacturer of electronics, in terms of market capitalization, thereby becoming the most expensive private company in Asia.
 
Publication date: 17 May 11:01 AM

Google and Microsoft Quarrel Over YouTube

 

 

Google and Microsoft are having disputes once again. This time it is all about the mobile version of YouTube. According to several internet sources, both the companies created mobile apps so that users could watch YouTube videos on Android-powered and Windows-powered smartphones.
Publication date: 17 May 09:33 AM