Gold steadies after four-day gain as traders eye treasury moves
Gold slipped 0.4% to $4 632.75 an ounce at noon in Singapore.
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Corn rises as US crop condition ratings decline more than expected
CANBERRA: Chicago corn futures rose on Tuesday and stayed near three-year highs hit in the previous session after US crop condition ratings fell more than most analysts had expected.
Corn Surges, Soy Slips as Yield Fears Hit Grains
Corn led grains higher Monday as the Pro Farmer tour slashed US yield estimates, while soybeans fell on profit-taking and wheat firmed on Black Sea strikes.
- Corn prices surge after Pro Farmer reduces US yield estimate to 173.2 bu/acre
- Soybeans slip 1.14% despite Chinese buying and additional deliveries
- Wheat gains modestly as Russian exports projected below five-year average
Australian dollar holds firm as RBA keeps jawboning on hikes
SYDNEY: The Australian dollar held just short of 11-week highs on Tuesday as details from the central bank’s last policy meeting suggested policymakers were closer to raising rates than investors previously thought.
USD/JPY Price Forecast: US Dollar keeps crawling towards the key 160.00 area
The Japanese Yen (JPY) remains on the defensive against the US Dollar (USD) on Tuesday, in a low-volatility market, as investors await key data releases and the Jackson Hole symposium, due in the second half of the week, to make decisions.
