21/05/13 -- EU grains closed mixed, after having traded down to fresh lows for the recent move in early trade. Sterling weakness helped London wheat a little following news that domestic CPI inflation had fallen from 2.8% in March to 2.4% in April. That was taken as potentially widening the scope for further QE from the Bank of England. The minutes of the May MPC meeting are due out tomorrow.
Tuesday, 21 May 2013
Front Month London Wheat Slumps To New 11-Month Low
Posted on 11:54 by Unknown
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