Cotton Futures Fall to Lowest in Almost Three Weeks; Cocoa Drops

Cotton futures fell to the lowest in almost three weeks on speculation that a slowing economy in China, the world’s biggest user, will curb demand. Cocoa and orange juice also declined.

Sterling buoyed versus dollar on US easing speculation

LONDON: Sterling hit a near two-week high against the dollar on Tuesday, extending gains from the previous day when poor US retail sales data added to speculation the Federal Reserve may opt for another round of monetary stimulus to boost growth.

India’s 10-Year Bond Yield at Three-Month Low as RBI to Buy Debt

India’s benchmark 10-year bonds rose, pushing the yield to a three-month low, as debt purchases by the central bank and speculation borrowing costs will be cut buoyed demand.

MARKET CLOSE: NZ shares fall; Fletcher drops

Jan. 9 – New Zealand shares fell, with the biggest company on the bourse Fletcher Building sinking to a 2 1/2-year low on speculation further delays to the rebuild of Christchurch may force it to lower earnings guidance.

Euro Gains, German Notes Fall as ECB Meets; Stocks, Silver Drop

The euro strengthened against the dollar and German two-year note yields climbed to the highest since December 2008 on speculation the European Central Bank will signal more interest rate increases. Silver extended its steepest drop since 1983, and stocks in Europe declined. (4 mins ago)

Asian Stocks Rally From Weekly Drop; Euro Nears Two-week High

Asian stocks advanced, helping the region’s benchmark index rebound from its first weekly drop in six, the euro traded near a two-month high against the dollar and commodities gained as companies reported higher profits and on speculation data this week will show improved global growth. (1 hour ago)

Euro Rises Third Day on Prospects Asia Bond Buys to Stem Crisis

The euro rose for a third day against the dollar on speculation bond purchases by Asian nations will help stem a funding crisis in Europe. (31 secs ago)

Most Asian Stocks Fall on Ireland Rating, China Policy Concern

Most Asian stocks fell after Ireland’s credit rating was lowered and as China’s leadership meets to review the world’s fastest-growing major economy amid speculation policy makers will raise interest rates this weekend. (28 mins ago)

Cardinal Health Swaps Tumble After Rising on Buyout Speculation

Traders that had sent credit-default swaps on Cardinal Health Inc. soaring as they wagered on a leveraged buyout reversed course after the company said it’s not in talks with an acquirer. (9 mins ago)

Treasuries Advance

Treasuries rose, pushing two-year yields to a record low, as government data showing U.S. factory orders declined more than forecast fueled speculation the Federal Reserve will increase asset purchases. (4 mins ago)