{"id":15016,"date":"2012-09-28T05:04:26","date_gmt":"2012-09-28T03:04:26","guid":{"rendered":"http:\/\/www.myza.co.za\/09\/commodities-oil-leaps-on-iran-fears-grains-dip-before-usda-data\/"},"modified":"2012-09-28T05:04:26","modified_gmt":"2012-09-28T03:04:26","slug":"commodities-oil-leaps-on-iran-fears-grains-dip-before-usda-data","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/commodities-oil-leaps-on-iran-fears-grains-dip-before-usda-data\/","title":{"rendered":"COMMODITIES-Oil leaps on Iran fears, grains dip before USDA data"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Oil jumps 2 percent after Iran, Israel exchange verbal<br \/>\nvolleys<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Weak dollar helps metals, coffee<\/p>\n<p><span><\/span><\/p>\n<p>* Corn, wheat fall sharply ahead of USDA stocks report<\/p>\n<p><span><\/span><\/p>\n<p>By Barani Krishnan<\/p>\n<p><span><\/span><\/p>\n<p>NEW YORK, Sept 27 (Reuters) &#8211; Oil prices surged on Thursday<br \/>\nas tensions between Iran and the West stoked concerns over crude<br \/>\nsupply, while a weaker dollar helped metals and soft commodities<br \/>\nrebound from the sharp selloff of the previous session.<\/p>\n<p><span><\/span><\/p>\n<p>Grains markets bucked the trend after technical selling and<br \/>\nfund liquidation ahead of a government stocks report pressured<br \/>\nprices. Corn fell for a fourth straight day, hitting a<br \/>\nthree-month low, and wheat sank to a 2-1\/2-month bottom.<\/p>\n<p><span><\/span><\/p>\n<p>Gold rose more than 1 percent, on track for its biggest<br \/>\ndaily gain in two weeks.<\/p>\n<p><span><\/span><\/p>\n<p>Iran and Israel fired verbal volleys that sent fear into<br \/>\nenergy markets, helping oil prices chart their highest one-day<br \/>\ngain in nearly two months.<\/p>\n<p><span><\/span><\/p>\n<p>Risk appetite grew in other commodity markets as the euro<br \/>\nrebounded from a two-week low against the dollar after Spain<br \/>\nunveiled its 2013 budget.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Oil jumps 2 percent after Iran, Israel exchange verbal volleys * Weak dollar helps metals, coffee * Corn, wheat fall sharply ahead of USDA stocks report By Barani Krishnan NEW YORK, Sept 27 (Reuters) &#8211; Oil prices surged on Thursday as tensions between Iran and the West stoked concerns over crude supply, while a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-15016","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/15016","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=15016"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/15016\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=15016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=15016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=15016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}