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French wheat crop quality threatened after a bounty of rain

  Bloomberg French wheat fields have been hit by a deluge of rain in the past month, threatening to reduce the quality of grain before farmers start harvesting crops in July. Some areas of France, the European Union’s largest wheat grower, saw as much as 10 inches (25 centimeters) of rain in May, more than three times the normal amount ...

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Major mkts gain slightly, Saudi banks rebound

  Dubai / Reuters A rebound in the banking sector buoyed Saudi Arabia’s bourse on Wednesday and other Gulf bourses also rose, with Dubai’s Shuaa Capital surging on hopes that potential buyers of a stake in it had placed high bids. Saudi banking shares, which were among the market’s worst performers in May, attracted buying on dips as Saudi British ...

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Gold holds gain after dismal May as investors weigh rate outlook

Bloomberg Gold held the first advance in 10 days as investors looked to the release of U.S. data this week including monthly payrolls that’ll shape the thinking of Federal Reserve policy makers on whether to raise interest rates in the months ahead. Bullion for immediate delivery traded at $1,216.18 an ounce by 10:10 a.m. in London from $1,215.32 on Tuesday, ...

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