April 11 (Bloomberg) -- Metals and grains advanced, with silver rising for a ninth day and corn rallying to the highest since June 2008, while Treasuries fell as the growing global economy fueled raw-material demand. Shares of automakers declined while mining and energy stocks gained. Silver traded 2.3 percent higher as of 1:50 p.m. in Tokyo. Corn added 1.2 percent. Oil was little changed after a 4.5 percent jump in New York last week. Ten-year Treasury yields climbed two basis points. Standard & Poor's 500 Index futures rose 0.3 percent. An index of consumer companies including carmakers on the MSCI Asia Pacific Index slid 0.8 percent. The dollar strengthened to $1.4464 per euro from $1.4448 last week. Data this week may show inflation is accelerating in the U.S. and China, which reported yesterday faster-than-expected growth in exports and imports. Corporate profits probably rose to a record last quarter, analyst estimates show, with Alcoa Inc. set to be the first Dow Jones Industrial Average member to release earnings today. In Japan, companies are still struggling to restore production while the government considers plans to fund rebuilding one month after the nation's record earthquake. "The market seems to be ignoring a lot of risks," said Lee King Fuei, a Singapore-based fund manager at Schroders Plc, which manages about $308 billion. "Over the longer term, higher oil prices are not good for the economy. The fact that the market is ignoring that along with Europe's sovereign debt crisis and growing geopolitical tensions in the Middle East and North Africa suggests that investors are too complacent." Silver, Copper Immediate-delivery silver traded at $41.8887 an ounce after earlier reaching $41.9025, the highest level since 1980. Gold was little changed after rising to a record $1,478.18 an ounce. Copper for three-month delivery gained 0.3 percent to $9,900 a metric ton on the London Metal Exchange, while nickel increased 0.6 percent to $27,760 a ton. Corn for May delivery jumped 1.3 percent to $7.84 a bushel, while wheat futures added 0.5 percent to $8.3675 a bushel. S&P's GSCI Index of 24 commodities was little changed after surging 2.1 percent on April 8, a seventh day of gains. Oil for May delivery declined 0.1 percent to $112.69 a barrel after earlier rallying 0.6 percent to $113.46 in New York. Futures increased 2.3 percent on April 8 as fighting in Libya diminished chances output may return to full capacity. China's overseas shipments jumped 35.8 percent and imports climbed 27.3 percent, unexpectedly pulling the trade balance into surplus after a $7.3 billion shortfall in February, the customs bureau said yesterday. Government reports this week may show the economy expanded 9.4 percent in the first quarter, while the consumer price index increased 5.2 percent last month, exceeding the government's 2011 target of 4 percent for the third month, according to economists surveyed by Bloomberg News. Yuan, Rupiah China's yuan traded at 6.5363 per dollar, near a 17-year high. The Taiwan dollar strengthened 0.2 percent to NT$28.945 versus the U.S. currency. Indonesia's rupiah strengthened 0.1 percent to 8,643 per dollar and touched 8,637 earlier, the strongest level since April 28, 2004. Data this week may show U.S. retail sales climbed in March, while the Labor Department may say on April 15 that the cost of living index rose 0.5 percent last month from February and was up 2.6 percent from a year earlier, according to the median forecast by economists in a Bloomberg survey. The dollar rose against the euro after U.S. lawmakers pulled the government back from the brink of a shutdown by agreeing to cut about $38 billion from federal spending this year. The April 8 agreement between Congress leaders and President Barack Obama was announced less than two hours before the government's funding authority was due to expire, which would have started a partial shutdown of services and offices.

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