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Gold retreats as global equities hit all-time highs LONDON: Gold dipped on Friday and looked set for a third successive weekly loss as strength in global equities, which offset a falling dollar, and uncertainty over the timing of a US rate rise pegged prices in a narrow range. World stocks hit all-time highs on Friday as positive corporate updates in Europe and a post-dotcom-boom peak for the US Nasdaq stoked investor optimism. Spot gold was down 0.3 percent at $1,190.55 an ounce at 0940 GMT, while US gold futures for June delivery were down $4.30 an ounce at $1,190.00. Spot prices are down nearly 1 percent this week, their biggest weekly loss in seven weeks. "The news this week in general has been gold-friendly - weaker dollar, weaker US data and Middle East tensions," Saxo Bank analyst Ole Hansen said. "But it has failed to ignite, leaving the metal rangebound for now.""The stock market remains well behaved, and ...

Asia Q1 cocoa grinding drops 9.3pc y/y SINGAPORE: Cocoa grinding in Asia slid in the first quarter from a year ago, but rose marginally as compared with the October-December period, industry data showed on Friday. Grinding in Asia, the world's top cocoa processing region, fell 9.3 to 144,738 tonnes over January to March, but rose 2.4 percent from the preceding three-month period, data from the Cocoa Association of Asia (CAA) showed.The CAA groups grinders in Malaysia, Singapore and Indonesia. "The market consensus ...

Corn set for biggest weekly loss since Jan; US planting eyed SINGAPORE: Chicago corn slid for a fifth straight session on Friday and was set for its biggest weekly loss in nearly three months, hurt by expectations of rapid planting in the United States and fears of reduced demand following a bird flu outbreak.Soybeans are on track for a second week of gains as the market was underpinned by a trucker strike in Brazil that could delay shipments.Chicago Board Of Trade May soybeans are up 1 ...

Gold rises from three-week low on soft US dollar NEW YORK/LONDON: Gold rose from a three-week low on Thursday, following its biggest drop in over a month on Wednesday, as the dollar retreated on weaker-than-expected U.S. economic data.Spot gold was up 0.8 percent at $1,197.35 an ounce by 2:31 p.m. EDT (1831 GMT), after touching its lowest since April 1 at $1,183.65.Commodities were broadly higher as oil touched its highest price this year. The bellwether Thomson Reuters/Core Commodity CRB index rose over 1 percent.Gold ...

ICE raw sugar prices rise most in three weeks on weaker dollar NEW YORK/LONDON: Raw sugar futures rose in their sharpest single-session gains in three weeks on Thursday, boosted partly by a weaker U.S. dollar as the market extended its rebound following a sharp setback in prices during the last few days.Arabica coffee on ICE Futures U.S. fell the most in two weeks on technical selling, while cocoa inched up.May raw sugar gained 0.43 cent or 3.4 percent to settle at 13.09 cents a lb, its largest ...

EU wheat price climbs on strong exports, weather concerns LONDON: European wheat prices edged higher on Thursday, supported by healthy EU export volumes, a bounce in Chicago and caution about crops entering the crucial spring growth period.May milling wheat, the benchmark on Euronext's main No. 2 wheat contract, closed 1.50 euros or up 0.8 percent at 185.00 euros a tonne.The EU reported 679,000 tonnes of weekly export licences for soft wheat, keeping the bloc on course to beat last season's record."We have a very ...

Corn touches one-month low, soy slips on bird flu concern CHICAGO: US corn futures touched a one-month low on Wednesday and soybeans dropped on concern that a bird flu outbreak in the United States may cut feed demand, as forecasts for favorable U.S. planting weather in coming weeks also weighed on prices.Wheat was slightly lower as early short covering support faded in light trading.Chicago Board of Trade May corn fell 1/2 cent to $3.72-1/2 a bushel after earlier hitting a low of $3.69-1/4, the lowest ...


Index Closing Chg%
Arrow DJIA 18,080.14 0.12
Arrow Nasdaq 5,092.09 0.71
Arrow S&P 2,117.69 0.23
Arrow FTSE 7,070.70 0.24
Arrow DAX 11,810.85 0.74
Arrow CAC-40 5,201.45 0.44
Arrow Nikkei 20,020.04 0.83
Arrow H.Seng 28,060.98 0.84
Arrow Sensex 27,437.94 1.07

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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 16, 2015
Reserves $16.818 bln