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Brazil's wheat imports to fall to around 5mn t in 2015 SAO PAULO: Brazil's wheat imports are expected to fall to around 5 million tonnes this year, compared to 5.78 million tonnes in 2014, reflecting smaller local consumption of the grain and larger Brazilian production, wheat industry group Abitrigo said on Thursday. Copyright Reuters, 2015

Copper dips to 4-week low as China worries weigh LONDON: Copper prices fell to a four-week low on Thursday on persistent concern about demand growth in top consumer China against a backdrop of ample supply ahead of holidays in Asia. Gloomy sentiment overwhelmed an uptick earlier in the session supported by firmer Chinese stocks, a weaker dollar, upbeat data from Europe's largest economy, Germany, and further unwinding of bearish positions. "After the Fed inaction (on rates), the market is a bit confused about the ...

Copper edges higher; China worries weigh on market LONDON: Copper clawed higher on Thursday, supported by an uptick in Chinese stocks, upbeat data from Europe's largest economy Germany and further unwinding of bearish positions.The gains were fragile, however, due to persistent concern about demand growth from top consumer China against a backdrop of ample supply ahead of holidays in Asia."We had some weakness, sharp declines earlier this week and the market is stabilising a bit after that," said Xiao Fu, head of commodity ...

TOCOM plunges on worries about China demand, weak Nikkei TOKYO: Benchmark Tokyo rubber futures plunged more than 3 percent to a 2-week low on Thursday as investors unwound long positions on worries about slowing demand in the world's top buyer China after weak factory data and on slumping stock prices in Tokyo.The Tokyo Commodity Exchange (TOCOM) rubber contract for February delivery finished 5.7 yen, or 3.3 percent, lower at 165.6 yen ($1.38) per kg, the lowest since Sept. 7.Japanese markets were closed between Monday ...

CBOT corn edges higher on short-covering, wheat surge CHICAGO: Chicago Board of Trade corn futures were narrowly higher on Wednesday, supported by light investor short covering and rising in sympathy with wheat prices, traders said.The advancing US corn harvest, coupled with plentiful global grain supplies, capped gains in prices. CBOT December corn failed to knock out Tuesday's session high of $3.84-1/2 per bushel and the contract remained below the roughly one-month peak of $3.95 reached last week.Wheat futures gained on the competing grain ...

India soybeans extend gains on output concerns MUMBAI: Indian soybean futures rose for a fourth straight session on Wednesday on concerns over crop damage due to erratic weather in key growing states and on thin supplies. Soyoil rose tracking gains in Malaysian palm oil, while rapeseed ended flat. The key October soybean contract on the National Commodity and Derivatives Exchange ended 0.28 percent higher at 3,244 rupees ($49.18) per 100 kg, while the October rapeseed contract finished unchanged at 4,226 rupees per ...

Robusta coffee falls to lowest in nearly 2 years, arabica also down LONDON: Robusta coffee futures fell to their lowest in nearly two years on Wednesday as favourable prospects for the crop in top producer Vietnam and a bearish technical outlook put the market on the defensive. "The weather is pretty good and it looks like it is going to be a decent crop, and on time unless something changes dramatically," one London dealer said.November robusta coffee dipped to $1,497 a tonne, the weakest level for the ...


Index Closing Chg%
Arrow DJIA 16,472.37 1.23
Arrow Nasdaq 4,707.77 1.74
Arrow S&P 1,951.36 1.43
Arrow FTSE 6,129.98 0.95
Arrow DAX 9,553.07 0.46
Arrow CAC-40 4,458.88 0.73
Arrow Nikkei 17,725.13 0.02
Arrow H.Seng 21,506.09 3.17
Arrow Sensex 26,220.95 0.25

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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.998 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklySeptember 21, 2015
Reserves $18.726 bln