All
 

 

Just in:  

You are here: Home»Markets»Commodities

Markets - Commodities

Archive

Copper slips on Greek jitters, looming summer demand slowdown LONDON: Copper slipped on Wednesday as investor sentiment reflected a looming slowdown in demand and market jitters over talks aimed at averting a Greek debt default. Markets reacted nervously to a statement from Athens saying that creditors had rejected certain proposals from Greece, but an EU official later said there had been no breakdown in talks. Elsewhere, London Metal Exchange data showed copper stocks fell to 311,475 tonnes, veering towards recent three-month lows around 308,000 tonnes. The move was not enough to help copper prices, however. "Clearly, inventory trends would support sentiment towards copper, but I still think it will drift lower. There's less corporate activity over the summer, which gives funds more scope to influence prices, and we know a lot of macro Chinese funds have bearish sentiment towards copper," Citi analyst David Wilson said. Three-month LME copper slipped 0.1 percent to $5,775 a tonne by 1104 GMT after ...


Gold retreats as Greek hopes lift stocks, euro slides LONDON: Gold eased on Tuesday, extending the previous day's losses as the euro slid against the dollar and European stocks rallied on hopes that Greece would reach a deal with its creditors to stave off default. Spot gold was down 0.3 percent at $1,181.35 an ounce by 1132 GMT, while US gold futures for August delivery were down $2.70 at $1,181.40. The metal posted its biggest one-day loss in nearly a month on Monday as ...

China May sugar imports triple to 520,000 tonnes BEIJING: China, one of the world's top sugar buyers, imported 520,000 tonnes of sugar in May, triple the amount a year earlier, as refiners sought to benefit from cheap global prices.The jump in volumes, which was widely expected after similar imports in April, has been spurred by tumbling global prices that hit their lowest levels in 6-1/2 years earlier this month.China's domestic sugar prices have also recently eased on demand concerns, but remain supported by ...

Copper slides to three-month low on demand worries LONDON: Copper prices slid to three-month lows on Monday as the dollar firmed and the market fretted about demand ahead of key manufacturing data from top consumer China.Benchmark copper hit a session low at $5,642.50 a tonne. The metal used in power and construction ended at $5,654 ended from $5,659 at the close on Friday.Also creating nervousness was Greece, which has presented the euro zone with proposals for a cash-for-reform deal."The market is waiting to ...

Soybeans to six-week high on US weather jitters CHICAGO: US soybean futures rose to a six-week high on Monday, buoyed by concerns about tightening old-crop supplies and excessive rains trimming new-crop yield prospects, traders said.Wheat and corn were also higher.At the Chicago Board of Trade as of 11:25 a.m. CDT (1625 GMT), the July soybean contract was up 15-1/2 cents at $9.87 per bushel after reaching $9.89-3/4, its highest level since May 6.Traders have begun positioning ahead of two hotly anticipated reports due ...

Gold slips on equities strength, Greek deal hopes NEW YORK/LONDON: Gold fell more than 1 percent on Monday as global equities jumped on possible signs of progress in Greek debt talks, which curbed safe-haven demand for the metal.Spot gold fell as much as 1.5 percent to a session low of $1,181.90 an ounce and was down 1.3 percent at $1,184.01 an ounce by 2:16 p.m. EDT (1816 GMT).U.S. gold futures for August delivery settled down $17.80, or 1.5 percent, at $1,184.10 per ounce.Gold ...

ICE sugar surges on short-covering, cocoa nears 2011 high NEW YORK/LONDON: Raw sugar futures surged more than 3 percent on heavy short-covering on Monday, in their biggest rise in two months after data showed speculators sharply increased their bearish position, while London cocoa neared last week's 2011 high.Coffee futures rose while the spot robusta spread narrowed for the second straight session after last week's surprise jump to a premium well above $100 per tonne.ICE raw sugar futures rallied on short-covering after Friday's Commitments of ...


 



 
Index Closing Chg%
Arrow DJIA 17,730.11 0.16
Arrow Nasdaq 5,009.22 0.08
Arrow S&P 2,076.78 0.03
Arrow FTSE 6,630.47 0.33
Arrow DAX 11,099.35 0.73
Arrow CAC-40 4,835.56 0.98
Arrow Nikkei 20,522.50 0.95
Arrow H.Seng 26,282.32 0.12
Arrow Sensex 27,945.80 0.27





New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk



Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMay
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln