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Gold holds steady, supported by rally in stocks LONDON: Gold prices held steady near $1,686 an ounce on Friday, supported by a rally in world stocks to their highest in 20 months and strength in other commodities following positive economic data from China.   Gold pushed to a high of $1,694.90 in earlier trade, close to the previous session's one-month peak, but retreated along with stocks after US data showed consumer sentiment at its lowest level in over a year in January.   Platinum and palladium declined as players exited positions following recent gains.   Spot gold was at $1,686.40 an ounce at 1602 GMT up from $1,687.26 and heading for a weekly rise of 1.4 percent, its biggest in nearly two months. It hit a one-month high of $1,695.56 on Thursday.   The metal was also lifted by renewed physical demand in China ahead of the New Year in February and after better-than-forecast Chinese GDP data.   China's economy grew at a slightly faster-than-expected 7.9 percent in ...


Liffe cocoa sets 4-week high before advance stalls LONDON: Cocoa futures on Liffe fell back to little changed levels on Friday as origin selling emerged after the market had earlier climbed to a four-week high, while ICE raw sugar edged up on signs of renewed physical demand and arabica coffee eased.   May cocoa futures on Liffe were unchanged at 1,481 pounds a tonne at 1241 GMT after rising earlier to a four-week peak for the second month of 1,490 pounds.   Dealers said fourth-quarter North America ...

Tunisia buys 50000T soft wheat HAMBURG: Tunisia's state grains agency has purchased 50,000 tonnes of soft milling wheat and 75,000 tonnes of durum wheat in tenders which closed on Friday, European traders said.   All the purchase was optional origin.   Some 25,000 tonnes of soft wheat was purchased at $356.42 a tonne c&f and 25,000 tonnes at $359.69 a tonne c&f, traders said.   Copyright Reuters, 2013

Indian coffee up on demand from roasters MUMBAI: New season arabica plantation coffee prices in India rose at this week's auction on good demand from roasters and local traders, auctioneer J. Thomas & Co. said in a statement.   Arabica plantation price rose by 200 to 500 rupees per 50 kg as compared with the previous auction, the statement said.   There was no new season arabica cherry, robusta parchment and robusta cherry coffees on offer, it added.   Out of the total 134,137 kgs offered for sale, ...

Copper gains after upbeat China growth data LONDON: Copper rose on Friday and was on track to close the week with small gains, bolstered by news that top consumer China's economy grew in the fourth quarter, but concerns about US debt and supply surpluses kept gains in check.   China's economy grew at a slightly faster-than-expected 7.9 percent in the fourth quarter of 2012, the latest sign it is pulling out of a post-global financial crisis slowdown that produced its weakest year of economic ...

Palladium hits 16-month high on economic recovery hope SINGAPORE: Palladium rose to a 16-month high on Friday and platinum hovered near a three-month high hit in the previous session, buoyed by upbeat data from the world's top two economies, as gold traded slightly higher to near a one-month high.   China snapped seven quarters of slowing expansion, official data showed, while US labour and housing market numbers on Thursday were also robust.   The quickening pace of growth in the world's No.2 economy is likely to underpin ...

Iron ore steadies after slide, on track to end 6-wk rally SINGAPORE: Spot iron ore stabilised on Friday after a rout that slashed prices by more than 6 percent this week as Chinese buying slowed.   Further gains in iron ore, which touched 15-month peaks last week, will hinge on Chinese steel prices. Shanghai steel rebar futures rose more than 1 percent on Friday after data showed the world's No. 2 economy snapped a seven-quarter slowdown in the fourth quarter.   Benchmark iron ore with 62 percent iron content ...


 



 
Index Closing Chg%
Arrow DJIA 16,399.67 0.12
Arrow Nasdaq 4,316.07 1.35
Arrow S&P 1,904.01 0.91
Arrow FTSE 6,267.07 0.68
Arrow DAX 8,717.76 1.50
Arrow CAC-40 3,991.24 1.04
Arrow Nikkei 15,111.23 3.98
Arrow H.Seng 23,070.26 0.20
Arrow Sensex 26,429.85 1.23





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln