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Gold firm after 4-day rally on US rate expectations SINGAPORE: Gold held firm near a two-week high on Tuesday, retaining gains from a four-day rally, as expectations grew that a hike in US interest rates could be pushed to September.Spot gold was little changed at $1,187.46 an ounce by 0706 GMT. The metal had climbed to $1,191.50 on Monday, its highest since March 6, as it rose for a fourth straight day.Investors favoured bullion over the last few days as the dollar slumped after the Federal Reserve sounded cautious last week on the US economy and the pace of its rate-hike path. Gold, a non-interest paying asset, had been trending downwards on expectations of a near-term rate increase before the rally.Consensus expectations for a bump in US interest rates has shifted, with most of Wall Street's top banks now looking for the central bank to hold off until at least September rather than making a move in June, a ...


London copper comes off 2-1/2 month high after China flash PMI MELBOURNE: London copper hit the highest in more than two months on Tuesday, as a weaker dollar fuelled chart-based buying, before giving back most of its gains after a weak reading on factory health in top consumer China.Activity in China's factory sector dipped to an 11-month low in March as new orders shrank, a private survey showed, signalling persistent weakness that will likely add to calls for more policy easing."People are still questioning the strength ...

Gold dips after 4-day rally but holds near 2-week high SINGAPORE: Gold gave back some gains from a four-day rally on Tuesday but the metal was still near a two-week high touched earlier as expectations grew that a hike in US interest rates could be pushed to September.Spot gold dipped slightly to $1,186.26 an ounce by 0300 GMT. The metal had climbed to $1,191.50 on Monday, its highest since March 6, as it rose for a fourth straight day.Investors favoured bullion over the last few ...

Gold at 2-week high on weaker dollar, rate expectations LONDON: Gold firmed for the fourth straight session on Monday to its highest in more than two weeks, as the dollar extended losses and expectations rose that the Federal Reserve will hold off until at least September to raise interest rates.Gold had dipped to a four-month low before the Fed met last week as concerns mounted over higher U.S. interest rates which could dent demand for non-interest bearing bullion.Spot gold hit its highest since March ...

Raw sugar futures edge higher as dollar weakens LONDON: Raw sugar futures edged up from last week's six-year low on Monday, boosted partly by a weaker dollar while ample supplies kept a lid on the market.Arabica coffee futures declined, with the recent run-up stalling as the market waited for more clarity on the outlook for Brazil's 2015/16 crop. Cocoa futures also fell.May raw sugar was up 0.02 cent, or 0.2 percent, at 12.70 cents a lb at 1549 GMT. The front month slumped ...

Soy, corn and wheat rise on weak dollar, short-covering CHICAGO: US soybean, corn and wheat futures climbed 1 percent or more on Monday, extending gains from late last week as the dollar weakened and investors covered short positions.Dry weather in Russia and southern US Plains growing areas also underpinned wheat prices while corn futures climbed above several key moving averages, lending technical support. But prices pared gains as the dollar trimmed losses against a basket of currencies."With the dollar lower again, the main feature ...

Lead rises as available inventories dry up; copper firm LONDON: Lead prices climbed on Monday on concern about potential shortages after a dramatic drop in available inventories while a weaker dollar helped to support other metals, with copper rising to its highest in more than two months.London Metal Exchange (LME) data showed the proportion of available inventories tumbled to slightly more than 50 percent from about 95 percent."With such a large decrease, there's going to be a definite shortage of nearby material," one London ...


 



 
Index Closing Chg%
Arrow DJIA 17,678.23 0.23
Arrow Nasdaq 4,863.36 0.27
Arrow S&P 2,056.15 0.24
Arrow FTSE 6,895.33 1.37
Arrow DAX 11,843.66 0.18
Arrow CAC-40 5,006.35 0.29
Arrow Nikkei 19,471.12 1.39
Arrow H.Seng 24,497.08 0.13
Arrow Sensex 27,457.58 2.33





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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJanuary
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln