All
 

 

Just in:  

You are here: Home»Markets»Commodities

Markets - Commodities

Archive

Asian stocks mixed at end of a downbeat week HONG KONG: Asian markets were mixed Friday with a record close on Wall Street unable to lift investors at the end of a disappointing week that saw Japan plunge into recession and a trumpeted Hong Kong Shanghai exchange link-up fall flat.The yen made some minor gains against the dollar and euro after hitting multi-year lows, but with eyes on next month's general election analysts expect it to resume its downtrend.Tokyo fell 0.85 percent and Sydney lost 0.16 percent while Hong Kong shed 0.17 percent. But Shanghai edged up 0.12 percent and Seoul put on 0.20 percent.US shares ticked higher again Thursday on the back of more positive economic indicators.A regional manufacturing index from the Federal Reserve Bank of Philadelphia surged unexpectedly, while the Conference Board's Leading Economic Index, an amalgamation of several key economic indicators, also improved. Also, US existing-home sales gained in October for the second straight month.The figures ...


Palm down more as Malaysian exports weaken JAKARTA: Malaysian palm oil weakened further on Thursday after export data from the world's second-largest producer and declines in competing bean oil markets weighed on prices, but a weaker ringgit provided some support."The weak ringgit, that would encourage exports, but the first 20 days export figure came out and it's not what was expected, it was down," said a trader with a foreign commodities brockerage in Kuala Lumpar.Exports of Malaysian palm oil products for Nov. ...

Arabica coffee slides on USDA forecast, sugar rises LONDON: Arabica coffee on ICE fell more than 4 percent on Thursday, due to an upward revision by the USDA of Brazilian 2014/15 output, while raw sugar rose, boosted by a rise in the Brazilian real.Cocoa futures on ICE steadied, weighed by ample supplies from West African harvests.In coffee, the USDA revised up 2014/15 Brazilian output to 51.2 million 60-kg bags, a rise of 1.7 million bags compared to the previous estimate due to better ...

Gold climbs back towards $1,200/oz as price drop tempts buyers LONDON: Gold rose on Thursday as the previous day's 1 percent drop lured price-sensitive buyers, and as the dollar retreated from a seven-year high against the Japanese yen.The metal fell on Wednesday after a poll showed weaker support among Swiss voters for a referendum proposal that would force the central bank to boost its gold reserves.Appetite for physical gold sparked a reversal in that move, dealers said, with demand from buyers in Asia lifting gold ...

Asian rubber producers agree to manage exports to fight oversupply KUALA LUMPUR/SINGAPORE: Top Asian rubber producers have agreed to "manage" exports to international markets to curb excess supply, although analysts said the step would have little impact on battered prices without a robust pickup in demand.Benchmark rubber prices have fallen a quarter this year, standing just above five-year lows plumbed last month amid a supply glut deepened by a slowing economy in top consumer China.Thailand, Indonesia and Malaysia, which produce nearly 70 percent of the ...

Copper slips on weak China data, nickel hits 5-week high LONDON: Copper slipped on Thursday as weak manufacturing in China and slower business growth in the euro zone raised concerns about demand, while nickel hit a five-week high due to expectations of an ore shortage.In top metals consumer China, growth in its vast factory sector stalled in November, with output contracting for the first time in six months, adding to signs that the economy may be losing traction.Euro zone business growth has been weaker than ...

Gold climbs back towards $1,200/oz as price drop tempts buyers LONDON: Gold rose on Thursday as the previous day's 1 percent drop lured price-sensitive buyers, though gains were limited by dollar strength after Federal Reserve minutes suggested the United States is still likely to raise interest rates next year.The metal fell sharply on Wednesday after a poll showed weaker support among Swiss voters for a referendum proposal that would force the central bank to boost its gold reserves.Appetite for physical gold sparked a reversal in ...


 



 
Index Closing Chg%
Arrow DJIA 17,828.24 0.01
Arrow Nasdaq 4,791.63 0.09
Arrow S&P 2,067.56 0.25
Arrow FTSE 6,722.62 0.01
Arrow DAX 9,980.85 0.06
Arrow CAC-40 4,390.18 0.18
Arrow Nikkei 17,459.85 1.23
Arrow H.Seng 23,987.45 0.07
Arrow Sensex 28,693.99 0.90






Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln