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NY sugar dips; arabicas ease, eyes on Brazil rains LONDON: New York raw sugar futures dipped on Monday, pressured by expectations for a late finish to the centre-south Brazil crop, while arabica coffee eased, with a focus on rains in Brazil.ICE cocoa futures steadied, with upside capped by plentiful new crop supplies from top grower Ivory Coast and a stronger dollar against a basket of currencies.In sugar, traders focused on a small delivery, as expected, against last Friday's expiry of the London December white sugar futures contract.Brazilian and Guatemalan sugar totalling 73,400 tonnes (1,468 lots) was delivered to receiver UBS Ltd against the expiry, ICE Futures Europe data showed.March raw sugar eased, trading down 0.18 cent, or 1.1 percent, at 15.72 cents a lb at 1514 GMT, while March whites fell $3.00, or 0.7 percent, to $415.70 a tonne.Dealers said the end of the cane processing season in centre-south Brazil could be extended as producers take advantage of a ...


Wheat near 3-month top on freeze threat to US crops PARIS/SINGAPORE: US wheat consolidated close to a three-month high on Monday as the market awaited indications as to whether a cold snap in the United States has damaged young wheat plants.Soybeans edged lower, adding to sharp losses on Friday as supply worries eased following signs that farmers are releasing more of what is expected to be a record-large U.S. crop. Corn was also down slightly.Chicago Board of Trade spot wheat climbed 8.9 percent last week, ...

NY sugar dips; arabicas steady, eyes on Brazil rains LONDON: New York raw sugar futures dipped on Monday, pressured by expectations for a late finish to the centre-south Brazil crop, while arabica coffee was little changed, with a focus on rains in Brazil.ICE cocoa futures steadied, with upside capped by plentiful new crop supplies from top grower Ivory Coast and a stronger dollar against a basket of currencies.In sugar, traders also focused on last Friday's expiry of the London December white sugar futures contract ...

Copper, other metals dip after data shows Japan in recession LONDON: Copper and other base metals dipped on news that Japan had slipped into recession, but nickel and aluminium shrugged off the news, supported by forecasts of developing shortages.Many metals on the London Metal Exchange slipped after news that GDP fell for two successive quarters in Japan, one of Asia's biggest commodity importers.But losses were limited and two of the six major LME metals rebounded into positive territory. Five of them are expected to have ...

London copper slips from near two-week high as Japan taints mood SYDNEY: London copper slipped from its highest level in a fortnight on Monday as news that Japan had surprisingly fallen into recession tainted previously buoyant sentiment following a slew of improving economic signals from the United States.Japan's economy unexpectedly slipped into recession in the third quarter, setting the stage for Prime Minister Shinzo Abe to delay an unpopular sales tax hike and call a snap election just two years after he took office.Slowing global growth ...

TOCOM ends down after hitting 3-1/2 month high TOKYO: Benchmark Tokyo rubber futures ended down 0.7 percent on Monday, erasing earlier gains, as the dollar pulled back from a seven-year high, dealers said.The dollar swung wildly against the yen on Monday, initially spiking to a seven-year high after data showed Japan's economy unexpectedly slipped into recession before pulling down as the grim economic news sent Tokyo stocks tumbling.Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyre rubber prices in Southeast Asia, ...

Tokyo rubber to gain this week on thin supplies; robusta seen down MUMBAI: Tokyo rubber futures, which set the tone for tyre-grade prices, are likely to edge higher this week as dealers are expecting producing countries to intervene in the market to support prices.Thai raw sugar discounts to New York futures are expected to remain steady, while Vietnamese robusta may increase its discount to London futures.Cocoa butter could edge higher on an improvement in demand.On Monday, the benchmark Tokyo Commodity Exchange rubber contract for April delivery hit ...


 



 
Index Closing Chg%
Arrow DJIA 17,810.06 0.51
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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