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Wheat falls near lowest in 2 weeks, set to finish May up 4pc SYDNEY: US wheat fell 0.5 percent on Friday to linger near a two-week low as the weather outlook improved, though the grain was poised to record its biggest monthly climb in six months.Corn rose, extending gains into a second session, while soybeans also edged higher.Chicago Board of Trade front-month wheat fell 0.51 percent to $4.86-1/4 a bushel, having closed up 0.2 percent in the previous session."Weather forecasts call for warmer weather across the States and that will alleviate any concerns over potential disease," said Andrew Woodhouse, grains analyst at Advance Trading Australasia."The Plains have had lots of rains recently and should the warmer weather materialise, yields are likely to be better."Despite edging down, wheat is set to finish the month up more than 4 percent in its biggest monthly rally since November, 2014.Concern over potential damage to the US winter wheat crop has driven much of these gains, though worries ...

Shanghai copper may drop to 43,510 yuan SINGAPORE: Shanghai copper may drop to 43,510 yuan per tonne as it has left an upper channel and moved into a lower channel.The upper channel has been developing from the Jan. 26 low of 38,860 yuan. Based on this channel, a similar rising channel has been duplicated, and its lower channel line points an aggressive target at 40,640 yuan, which could be reached over the next week.A more realistic target will be 43,510 yuan, the ...

Raw sugar holds above 6 year low, London cocoa off 8-mth high NEW YORK/LONDON: Raw sugar futures on ICE hovered above their lowest level in more than six years on Thursday, but gains were capped by the weak currency in top grower Brazil and abundant supplies, while London cocoa fell from an eight-month high.New York cocoa fell for the fourth straight day as the weak British pound attracted selling by speculators. Coffee futures were slightly higher.Dealers said they expected fluctuations in the Brazilian real and US dollar ...

CBOT soybeans close lower on new-crop drop CHICAGO: US soybean futures fell on Thursday, led lower by new-crop contracts amid technical selling and expectations for a big crop this fall, traders said.Chicago Board of Trade November soybean futures, which track the crop that US farmers are currently planting, notched the biggest losses after early buying failed to push the contract through Wednesday's highs.Weakness in soymeal, which was weighed down by profit taking, also weighed on soybeans.Traders also cited pressure from expectations that ...

Gold bounces up from 2-1/2-week low as dollar, shares fall NEW YORK/LONDON: Gold inched higher after hitting a 2-1/2 week low on Thursday as the dollar and global shares fell alongside uncertainty about Greece and an unexpected rise in US jobless claims. Spot gold was up 0.1 percent at $1,188.30 an ounce by 2:26 p.m. EDT (1826 GMT) after falling to $1,180.55, the lowest since May 11. US gold futures for June delivery settled up $2.50 at $1,188.10 an ounce. European Central Bank Vice President ...

CBOT wheat ends up on technical buying after choppy session CHICAGO: Wheat futures on the Chicago Board of Trade settled modestly higher on Thursday following a choppy, technical session, with short-covering and a softer dollar lending support.CBOT July wheat settled up 1 cent at $4.88-3/4 per bushel after dipping lower at the closing bell. The contract stayed inside the previous day's trading range.K.C. hard red winter wheat futures closed lower, with spot July posting a two-week low at $5.05-1/2. MGEX spring wheat closed higher.Funds hold ...

Corn rebounds on short covering, bullish ethanol data CHICAGO: US corn futures on Thursday rebounded from a seven-month low after three days of declines in a short-covering bounce and following a government report showing higher ethanol output and lower stocks of the corn-based biofuel.Wheat futures were mixed as a weaker dollar and concerns about the outlook for crops in Russia kept a floor under the market, but sluggish US export demand continued to restrict gains. Soybeans drifted lower on rising global supplies and ...


Index Closing Chg%
Arrow DJIA 17,596.35 1.95
Arrow Nasdaq 4,958.47 2.40
Arrow S&P 2,057.64 2.09
Arrow FTSE 6,620.48 1.97
Arrow DAX 11,083.20 3.56
Arrow CAC-40 4,869.82 3.74
Arrow Nikkei 20,109.95 2.88
Arrow H.Seng 25,966.98 2.61
Arrow Sensex 27,645.15 0.60

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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJune 25, 2015
Reserves $17.457 bln