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NY sugar to drop to 10.59 cents SINGAPORE: New York October sugar is expected to drop to 10.59 cents per lb, as it has cleared a support at 10.98 cents.The support was provided by the 476.4 percent Fibonacci projection level of a wave 3, the third wave of a five-wave cycle that developed from the June 26, 2014 high of 19.86 cents.The next support will be at 10.59 cents, the 500 percent level, which is suggested as a target by the consolidation range of 11.22-11.61 cents.A sudden rise above 10.98 cents could signal the break below this level was false, and a bounce target will be established at 11.22 cents, the 461.8 percent level.Copyright Reuters, 2015 ...

NY coffee to retest support at $1.2160 SINGAPORE: New York September coffee is expected to retest a support at $1.2160 per lb, a break below which will lead to a loss to the next support at $1.1970.These supports are provided respectively by the 123.6 percent and the 138.2 percent Fibonacci projection levels of a downward wave c, which is the third wave of a three-wave cycle that developed from the June 10 high of $1.41.This cycle has been developing within a falling ...
NY cocoa to drop into $3,092-$3,126 range SINGAPORE: New York September cocoa is expected to drop into a range of $3,092-$3,126 per tonne, as it has broken a support at $3,176.The support is provided by the 61.8 percent Fibonacci retracement on the rise from the June 1 low of $3,046 to the July 15 high of $3,386. The next support zone will be formed by the 86.4 percent and the 76.4 percent retracements.A break above $3,176, now a resistance, will make signals ...
Gold down on dollar after worst month in two years NEW YORK/LONDON: Gold dropped on Monday, after falling by the most in two years in July, as the dollar rose and investors monitored US economic indicators for clues on the timing of a hike in US interest rates. Spot gold was down 0.9 percent at $1,086.06 an ounce by 3:02 p.m. EDT (1902 GMT). The metal hit a low of $1,077 on July 24, its weakest in 5-1/2 years. It lost almost 7 percent in ...
Wheat down 4-6 cents, corn down 5-6, soy down 5-10 CHICAGO: Following are US trade expectations for the opening of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Monday.WHEAT - Down 4 to 6 cents per bushelLower on spillover weakness from corn and soybeans, coupled with sluggish export demand for US supplies as the dollar remains strong. Ample global wheat supplies add pressure, along with the start of the US spring wheat harvest.CBOT September wheat ...
NY sugar to test support at 10.98 cents SINGAPORE: New York Oct. sugar is expected to test a support at 10.98 cents per lb, a break below which could lead to a loss towards the next support at 10.59 cents.These supports are provided respectively by the 476.4 percent and 500 percent Fibonacci projection levels of a wave 3, the third wave of a five-wave cycle that developed from the June 26, 2014 high of 19.86 cents.Based on the consolidation range of 11.22-11.61 cents, ...
NY cocoa still targets $3,256 SINGAPORE: New York Sept. cocoa still targets $3,256 per tonne, as it has climbed above a resistance at $3,216.The resistance was provided by the 50 percent Fibonacci retracement on the rise from the June 1 low of $3,046 to the July 15 high of $3,386. The next resistance will be at $3,256, the 38.2 percent level, which could be the limit to the current rebound.The drop from $3,386 is far from complete, as it is ...

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune-July
Trade Balance $-22.095 bln
Exports $23.885 bln
Imports $45.980 bln
WeeklyAugust 03, 2015
Reserves $18.536 bln