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ICE canola bounces off 5-week low, lags soy  WINNIPEG: ICE Canada canola futures rose slightly on Wednesday, taking support from stronger Chicago soybean prices to bounce off a five-week low. * Canola lagged soybeans' gains as the stronger Canadian dollar appeared to cool crusher buying interest and with farmers pricing crop through forward-delivery contracts - trader. * Soybeans took strength from talk of US sales to China, and the USDA said Wednesday exporters sold 140,000 tonnes of US soybeans to unknown destinations. * November canola fell earlier to a five-week low of $596.60 per tonne, but settled above the psychologically important $600 level. * Traders awaiting Friday's US Department of Agriculture monthly supply and demand report. * November canola gained 80 cents to $603.10 per tonne on volume of 10,371 contracts. * January rose $1.50 to $607.50 per tonne on volume of 5,272 contracts. * November-January spread widened to a January premium of $4.40, trading 4,185 times. * Chicago Board of Trade November soybeans gained 15-1/2 ...

NY cotton jumps above 76 cents ahead of USDA report  NEW YORK: Cotton futures jumped above 76 cents per lb for the first time since mid-May on Wednesday ahead of a key US government crop report that may forecast lower output from India, the world's second-largest producer, due to the weak and delayed monsoon. The benchmark December cotton contract on ICE Futures US rose 0.80 percent to settle at 76 cents per lb, just 0.30 cent shy of its intraday high. Brokers and analysts expect the US ...
Copper ends down with weak euro; China data eyed  NEW YORK/LONDON: Copper retreated on Wednesday from a one-week high hit in the previous session as risk sentiment soured amid further signs of worsening economic conditions in Europe. Copper prices fell for the first time in four days, largely tracking losses in the euro versus the dollar, after a drop in German imports and industrial production only added to the worrisome growth prospects in the region and spurred more caution in the market ahead of trade ...
Gold edges up, volume thin on murky cenbank outlook  NEW YORK: Gold edged up, but remained in a tight range, on Wednesday as trading was quiet again due to investor uncertainty about whether central banks would act to stimulate frail economies. Comments from Bank of England Governor Mervyn King saying there was no urgent need to print more money dampened sentiment among bullion investors looking for more aggressive actions from central banks. Traders said last week's lack of firm commitments by the U.S Federal Reserve and ...
Cocoa hits multi-month highs, sugar at 6-week low  NEW YORK/LONDON: Cocoa futures inched up to multi-month highs on Wednesday, supported by the threat of El Nino weather conditions on the West African crop and chart-based buying, while raw sugar closed at a six-week low. Coffee eased with some pressure coming from the firm US dollar. Liffe cocoa prices rose slightly to a nine-month high of 1,675 pounds per tonne ($2,600) earlier in the day. The market last week broke above the range of 1,367 to ...
Oil slips from 12-week high, stimulus eyed  LONDON: Brent crude oil steadied around $112 per barrel on Wednesday, retreating from 12-week highs but supported by worries over falling North Sea output and hopes for more economic stimulus measures on both sides of the Atlantic. Brent has risen more than 25 percent since the end of June and hit $112.56 on Tuesday, its highest since mid-May, on expectations the world's largest economies would take more measures to stimulate growth. Expectations that central banks will ease ...
Copper jumps to 1-week high on hopes of central bank action  NEW YORK/LONDON: Copper rose to a one-week high on Tuesday, as the dollar fell and expectations grew that the European Central Bank (ECB) will take the necessary steps to resolve its three-year debt crisis and shore up its faltering economy. A broad range of financial markets, including metals, crude oil, and equities have all enjoyed a strong run after the ECB promised last week to buy bonds to ease pressure on Spain and Italy, albeit under ...


Index Closing Chg%
Arrow DJIA 17,826.30 1.54
Arrow Nasdaq 4,931.82 1.52
Arrow S&P 2,081.18 1.13
Arrow FTSE 6,994.60 0.93
Arrow DAX 11,688.70 2.58
Arrow CAC-40 5,143.26 1.55
Arrow Nikkei 19,652.88 1.17
Arrow H.Seng 27,653.12 0.31
Arrow Sensex 28,442.10 0.78

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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyApril 16, 2015
Reserves $16.818 bln