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CHICAGO: Chicago Board of Trade corn futures closed lower Friday in the face of a firmer dollar, lower equities on concerns about a slowing economy in China, and crop-nourishing rain in the US * Signs of slow economic growth in China were noted. China's GDP growth in the first quarter slowed to 8.1 percent from 8.9 percent in the previous three months. * Corn export premiums at the US Gulf Coast were higher late Thursday on robust export demand and tight old-crop supplies, cash merchants said. * Wet weather will blanket most of the US Midwest by the weekend into early next week, which will delay early corn plantings but also add valuable soil moisture. "There is a good chance most of the Midwest will receive 1 to 2 inches of rain over the next 5 days and there is more rain expected at the end of next week, so there won't be ...

CHICAGO: US wheat futures fell Friday, with the benchmark Chicago Board of Trade contract hitting a two-week low, on worries that global economic weakness could stunt worldwide demand and lower prices for wheat amid plentiful supplies, traders said. * CBOT May wheat ended the week down 2.5 percent, its second straight down week. The benchmark contract has lost 5.8 percent during the past two weeks, its biggest two-week loss in three months. * Friday's sell-off in wheat ...
NEW YORK: Spot gold prices jumped more than 1 percent o n Thursday, with technical buying, a strengthening euro and hopes for a Fed stimulus to the US economy cited as driving a late-morning recovery in bullion, which had declined in early trade. As the euro strengthened against the dollar, bullion rebounded from an intraday low around $1,650 per oz. Some market participants said disappointing US jobless claims data fed hopes that the US Federal Reserve ...
CHICAGO: US cattle futures surged about 2 percent on Thursday as cash prices came in better than traders had anticipated and touched off another round of short-covering. Chicago Mercantile Exchange live cattle spot April, and most-actively traded June, breached their respective 10-day moving averages at 119.97 cents and 116.07 cents, which triggered fund buying. By day's end, CME live cattle notched their biggest one-day percentage point increase since Jan. 3, aided by the spot-April contract that hit ...
NEW YORK: Orange juice futures settled higher on Thursday on speculative short-covering as the market recovered after closing at an 18- month low on Wednesday, but ample supplies still have most players bearish on the market, analysts said. The plunge on Wednesday made orange juice the biggest loser within the 19-commodity Thomson Reuters-Jefferies CRB index as sellers pressured prices amid a lack of bullish news. "Juice is trying to put together a day when it doesn't plummet," ...
NEW YORK/LONDON: Raw sugar and cocoa futures shot higher on Thursday in reaction to a weaker dollar, while coffee values were mixed in dealings dominated by switch and spread trading. Sugar bucked what would be bearish numbers from sugar industry group Unica in Brazil, which forecast 2012/13 center-south sugar output would exceed the previous year's level. New York's May raw sugar contract increased 0.27 cent to close at 24.22 cents per lb. London's May white sugar futures ...
NEW YORK: old dipped on Wednesday as a buying spree paused after four straight sessions of gains, but the stronger euro and a bullish price outlook from metals consultancy GFMS provided support. "The market tone is a bit better, but we have had a bit of risk-back-on in the last day or two. So, I think that is hurting gold somewhat," said Peter Buchanan, senior economist at CIBC World Markets in Toronto. He said gold should draw ...

 



 
Index Closing Chg%
Arrow DJIA 17,071.22 0.25
Arrow Nasdaq 4,505.85 0.14
Arrow S&P 1,977.80 0.25
Arrow FTSE 6,646.60 0.04
Arrow DAX 9,422.91 0.71
Arrow CAC-40 4,358.07 0.83
Arrow Nikkei 16,310.64 0.50
Arrow H.Seng 23,229.21 1.90
Arrow Sensex 26,597.11 0.11





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklySeptember 25, 2014
Reserves $13.305 bln