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Gold hits 2-1/2-week high as German data lifts euro NEW YORK/LONDON: Gold hit 2-1/2-week highs on Wednesday, rising for the sixth straight session as upbeat German sentiment data helped drive the euro higher against the dollar, and as expectations for an imminent US interest rate rise receded.The euro was up 0.4 percent versus the US currency after a survey on German business morale fueled expectations that a euro zone economic recovery is strengthening, extending gains after US durable goods data missed expectations. Spot gold was up 0.3 percent at $1,196.35 an ounce by 2:52 p.m. EDT (1852 GMT), having earlier touched its highest since March 6 at $1,199.70. US gold futures for April delivery settled up $5.60 an ounce, or by 0.5 percent, at $1,197. Spot silver was up 5 percent at $16.96 an ounce after rising to a five-week high at $17.11."(Gold is) grinding higher as traders are reluctant buyers at this stage ... driven by lower bond ...

CBOT corn jumps on US plantings outlook, technicals CHICAGO: Corn futures on the Chicago Board of Trade climbed for the third straight session on Tuesday, reaching the highest levels in about two weeks on outlooks for reducing US sowings and chart-based buying, traders said.Most-active CBOT May corn rose above its 50-day moving average for the first time in two months in the previous session, triggering technical buying, and the contract was approaching its 200-day moving average for the first time in about 10 ...
CBOT wheat ends down 2pc on profit-taking, firming dollar CHICAGO: Wheat futures on the Chicago Board of Trade fell 2 percent on Tuesday, pressured by profit-taking after a four-session rally and an upturn in the dollar, which makes US grains less attractive on the world market, traders said.Wheat also lost ground versus corn on inter-market spreads, with corn buoyed by concerns about a late start to planting in southern US crop areas.Additional pressure stemmed from weekly USDA wheat condition ratings improving in several Plains ...
Soft gold prices to boost 2015 fabrication NEW YORK: Weak prices for gold will increase the amount of the precious metal that is made into jewelry, coins and other items by more than 4 percent in 2015, while values are expected to struggle to move higher, CPM Group said on Tuesday. The fabrication of gold, which involves manufacturing the yellow metal into semi-finished or final products, is forecast to rise to 96.9 million ounces in 2015, New York-based CPM Group said in ...
US wheat tumbles 2 percent after rally as rain monitored CHICAGO: US wheat tumbled as much as 2 percent on Tuesday as investors took profits after the previous session's five-week high and extended weather outlooks showed the possibility of crop-friendly rains in the United States and Russia.Soybean futures also were lower at the Chicago Board of Trade, pressured by record South American harvests and disappointing manufacturing data out of top importer China.Corn was narrowly higher, touching a roughly two-week peak, on ideas that analyst outlooks ...
Soy, corn and wheat rise on weak dollar, short-covering CHICAGO: US soybean, corn and wheat futures climbed 1 percent or more on Monday, extending gains from late last week as the dollar weakened and investors covered short positions.Dry weather in Russia and southern US Plains growing areas also underpinned wheat prices while corn futures climbed above several key moving averages, lending technical support. But prices pared gains as the dollar trimmed losses against a basket of currencies."With the dollar lower again, the main feature ...
Gold heads for biggest weekly gain in 2 months, silver jumps NEW YORK/LONDON: Gold prices hit two-week highs on Friday and were poised for their biggest weekly jump since mid-January, after the US Federal Reserve's cautious note on interest rates arrested a dollar rally and sparked broad-based buying of commodities. The US currency fell as much as 1.8 percent against a basket of major currencies on Friday, after the Fed downgraded its growth and inflation projections earlier in the week, signalling it is in no rush ...

 



 
Index Closing Chg%
Arrow DJIA 17,678.23 0.23
Arrow Nasdaq 4,863.36 0.27
Arrow S&P 2,056.15 0.24
Arrow FTSE 6,895.33 1.37
Arrow DAX 11,843.66 0.18
Arrow CAC-40 5,006.35 0.29
Arrow Nikkei 19,471.12 1.39
Arrow H.Seng 24,497.08 0.13
Arrow Sensex 27,457.58 2.33





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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJanuary
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln