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Gold falls, eyes more weakness after choppy week  NEW YORK/LONDON: Gold fell on Friday, heading for its biggest weekly decline this year, in reaction to a stronger dollar and the metal remained vulnerable to drop further after a tumble earlier in the week shook bullion investor confidence. Losses in crude oil, euro and US equities also weighed on bullion prices, which are on track for a 3.5 percent weekly decline. Further profit-taking is possible as the metal is still 9 percent higher year to date. The metal fell as much as $100 on Wednesday as funds sold after US Federal Reserve Chairman Ben Bernanke did not mention another round of monetary easing was imminent. While some analysts view gold's sudden pullback as an aberration, others say that the metal could fall further after it repeatedly failed to stay above $1,800 an ounce. "Gold's inability to make a more convincing comeback implies that the correction might not be over yet," said James Steel, ...

NY juice settles up for fourth straight session  NEW YORK: Orange juice futures closed higher Friday for the fourth straight session as investors continued to build on the more than 10 percent gain in February, brokers said. Key May frozen concentrated orange juice rose 2.60 cents to end at $1.9035 per lb, dealing from $1.8775 and $1.937. On the week, the market is up 3.45 percent. "We're seeing some spec short-covering, but its been of the modest variety," a dealer said. The juice market ...
Soy rises 10th day, wheat firms on exports           CHICAGO: US soybeans advanced for the 10th session in a row while wheat rebounded from two sessions of losses on Friday, buoyed by rising export demand and bucking pressure from a strong dollar. Corn futures also trimmed early losses at the Chicago Board of Trade as investment fund buying lifted prices of each crop off their session lows. "There's quite a few reasons why we might not see this being a runaway bear market this morning," ...
Argentine soy ends lower on slack local demand  BUENOS AIRES: Argentina's closing soy prices and trends on Wednesday: * Soy prices in Rosario ended lower on Wednesday as buyers rejected prices driven higher by bullish Chicago trade. Prices in Rosario, Argentina's main soy hub, ended at between 1,350 and 1,360 pesos per tonne ($310-$312) versus 1,380 pesos in the prior session. * Volume fell to practically nil from 13,000 tonnes on Tuesday. * Soybean futures on the Chicago Board of Trade extended their rally to eight ...
NY juice settles up, but down sharply on month  NEW YORK: Orange juice futures finished higher Wednesday on investor buying as the market gained for the second straight session although juice contracts were down on the month by over 10 percent, brokers said. Key May frozen concentrated orange juice rose 1.80 cents to end at $1.8575 per lb after moving between $1.8325 and $1.885, nearly matching the previous session's range. "It's firming up a little bit, but the process has been slow," a broker said. Traders ...
Sugar falls, eyes on spread, expiry LONDON/NEW YORK: ICE raw sugar futures extended declines for a second day on Wednesday from a four-month high reached on Monday, while dealers focused on a narrowing front-month spread before expiry of the spot contract later in the day. Arabica coffee futures dipped in light volumes, with a focus on expectations of a big crop in Brazil, and cocoa eased as dealers digested the Liffe March options expiry at midday on Wednesday. Raw sugar slipped as dealers ...
Cooper sees first-quarter sales at or above forecasts        NEW YORK: Electrical products maker Cooper Industries Plc expects first-quarter sales to meet or beat the high end of its forecast, citing strong industrial and utility markets and growth in developing economies. Its first-quarter sales growth forecast is 4 percent to 6 percent. The company expects its profit to be near the upper end of its first-quarter forecast, which calls for earnings from continuing operations between 97 cents and $1.01 a share. The average Wall Street ...


Index Closing Chg%
Arrow DJIA 17,131.97 0.59
Arrow Nasdaq 4,552.76 0.75
Arrow S&P 1,998.98 0.75
Arrow FTSE 6,792.24 0.18
Arrow DAX 9,632.93 0.28
Arrow CAC-40 4,409.15 0.44
Arrow Nikkei 15,911.53 0.23
Arrow H.Seng 24,136.01 0.91
Arrow Sensex 26,492.51 1.21

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WeeklySeptember 15, 2014
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