All
 

 

Just in:  

You are here: Home»Markets»Commodities»Americas

Americas

Archive

NY juice ends lower, breaks 5-day winning streak     NEW YORK: Orange juice futures ended lower Tuesday, snapping a five-day winning streak, as investors took profits on the recent rally ignited by worries about juice imports from the world's top producer Brazil. Investors cashed in on the more than 10 percent rise in February as the threat of frost in Florida's groves diminished, analysts said. "Given the current price levels and where we are in the calendar there's not a lot of frost risk in this market," said Sterling Smith, an analyst for Country Hedging Inc in St. Paul, Minnesota. "That led to some profit-taking on the rally," he added. Benchmark May frozen concentrated orange juice settled down 2.25 cents at $1.8985 per lb after trading from 1.85 to $1.93. Traders awaited a USDA Florida citrus output report due on Friday. Uncertainty over tests by the US Food and Drug Administration given to Brazilian juice imports due to the use ...

Gold falls 2pc, breaches key support on Greece fears        NEW YORK/LONDON: Gold fell 2 percent in heavy volume on Tuesday after breaching a key support, as renewed concerns about Greece's debt triggered economic fears, while some analysts say the metal looks oversold and poised for a rebound. Silver fell 3 percent, and platinum and palladium headed for their largest one-day falls this year after caution grew about global economic outlook a day after China cut its growth forecast and data showed the European Union is ...
CBOT soybeans turn higher, soymeal strong           CHICAGO: Soybean futures on the Chicago Board of Trade turned higher on Tuesday, rallying from early declines on concerns about the size of Brazil's soy crop, traders said. Soymeal futures also advanced, posting the biggest percentage gains in the soy complex on chart-based buying. As of 10:22 a.m. CST (1622 GMT), CBOT May soybeans were up 7-1/2 cents at $13.32-1/2 per bushel. May soymeal was up $4.20 at $362.40 per ton. Copyright Reuters, 2012 ...
Metals fall, oil gains capped as China cuts growth  NEW YORK: Most commodities fell on Monday, with copper and silver dropping steeply after top buyer China cut its economic growth target, a move that also limited gains for oil on possible disruptions to supplies from Iran. "With China reducing the expected growth rate, the concern is there is the possibility of a bigger downside," said Kate Warne, investment strategist at Edward Jones in St. Louis. Questions about European growth, and therefore demand for raw materials, intensified ...
NY juice finishes higher despite late profit taking  NEW YORK: Orange juice futures extended gains into the fifth straight day on Monday, supported by ongoing concerns about juice imports from the world's top producer. Though gains were pared as investors cashed in on the more than 10 percent rise in February as the threat of frost in Florida's groves diminished, analysts said. "Given the current price levels and where we are in the calendar there's not a lot of frost risk in this market," said ...
Indian imposes ban on cotton exports, prices surge  NEW YORK: Cotton futures, which only last year hit a historic peak above $2 a lb, rallied to close limit up on Monday, spurred by India's surprise ban on exports of its cotton. That stoked speculative fervor that Chinese mills may have to turn to thinning US cotton supplies, evoking memories of the rally which saw cotton prices treble in August 2010 and eventually climax at $2.27 in March 2011. The benchmark May cotton contract ...
Gold drops on China, eyes key technical support  NEW YORK/LONDON: Gold fell on Monday, dropping with equity markets after China cut its economic growth targets, and the precious metal could pull back further if it fails to hold key support after last week's sharp sell-off. Bullion fell 1 percent after China, viewed by many as the engine of the global economy, cut its 2012 growth target to an eight-year low. A disappointing survey of euro zone private-sector activity also weighed on sentiment. Gold recovered somewhat ...

 



 
Index Closing Chg%
Arrow DJIA 17,814.94 0.02
Arrow Nasdaq 4,758.25 0.07
Arrow S&P 2,067.03 0.12
Arrow FTSE 6,731.14 0.02
Arrow DAX 9,861.21 0.77
Arrow CAC-40 4,382.31 0.32
Arrow Nikkei 17,407.62 0.29
Arrow H.Seng 23,843.91 0.21
Arrow Sensex 28,338.05 0.57






Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln