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Robusta coffee at 13-month low, NY cocoa falls for 7th day NEW YORK/LONDON: Robusta coffee futures on ICE extended losses to a 13-month low on Thursday, on fund and technical selling, while chart-based selling pushed New York cocoa down in heavy volume for the seventh straight day.Raw sugar rose above the prior session's six-year low as the market consolidated despite the falling currency in Brazil, the world's biggest sugar producer, which attracted producer selling earlier this week.May robusta coffee closed down $52, or 2.9 percent, at $1,768 a tonne, after touching $1,756, the lowest level since February 2014.Funds ignored reports of hoarding in top grower Vietnam and focused on expectations for a large 2015/16 crop. Technical sell signals also attracted chart-based selling after the second position closed below the 50 percent Fibonacci retracement level back down to the 2013 low in the prior session, traders said.Arabica coffee futures turned higher but remained within sight of a 13-month low of $1.288 per ...

Gold steadies after 8 days losing streak as dollar retreats NEW YORK/LONDON: Gold steadied on Thursday as a retreat in the dollar from 12-year highs arrested its eight-session slide, though speculation that U.S. interest rates could rise sooner rather than later kept prices under pressure.The dollar fell from a fresh high in early U.S. trading on Thursday after a surprise drop in U.S. retail sales in February.Spot gold was up 0.05 percent at $1,154.65 an ounce at 2:23 p.m. EDT (1823 GMT), while U.S. gold ...
Brazil soy exports to rise after truck strikes SAO PAULO: Brazil's soybean exports will likely rise to more than 7 million tonnes in March with little risk of further disruption from truck strikes, analyst Pedro Dejnaka, managing partner of AGR Brasil, told the Thomson Reuters Global Ags Forum on Thursday.Truck traffic has been normal and soy stocks have been replenished at Brazilian ports since truck drivers lifted the final roadblocks of a two-week strike last week, Dejnaka said.In addition to depleting stocks at ...
Cotton futures stem rout as low prices stir mill buying NEW YORK: Cotton on ICE Futures U.S. rose on Thursday, ending the longest rout since late 2013 as chart signals curbed investor liquidation and low prices revived demand from mills.The front-month May cotton contract on ICE slipped to a five-week low of 60.26 cents a lb, then rallied to close up 0.89 cent, or 1.5 percent, at 61.22 cents.The contract had closed down for ten straight sessions prior to the recovery.Short-term indexes placed the contract ...
Brazil steelmaker CSN sees opportunity in US with strong dollar SAO PAULO: Brazilian steelmaker Cia Siderurgica Nacional SA expects to double steel sales on the US market to 600,000 tonnes as the strong dollar is expected to boost profits there, the company's director of sales said. Company executives said they expected domestic market demand for steel in Brazil to recover in the second half of 2015. Brazil's economy is expected to slip into recession this year as high interest rates, rising inflation and a widening ...
Wheat hits one-week high as US dryness concerns stoke gains CHICAGO: US wheat futures rose 1.4 percent to a one-week high on Wednesday, extending four-day gains to around 4 percent, supported by short-covering and concern about dry weather in US growing regions.Corn and soybeans also firmed, although renewed strength in the dollar capped rallies.At the Chicago Board of Trade as of 11:23 a.m CDT (1623 GMT), May wheat was up 6 cents at $4.99-3/4 per bushel. May corn was up 3-1/2 cents at $3.91-1/2 a ...
Gold hits three-month lows on dollar, equities strength NEW YORK/LONDON: Gold fell more than 1 percent on Wednesday, touching its lowest in more than three months in what looked to be an eighth straight losing session as a robust dollar and expectations of higher U.S. interest rates curbed appetite for the metal.Spot gold earlier fell 1.1 percent to $1,147.10 an ounce, its lowest since Dec. 1, and was down 0.7 percent at $1,153.10 an ounce by 2:35 p.m. EDT (1835 GMT).U.S. gold for ...

 



 
IndexClosingChg%
ArrowDJIA 17,976.31 1.49
ArrowNasdaq 4,947.44 1.15
ArrowS&P 2,081.24 1.22
ArrowFTSE 6,891.43 0.53
ArrowDAX 12,086.01 1.83
ArrowCAC-40 5,083.52 0.98
ArrowNikkei 19,411.40 0.65
ArrowH.Seng 24,855.12 1.51
ArrowSensex 27,975.68 1.88





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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