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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 April delivery was down $9.50 at $1,150.60 an ounce."It's very much a function of dollar strength because gold in euro terms remains quick high," said Mark O'Byrne, research director in Dublin for GoldCore Ltd, a bullion dealer.Spot gold prices in euros were trading at around one-month highs.O'Byrne also noted technical selling, with $1,130 the next support level after breaking below $1,150.The afternoon gold fix was set at $1,150 an ounce, the lowest in four months, ...

ICE cotton extends longest rout since 2013 on speculator selling NEW YORK: Cotton on ICE Futures U.S. fell for a 10th straight session on Wednesday, extending its longest losing streak since November 2013 under pressure from speculator liquidation and weak demand in the cash market.The front-month May cotton contract on ICE hit a five-week low of 60.28 cents a lb before closing down 0.54 cents, or 0.9 percent, at 60.33 cents.Speculators have begun unwinding a bullish bet in fiber due to technical weakness and lackluster ...
Wheat rises over 1pc to one-week high on dry US Plains CHICAGO: US wheat futures rose 1.2 percent to a one-week high on Wednesday, extending four-day gains to nearly 4 percent on short-covering and concerns 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, May wheat settled up 5-3/4 cents at $4.99 per bushel. May corn ended up 3 cents at $3.91 a bushel and May soybeans settled up 8-1/4 cents ...
Heavy raw sugar options dealings point to profit-taking NEW YORK: Raw sugar futures on ICE tumbled to a six-year low on Tuesday, spurring what traders believed to be a wave of profit-taking in options and potentially signaling that the steep price drop may be in for a pause.Volume in May 14-cent calls surged above 5,500 lots on Tuesday, a day after open interest fell to just 6,508 lots and implied volatility rose slightly, though it remained below last month's contract high."(At) the 13 ...
ICE May cotton extends losses after USDA ups global inventory view NEW YORK: ICE May cotton extended earlier losses and hit a more than one-month low after the U.S. government raised its forecast for global inventories at the end of the 2014/15 crop year in its monthly report on Tuesday.The most active May cotton contract on ICE Futures U.S. was down 1.06 cents, or 1.7 percent, at 61.19 cents a lb by 12:30 p.m. EST (1630 GMT), the session low and the lowest level for the ...
Raw sugar at 6-year low as Brazil's currency falls further NEW YORK/LONDON: Raw sugar futures on ICE slid to a six-year low on Tuesday and arabica coffee prices drifted back toward a 13-month low as top grower Brazil's weakening currency attracted producer and speculative selling.New York cocoa prices fell for the fifth straight session, while the London market also dropped on the strong U.S. dollar and investor liquidation.Front-month May raw sugar futures settled down 0.25 cent, or 1.9 percent, at 13.02 cents a lb, after ...
US soybeans sag after monthly USDA report CHICAGO: Chicago Board of Trade soybean futures fell on Tuesday after the U.S. Department of Agriculture surprised analysts by leaving its forecast of U.S. soy ending stocks unchanged in a monthly report.A strong dollar hung over the entire commodities sector, pressuring corn and wheat as well as crude oil and copper.At the CBOT at 12:50 p.m. CDT (1750 GMT), CBOT May soybeans were down 7-3/4 cents at $9.85-1/2 per bushel. May corn was down 2-1/4 ...

 



 
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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