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U.S. cotton down most in a month ahead of exports data, USDA report NEW YORK: U.S. cotton futures tumbled nearly 2 percent on Wednesday, the most in a month, as investors and traders turned cautious ahead of exports data and the first official reading of full supply demand for the 2014/15 season.Weekly data on net upland sales of all U.S. cotton will be released on Thursday. On Friday, the U.S. Department of Agriculture will issue a monthly report that features its first full forecast for the cotton season that begins on Aug. 1."We're worried about the export sales report tomorrow because China is selling stocks," Jack Scoville, vice-president at The Price Futures Group in Chicago, said referring to the possibility of U.S. cancellations from the Chinese sales."And then there is the supply demand report. I think speculators are getting out of longs, worrying about a potential bear surprise."The most-active cotton contract on ICE Futures U.S., the second month July, ended down 1.43 cents, ...

CBOT corn up nearly 2pc on technical buying, rain forecast CHICAGO: US corn futures jumped nearly 2 percent on Tuesday, capping the largest two-day rally in prices in two months on support from technical buying and ideas rains in the coming days will delay plantings, traders said.Surging wheat futures amid drought conditions in the southern US Plains and unwinding of soybean-corn spreads also lifted corn futures that recovered most of their declines during a three-session selloff last week.Additionally supportive was a lack of deliveries against ...
Honduras coffee exports edge down in April TEGUCIGALPA: Coffee exports from Honduras, Central America's largest producer, fell 1.5 percent in April from the same month last year, national coffee institute IHCAFE said on Monday. Central America's five major coffee producers, along with Mexico, are grappling with damage caused by the tree-killing fungus roya, which has depressed yields across the coffee-growing region. Shipments from Honduras totaled 580,284 60-kilogram bags for the month. Coffee exports during the first seven months of the 2013/2014 harvesting ...
ICE Canada canola rebounds to weekly gain WINNIPEG: ICE Canada canola futures rose on Friday on a technical bounce, and the most-active month finished higher for the week.Traders adjusted positions ahead of Monday's Statistics Canada report on March 31 stocks. The estimate of canola stocks is at 9 million tonnes, according to a Reuters poll, the largest ever for this time of year.Most-active July canola rose $11.20 or 2.2 percent at $480.40 per tonne. Finished with a weekly gain of 1.3 percent.July-November ...
ICE Canada canola rebounds to weekly gain WINNIPEG: ICE Canada canola futures rose on Friday on a technical bounce, and the most-active month finished higher for the week.Traders adjusted positions ahead of Monday's Statistics Canada report on March 31 stocks. The estimate of canola stocks is at 9 million tonnes, according to a Reuters poll, the largest ever for this time of year.Most-active July canola rose $11.20 or 2.2 percent at $480.40 per tonne. Finished with a weekly gain of 1.3 percent.July-November ...
Gold up 1.4pc on Ukraine, US jobs data has mixed impact NEW YORK/LONDON: Gold rose more than 1 percent on Friday, its biggest daily gain in two months, as rising geopolitical tensions and heavy short-covering helped bullion reverse an initial sharp sell-off after mixed U.S. job data.Bullion rallied on fears of more violence after news that several men were shot dead in clashes between pro-Russian protesters and Ukraine supporters and dozens of people killed in a fire in the trade union building in the largely Russian-speaking ...
Raw sugar slips 2pc for day, ending rally; cocoa, coffee down too NEW YORK: Raw sugar prices fell on Friday, halting a three-day rise and trimming weekly gains, on concerns that global supplies of the sweetener might be on the rise despite uncertainties posed by drought in Brazil, the world's largest sugar grower.Cocoa futures edged lower, touching a two-month bottom, pressured by large West African crops and weak prices for beans auctioned by top producing country Ivory Coast.Arabica coffee gave up its early strength to close down ...

 



 
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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