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Soybeans up 1.3pc on strong demand CHICAGO: US soybean futures rose 1.3 percent to a one-week high on Monday morning on strong end user demand, traders said. Corn futures were up slightly, supported by the gains in soybeans, while wheat was steady to firm. Soybeans were buoyed early by the US Agriculture Department's report that private exporters sold 290,000 tonnes of US soybeans to China. Traders said the market was building in a premium ahead of what is expected to be more bullish news for soybeans in the coming days. Copyright Reuters, 2013 ...

Speculators boost gold shorts near 7-1/2 year high: CFTC NEW YORK: Hedge funds and money managers raised their bearish bets in U.S. gold futures and options close to a 7-1/2 year high, data by the Commodity Futures Trading Commission showed on Friday, a sign that short covering could boost bullion prices, analysts said.In the week up to Dec. 3, the U.S. derivatives regulator said speculators cut their bullish bets in gold, and they turned silver into a net short position for the first time ...
ICE cocoa rallies the most in 3 weeks on deficit worries NEW YORK: Cocoa futures in New York rallied the most in nearly three weeks on Friday, driven closer to a more than two-year high set earlier this week, on expectations of a supply shortage, technical strength, and strong economic data. ICE raw sugar prices slid, heading toward another weekly loss as huge supplies and speculator selling weighed, while coffee futures pared the week's steep losses. US jobs data released was above ...
ICE sugar breaks 11-session weak streak to end barely higher NEW YORK/LONDON: Raw sugar futures on ICE touched a three-month low and then turned barely higher on Thursday, its first firm settlement in 12 sessions after a wave of late-day buying hit the market, while coffee markets extended losses.Cocoa futures on both ICE Futures U.S. and Liffe eased as dealers noted the market was underpinned by industry increasing their coverage on any price drops.ICE March raw sugar futures settled up 0.01 cent, or 0.06 percent, ...
Gold drops 1pc on uncertainty over Fed tapering NEW YORK/LONDON: Gold fell 1 percent on Thursday on encouraging US economic growth data, but it sharply pared losses as an increase in business inventories fueled speculation the Federal Reserve has to keep its bond-buying stimulus for now.Trading was extremely choppy. Bullion fell as much as 2 percent earlier in the session, but prices recovered as participants adjusted positions ahead of Friday's all-important November US nonfarm payrolls, traders said.Data released on Thursday showed the US ...
Cotton futures slip on spec selling even after solid export data NEW YORK: Cotton futures were slightly lower on Thursday as institutional selling offset buying triggered by "encouraging" export sales data that bolstered hopes of continued steady mill demand.The most-active March cotton contract on ICE Futures U.S. closed down 0.2 cent, or 0.25 percent, at 78.85 cents a lb. Volumes were low with only 7,096 March lots traded on the day.Prices gave up earlier gains after encouraging U.S. export sales which revealed almost 250,000 rolling bales ...
ICE cocoa surpasses 2-year high, sugar hits 2-month low NEW YORK/LONDON: ICE cocoa climbed to its highest in more than two years on Monday on buying in reaction to a strong technical outlook and to deficit expectations, while raw sugar futures fell to a two-month low as mills in No. 2 producer India began crushing after a month-long delay.Liffe robusta coffee futures neared a near seven-week peak as producers in top grower Vietnam held back supplies.The second-month March cocoa contract on ICE Futures U.S. ...

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyApril
Trade Balance $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 28, 2015
Reserves $17.494 bln