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Tokyo futures hit 11-month high on weaker yen and higher oil TOKYO: Benchmark TOCOM rubber futures climbed for a fourth straight session to an 11-month high on Monday on the back of a weaker yen against the US dollar and as higher prices of commodities such as oil and copper gave a boost to investor sentiment.The Tokyo Commodity Exchange rubber contract for August delivery rose 1.6 percent, or 3.5 yen, to 225.1 yen per kg, after posting its biggest monthly percentage gain since 2012 amid period’s tighter supplies in Southeast Asia.The benchmark earlier rose to as high as 226.7 yen, the highest since April 9 last year.China cut benchmark lending and deposit rates on Saturday, apparently driven by weakness in its vast manufacturing sector, aggravated by high real borrowing costs and weak demand.China's economy is expected to slow to an annual 7 percent in the first quarter of this year, a top Chinese government think tank said in a research report, ...

Spot gold to rise to $1,235 SINGAPORE: Spot gold is expected to rise to $1,235 per ounce as it has cleared a resistance at $1,218. The resistance was at the 23.6 percent Fibonacci retracement on the fall from the Jan. 22 high of $1,306.20 to the Feb. 24 low of $1,190.91. The next resistance will be at $1,235, the 38.2 percent retracement.An inverted head-and-shoulder has been confirmed, pointing $1,249, the 50 percent retracement. However, the resistance at $1,235 may temporarily stop ...
India gold prices to rise after budget keeps import duty high MUMBAI: Gold premiums in top consumer India could jump to as much as $5 an ounce over world prices next week, from being almost at par, after Finance Minister Arun Jaitley surprised jewellers by maintaining import duty at a record level in Saturday's budget.The wedding season that extends to May typically raises gold demand, but many had delayed purchases expecting a cut in the 10 percent tax. Buying had been muted in the past few ...
LME copper to retest resistance at $5,937 SINGAPORE: LME copper may retest a resistance at $5,937 per tonne, a break above which will lead to a further gain to $6,074.The resistance is at the 50 percent Fibonacci retracement on the fall from the Dec. 15, 2014 high of $6,520 to the Jan. 14 low of $5,353.25, temporarily blocking the way towards the next resistance at $6,074, the 61.8 percent retracement.Based on a double-bottom around $5,353.25, copper may eventually rise to $6,245, the ...
LME aluminium to retest support at $1,790 SINGAPORE: LME aluminium is expected to retest support at $1,790 as its rebound from the Feb. 20 low of $1,792 per tonne has completed.The rebound could be broken down into three waves, a signal of its completion. A Fibonacci retracement analysis on the rise from the Jan. 14 low of $1,757 to the Feb. 3 high of $1,898 reveals the rebound has been triggered by the 76.4 percent retracement at $1,790.With the completion of the ...
Thailand and Vietnam set to win Philippines rice deals MANILA: The world's biggest rice sellers, Thailand and Vietnam, are likely to win government-to-government deals to supply a total 500,000 tonnes of the grain to the Philippines, which is seeking to build its buffer stock ahead of a lean harvest season.Thailand offered on Friday to sell 100,000 tonnes each of 15 percent and 25 percent broken long grain white rice at $369 per tonne and $421 a tonne, respectively, to the Philippine state grain agency ...
Shanghai copper to rise to 42,840 yuan SINGAPORE: Shanghai copper is expected to retest resistance at 42,840 yuan, a break above which will lead to a further gain to 43,780 yuan.Resistance is provided by the 50 percent Fibonacci retracement on the fall from the Dec. 15, 2014 high of 46,820 yuan to the Jan. 26 low of 38,860 yuan. The next resistance will be at 43,780 yuan, the 61.8 percent level.An inverted head-and-shoulders forming between Jan. 14 and Feb. 13 has been ...


Index Closing Chg%
Arrow DJIA 18,132.70 0.45
Arrow Nasdaq 4,963.53 0.49
Arrow S&P 2,104.50 0.30
Arrow FTSE 6,946.66 0.04
Arrow DAX 11,401.66 0.66
Arrow CAC-40 4,951.48 0.83
Arrow Nikkei 18,797.94 0.06
Arrow H.Seng 24,823.29 0.32
Arrow Sensex 29,220.12 1.65

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln