Just in:  

You are here: Home»Markets»Commodities»Asia



Spot gold to test support at $1,110 SINGAPORE: Spot gold may test a support at $1,110 per ounce, with a good chance of breaking below this level and falling more towards the next support at $1,077.The support is provided by the 14.6 percent Fibonacci retracement on the fall from the Jan. 22 high of $1,306.20 to the July 24 low of $1,077, working as the last barrier towards $1,077.The depth of the fall from the Aug. 21 high of $1,168.40 signals a completion of the bounce from $1,077 and a resumption of the preceding downtrend. Resistance is at $1,131, the 23.6 percent level, a break above which may lead to a limited gain to $1,140.Copyright Reuters, 2015 ...

LME aluminium to fall towards $1,504 SINGAPORE: LME aluminium is expected to fall towards a support at $1,504 per tonne, as it may have completed a bounce caused by this level.The support is provided by the 200 percent Fibonacci projection level of a downward wave C, which developed from the July 15 high of $1,729.50. This wave has been travelling within a falling channel, and the lower channel suggests a target at $1,487, the 214.6 percent level.A further gain from the ...
Shanghai copper to retest support at 38,110 yuan SINGAPORE: Shanghai copper is expected to end its current bounce around a resistance at 39,040 yuan before retesting a support at 38,110 yuan per tonne.The bounce from the Aug. 24 low of 37,530 yuan has completed around a resistance at 39,390 yuan, the 76.4 percent Fibonacci retracement on the fall from the Aug. 13 high of 39,970 yuan to 37,530 yuan.Even though the metal has climbed above 38,750 yuan, the 50 percent retracement, it is ...
CBOT soybeans to test support at $8.60-1/4 SINGAPORE: CBOT soybeans November contract is expected to test a support at $8.60-1/4 per bushel, a break below which will lead to a loss to the next support at $8.49-1/2.These supports are identified respectively as the 114.6 percent and the 123.6 percent Fibonacci projection levels of a downward wave C or wave 3 from the Aug. 10 high of $9.96-1/2.Both of these waves are capable of travelling to $8.32-1/4, the 138.2 percent level, or $8.04-1/4, ...
Palm slides for sixth session on external market weakness JAKARTA: Malaysian palm oil futures declined for a sixth session on Wednesday, as weakness in external markets sapped appetite for the edible oil while a weak ringgit offered little support.The benchmark palm oil contract for November on the Bursa Malaysia Derivatives exchange closed 2.05 percent lower at 1,867 ringgit ($439.81) a tonne.Traded volume stood at 50,582 lots of 25 tonnes each, well above the roughly 35,000 lots usually traded daily."Edible oil prices are weak," said ...
Bangladesh rejects 52,000 tonnes of French wheat DHAKA: Bangladesh has rejected a 52,000-tonne cargo of French wheat as the grain failed to match tender specifications, a senior official with the state grains buyer said on Wednesday. The wheat, with 10 percent protein content, was sold at $243.69 a tonne, including CIF liner out, meaning the price includes shipping, insurance and discharge costs. "The cargo, carrying 52,000 tonnes of French wheat, has been rejected after the lab test confirmed the quality did not ...
Asian grain importers make rare forward buys on low prices SIEM REAP: Asian grain importers are locking in forward purchases as they take advantage of a sharp drop in grain prices, with some buyers booking shipments right up to the middle of next year in an unusual move, traders said on Wednesday.Thailand has recently bought 300,000 tonnes of feed wheat from the Black Sea region for shipment between January and April at around $208-$210 a tonne, including cost and freight, they added. Buyers in Indonesia ...


ArrowDJIA 16,654.77 2.27
ArrowNasdaq 4,812.71 2.45
ArrowS&P 1,987.66 2.43
ArrowFTSE 6,192.03 3.56
ArrowDAX 10,315.62 3.18
ArrowCAC-40 4,658.18 3.49
ArrowNikkei 18,574.44 1.08
ArrowH.Seng 21,838.54 3.60
ArrowSensex 26,231.19 2.01

New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk

Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln