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Copper slips, policy easing hopes stem fall SINGAPORE: London copper slipped on Tuesday and was facing its biggest monthly loss since October as worries over tepid global growth pushed investors away from commodities, although hopes for more easing from central banks cushioned losses.Three-month copper on the London Metal Exchange had eased 0.19 percent to $7,140 a tonne by 0702 GMT, eroding gains of almost 2 percent the session before.London copper is likely to shed about 5 percent in April, on course for its biggest monthly loss in six months.The Shanghai Futures Exchange is closed until Thursday due to public holidays, draining liquidity and direction from the market.Traders are also reluctant to take positions ahead of closely-watched economic data this week, as well as policy decisions by the world's top two central banks."We still believe that copper prices will move higher into the middle of the year because of improving demand in China," said analyst Bonnie Liu at ...

US corn jumps over 2pc to 1-week high on weather forecast SINGAPORE: Chicago corn futures rose more than 2 percent to one-week highs on Monday on forecasts for further unfavorable weather across US Plains, which would further delay plantings.Wheat rose, drawing support from corn, while soybeans also edged higher for the third session, touching a 10-day peak.Chicago Board of Trade July corn futures, the most actively traded contract, had gained 1.61 percent to $6.29-3/4 a bushel by 0051 GMT, having hit a session peak of $6.32-1/2 ...
Iron ore seen under pressure, China steel output curbs loom SINGAPORE: Spot iron ore prices are likely to slip further this week as softer steel demand may prod Chinese steel mills to curb output, although a shorter trading period in Beijing will limit market activity.China's steel industry body on Saturday warned that an anticipated rise in demand would not be enough to justify sharp increases in production by the country's steel mills -- world's biggest iron ore buyers -- in coming months."Downstream demand will gradually ...
Indian gold steady near 2-week high, discourages importers MUMBAI: Gold futures in India, the world's biggest buyer of the metal, edged higher on Monday, still near the highest level in two weeks, discouraging importers seeking to stock up for upcoming weddings and festivals.At 0900 GMT, the most-active gold for June delivery on the Multi Commodity Exchange (MCX) was 0.13 percent higher at 27,225 rupees per 10 grams, after hitting a high of 27,447 rupees on Friday, a level last seen on April 15.A ...
India soybeans drop on weak demand; soyoil hits contract high MUMBAI: Indian soybean futures fell sharply on Monday due to weak exports demand for soymeal, while soyoil hit a contract high on an improvement in demand due to the wedding season.Rapeseed futures were treading water as higher supplies outweighed gains in edible oil prices.At 0918 GMT, the benchmark Malaysian palm oil contract was down 1.51 percent at 2,281 ringgit per tonne, while US soybeans rose 0.07 percent to $14.31-3/4 per bushel."Demand for soymeal exports is ...
Indian sugar rises on bargain buying MUMBAI: Indian sugar edged up on Monday, helped by lower level buying, from the contract low hit last week though higher supplies kept the upside limited.The key June contract on the National Commodity and Derivatives Exchange was up 0.34 percent at 2,966 rupees per 100 kg at 0923 GMT, after hitting a contract low of 2,949 rupees last week.Spot sugar rose 3.65 rupees to 3,024.55 rupees per 100 kg in the Kolhapur market in the ...
London copper nudges up as policy easing hopes lend support SINGAPORE: London copper climbed on Monday, extending last week's short-covering rally that drove its biggest weekly gain since early February, as hopes for more central bank monetary easing eclipsed worries over slower-than-expected global growth.Three-month copper on the London Metal Exchange rose 0.55 percent to $7,068.75 a tonne by 0715 GMT, partially reversing losses from the previous session when it closed down 2 percent.Copper prices hit their highest since April 17 of $7,258 a tonne early ...

 



 
Index Closing Chg%
Arrow DJIA 17,098.45 0.11
Arrow Nasdaq 4,580.27 0.50
Arrow S&P 2,003.37 0.33
Arrow FTSE 6,819.75 0.20
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Arrow CAC-40 4,381.04 0.34
Arrow Nikkei 15,424.59 0.23
Arrow H.Seng 24,742.06 0.01
Arrow Sensex 26,638.11 0.29





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln