All
 

 

Just in:  

You are here: Home»Markets»Commodities»Asia

Asia

Archive

CBOT corn to drop to $4.50 SINGAPORE: CBOT December corn is expected to drop to $4.50 per bushel, as indicated by a falling wedge.Two trendlines of the pattern have defined a volatility range which is narrowing. After failing to reach the upper trendline, corn seems to be falling towards the lower trendline which is about $4.50.The falling wedge may not necessarily be an ending pattern, it could turn out to be a continuation pattern, followed by another downtrend similar to the one that developed from the Aug. 26 high of $5.08-1/4 to the Sept. 5 low of $4.57.Resistance is at $4.63-1/4, a break above which will indicate the extension of the rebound from the Sept. 18 low of $4.52 towards $4.73-1/2.No information in this analysis should be considered as being business, financial or legal advice. Each reader should consult his or her own professional or other advisers for business, financial or legal advice regarding the products ...

Japan's August rolled copper output up 0.8pc yr/yr TOKYO: Japan's output of rolled copper product rose 0.8 percent from a year earlier to 66,504 tonnes in August on a seasonally adjusted basis, preliminary data showed on Friday.The figure represents a 3.7 percent decrease from July, the Japan Copper and Brass Association said.Copyright Reuters, 2013 ...
Palm eases again as strong ringgit weighs, but exports support KUALA LUMPUR: Malaysian palm oil futures fell for the third straight session on Friday as a stronger local currency curbed appetite from overseas buyers, but strong export numbers limited losses.Despite easing slightly, the ringgit was still near 3-month highs hit as it surged nearly 3 percent after the US Federal Reserve's surprise decision not to taper its economic stimulus just yet.But healthy exports in September reined in losses and kept prices in a tight range ...
CBOT wheat to revisit low of $6.51-1/2 SINGAPORE: CBOT December wheat is expected to revisit an hourly chart low of $6.51-1/2 per bushel, to complete its correction that started at the Thursday high of $6.62-1/2.The correction will consist of three waves labeled a, b, c. The wave a has ended at $6.51-1/2 and the current wave b may finish below $6.62-1/2, followed by the downward wave c towards $6.51-1/2.A rise above $6.62-1/2 will signal the completion of the correction, and a bullish ...
Soybeans, corn rise more after Fed sticks to stimulus SINGAPORE/PARIS: Chicago soybean and corn futures rose for a second consecutive session on Thursday after the US Federal Reserve surprised investors and analysts by maintaining its stimulus programme, boosting the appetite for risk.Corn futures were also supported by concerns over wet weather delaying harvest in some parts of the US grain belt.Asian shares and currencies rallied broadly after the Federal Reserve stunned markets and decided not to taper its asset-buying programme."There was little fresh news ...
Indian sugar edges higher from 15-month low MUMBAI: Indian sugar futures edged higher on Thursday from their lowest level in 15 months hit earlier in the session, on bargain buying at support levels, though prospects of higher production continued to weigh on prices.India's sugar output is expected to be 25 million tonnes in the season starting October, up from a previous forecast of 23.7 million tonnes, as heavy monsoon rains have helped boost yields of the unharvested cane crop, a leading industry ...
Palm oil falls as US Fed move boosts ringgit KUALA LUMPUR: Malaysian palm oil futures fell on Thursday after the ringgit jumped to a three-month high following the US Federal Reserve's surprise decision to postpone any reduction in its bond-buying programme, eating into profits for overseas buyers.The ringgit rose nearly 3 percent on Thursday after the Fed stunned markets and decided not to taper its monthly purchases of $85 billion in US bonds just yet.Although the Fed's move bolstered the value of commodities priced ...

 



 
Index Closing Chg%
Arrow DJIA 17,356.87 1.69
Arrow Nasdaq 4,644.31 2.12
Arrow S&P 2,012.89 2.04
Arrow FTSE 6,336.48 0.07
Arrow DAX 9,544.43 0.20
Arrow CAC-40 4,111.91 0.46
Arrow Nikkei 16,819.73 0.38
Arrow H.Seng 22,585.84 0.37
Arrow Sensex 26,710.13 0.27






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 15, 2014
Reserves $13.922 bln