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Gold eases after four-day rally, firm dollar hurts SINGAPORE: Gold slipped on Wednesday as investors took profits after a sharp four-day rally pushed prices up to a one-month top in the previous session, while a firm dollar also hurt sentiment.Bullion added nearly 6 percent in the past four sessions -- biggest such rise since October 2011 -- as receding worries of an imminent cut to the US Federal Reserve's stimulus burnished the precious metal's appeal as a hedge against inflation.The Fed has said it will only start phasing out its stimulus once it is sure the economy is strong enough to stand on its own.Spot gold dropped 0.6 percent to $1,339.54 an ounce by 0405 GMT, after rising to a one-month peak on Tuesday as speculators bought back bearish bets ahead of an option expiry later this week."The selling interest is prompted by profit taking," said Peter Fung, head of dealing at Hong Kong's Wing Fung Precious Metals. ...

Palm oil edges lower, low output hopes cap losses KUALA LUMPUR: Malaysian palm oil futures edged 0.6 percent lower in tight trade on Tuesday over demand concerns, although losses were capped by expectations of disappointing output in July that would prevent a sudden rise in stocks.Palm oil inventories in Malaysia eased to a two-year low of 1.65 million tonnes in June as demand during the Muslim holy month of Ramadan propped up exports and helped offset a rise in output.Demand has since tapered off ...
Corn falls for 2nd day on cooler US weather AMSTERDAM/SINGAPORE: US corn futures lost more ground on Tuesday, falling more than 1 percent as forecasts for ideal crop weather buoyed hopes of record production as the crop enters its key development phase.Soybeans eased slightly after two consecutive sessions of gains, while wheat edged lower, weighed down by the rapidly advancing harvest of the winter crop in the United States.Chicago Board of Trade new-crop December corn fell 1.41 percent to $4.91 a bushel by 1100 ...
CBOT corn to test support at $5.31-3/4 SINGAPORE: CBOT September corn is expected to retest a support at $5.31-3/4 per bushel, as indicated by its wave pattern and a Fibonacci projection analysis.Corn is riding on a downward wave C, which started at the July 16 high of $5.49-3/4. This wave may eventually reach$5.20-3/4, its 100 percent Fibonacci projection level, as it may travel the same distance as the preceding wave A.The corrective mode on the rise from the July 18 low of ...
Tokyo stocks close 0.82pc higher TOKYO: Tokyo shares ended up 0.82 percent on Tuesday as Japan upgraded its view of the national economy while a weak dollar capped market gains.The benchmark Nikkei 225 index closed 120.47 points higher to 14,778.51, reversing a 0.70 percent decline at the open, while the Topix index of all first-section shares was 0.51 percent, or 6.19 points, higher at 1,222.72 in low-volume trading.Copyright AFP (Agence France-Presse), 2013 ...
Vietnam Coffee Premiums fall as London futures gain HANOI: Premiums of Vietnamese coffee to London futures prices narrowed on Tuesday and farmers who had tightened supply were more willing to sell beans as global robusta prices strengthened, traders said.Premiums for robusta grade 2, 5 percent black and broken fell to $70 to $80 a tonne to the Liffe September contract, having risen to a near two-year high at $110 to $130 a week ago.More sales from Vietnam, the world's top robusta producer, would ...
LME aluminium to rise to $1,875 SINGAPORE: LME aluminium is expected to rise to $1,875 per tonne, driven by a wave c.This is the third wave of a bigger wave (c) that started at the July 5 low of $1,768.50. A Fibonacci projection analysis points a target at $1,875, the 100 percent projection level of the wave c.A retracement has been triggered by resistance at $1,856, the 76.4 percent projection level. The current strong bullish momentum indicates the retracement may be ...


Index Closing Chg%
Arrow DJIA 17,195.42 1.30
Arrow Nasdaq 4,566.14 0.37
Arrow S&P 1,994.65 0.62
Arrow FTSE 6,463.55 0.15
Arrow DAX 9,114.84 0.35
Arrow CAC-40 4,141.24 0.74
Arrow Nikkei 15,658.00 1.67
Arrow H.Seng 23,702.04 1.49
Arrow Sensex 27,346.33 0.92

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln