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Saudis keep July crude supply steady to one Asia buyer TOKYO: Saudi Arabia, the world's top crude exporter, will supply full contracted volumes of crude oil to at least one Asian term buyer in July, unchanged from June, an industry source familiar with the matter said on Monday. The OPEC kingpin has supplied full contractual volumes to most Asian buyers since late 2009. Copyright Reuters, 2014 ...

Spot gold neutral in $1,243-$1,260 range SINGAPORE: Spot gold looks neutral in a range of $1,243-$1,260 per ounce, and an escape will point to a direction.The range has been formed by the 76.4 percent and the 61.8 percent Fibonacci projection levels of a downward wave (c) that started at the April 14 high of $1,330.90.It is not clear that the rebound triggered by the support at $1,243 has completed and a rise above $1,261 will confirm the extension of this rebound ...
LME copper to retest support at $6,646 SINGAPORE: LME copper is expected to retest support at $6.646 per tonne, as it could have completed a rebound triggered by this level. The support has been established around the 50 percent Fibonacci retracement on the rise from the March 19 low of $6,321 to the May 28 high of $6,970. It has caused a weak rebound which seems to have ended around resistance at $6,722, the 38.2 percent level. A break above $6,722 may ...
LME aluminium may retrace to $1,868 before rising SINGAPORE: LME aluminium faces resistance at $1,880 per tonne and may retrace moderately to $1,868 before rising again. The resistance has been identified as the 61.8 percent Fibonacci projection level of an upward wave c, which started at the June 4 low of $1,815. Given that the earlier resistance at the 38.2 percent level of $1,855 has triggered a correction, while the resistance at the 50 percent level of $1,868 has not, the current resistance ...
Shanghai copper to fall to 47,290 yuan SINGAPORE: Shanghai copper may break support at 47,740 yuan per tonne and fall more to 47,290 yuan, as indicated by a Fibonacci retracement analysis.The analysis is based on the rise from the April 16 low of 45,370 yuan to the May 26 high of 49,210 yuan. It reveals copper has failed to extend its rebound from the June 5 low of 47,810 yuan above a resistance at 48,300 yuan, the 23.6 percent level.The failure has ...
Palm oil to edge up to 2,446 ringgit SINGAPORE: Palm oil may edge up to 2,446 ringgit per tonne, as it has not completed a rebound from the June 3 low of 2,375 ringgit. The rebound has been triggered by a support at 2,395 ringgit, the 176.4 percent Fibonacci projection level of a downward wave 3 that developed from the May 15 high of 2,630 ringgit. Classified as a wave 4, the rebound will look different from the preceding wave 2 which is ...
Corn falls on hopes of record US crop, wheat up for 2nd day SINGAPORE: Chicago corn slipped on Monday to give up some of the previous session's gains, falling for seven days out of eight, as near-perfect crop weather in the US Midwest buoyed expectations of record production. Wheat rose for a second consecutive session as the market recovered from last week's three-month low on concerns about adverse weather in Russia's Volga Valley and the southern US Plains. Chicago Board of Trade front-month corn slid 0.7 percent to ...


Index Closing Chg%
Arrow DJIA 17,798.49 0.08
Arrow Nasdaq 5,127.52 0.22
Arrow S&P 2,090.11 0.06
Arrow FTSE 6,375.15 0.28
Arrow DAX 11,293.76 0.24
Arrow CAC-40 4,930.14 0.32
Arrow Nikkei 19,883.94 0.30
Arrow H.Seng 22,068.32 1.87
Arrow Sensex 26,128.20 0.65

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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
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WeeklyNovember 23, 2015
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