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Corn falls 4th day on supply pressure; soy rebounds SINGAPORE: US new-crop corn fell for a fourth straight session to a contract low on Wednesday and wheat dropped to its lowest in more than a week as prospects of bumper stocks worldwide continued to hammer grain markets.Soybeans edged higher, snapping four sessions of decline on expectations that buyers would emerge after the market plunged to a contract low on Tuesday.Chicago Board Of Trade December corn fell 0.1 percent to $3.68 a bushel by 0038 GMT, just above a contract low of $3.67-1/4 a bushel hit earlier in the session.Front-month wheat fell as much as 0.8 percent to $5.20-1/4 a bushel, its lowest since July 14. November soybeans rose 0.2 percent to $10.60-1/4 a bushel, after sliding 1.3 percent on Tuesday to hit a contract low of $10.57 a bushel."When production goes beyond a point where you can't incrementally export more, that is the time when prices really trade at ...

Gold dips as Asian stocks climb; safe-haven bids keep losses in check SINGAPORE: Gold eased on Tuesday as Asian shares gained strength but the metal continued to stay above $1,300 an ounce as escalating tensions over conflicts in Ukraine and the Gaza strip burnished the metal's safe-haven appeal.Spot gold slipped 0.35 percent to $1,307 an ounce by 0554 GMT. It had gained as much as 0.6 percent in intraday trading on Monday, but failed to hold the gains and closed flat.Asian stocks touched a three-year peak on ...
Palm falls for 2nd day on external pressures; tight supplies anticipated KUALA LUMPUR: Malaysian palm oil futures fell for a second day on Tuesday, following losses in Chinese soy markets and on worries of bumper soy crops, although anticipation of tighter palm supplies curbed losses and kept prices stuck in a tight range.By the midday break, the benchmark October contract on the Bursa Malaysia Derivatives Exchange had edged down 0.4 percent to 2,287 ringgit ($720) per tonne, with prices locked between 2,282 and 2,293 ringgit.While bearish ...
Tokyo futures recover to end little changed TOKYO: Benchmark Tokyo rubber futures ended little changed on Tuesday, erasing earlier losses helped by a weaker yen and the strength in Shanghai futures, dealers said.The benchmark rubber contract on the Tokyo Commodity Exchange (TOCOM) for December delivery rose 0.1 yen to settle at 202.3 yen ($1.99) per kg. TOCOM markets were closed on Monday due to a national holiday.The contract touched an intraday low of 199.7 yen, the lowest since last Thursday."It started lower ...
NY cocoa may test resistance at $3,142 SINGAPORE: New York September cocoa may test a resistance at $3,142 per tonne, a break above which will lead to a further gain to $3,174.The resistance has been formed around the 38.2 percent Fibonacci projection level of a presumed wave c starting at the June 25 low of $3,040. The big gain on July 21 signals a resumption of the wave c. A rise above the July 3 high of $3,149 will confirm the break ...
China iron ore, steel extend losses to hit 1-month lows SINGAPORE: Steel and iron ore futures in China fell to one-month lows on Monday, stretching steep losses from the prior session, weighed down by slow demand that has kept steel traders from replenishing inventories and iron ore stocks at ports high.Stocks of five major steel products held by Chinese traders fell to 13.13 million tonnes on Friday, according to industry consultancy Mysteel. That is the lowest inventory level since December 2012, said Helen Lau, analyst ...
Palm falls as weak soy, strong ringgit drag; exports support KUALA LUMPUR: Malaysian palm oil futures edged down on Monday, adding to losses after three straight weeks of declines, as weakness in comparative soyoil markets and a firm ringgit weighed, although an uptick in export data curbed the fall.Cargo surveyor Intertek Testing Services reported that exports of Malaysian palm oil products during July 1-20 rose 7.8 percent to 868,843 tonnes from a month ago, due to bigger shipments to Europe and China. Exports to China ...


Index Closing Chg%
Arrow DJIA 16,982.59 0.13
Arrow Nasdaq 4,444.91 0.10
Arrow S&P 1,978.91 0.03
Arrow FTSE 6,788.07 0.05
Arrow DAX 9,598.17 0.48
Arrow CAC-40 4,344.77 0.33
Arrow Nikkei 15,529.40 0.46
Arrow H.Seng 24,428.63 0.88
Arrow Sensex 25,991.23 0.52

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln