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NY coffee may test resistance at $1.8075 SINGAPORE: New York March coffee may test resistance at $1.8075 per lb, as it could have completed a consolidation within a neutral range of $1.7585 to $1.8560.The consolidation could have adopted a flat mode, consisting of three waves roughly equal in length. These waves have been unfolding in the range formed by the 38.2 percent and the 61.8 percent Fibonacci retracements on the downtrend from the Nov. 19 high of $2.0135 to the Jan. 5 low of $1.6010. The uptrend from $1.6010 will resume towards $2.0135.A drop to $1.7480 will confirm a break a below $1.7585, and the 23.6 percent retracement at $1.6985 will be targeted.Wang Tao is a Reuters market analyst for commodities and energy technicals. The views expressed are his own.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 ...

Vietnam's rice exports drop to 6.38mn T in 2014 HANOI: Vietnam's rice exports last year dropped 3.2 percent from 2013 to 6.38 million tonnes, Vietnam Customs said on Friday, compared with an initial government estimate of 6.41 million tonnes.The grain exports have generated $2.95 billion in 2014, up 1.1 percent from the previous year, the customs department, run by the Finance Ministry, said in its monthly report.Last month, the government estimated Vietnam's rice shipment in the whole of 2014 at 6.41 million tonnes, down ...
Palm falls to 1-week low, posts biggest weekly drop in seven KUALA LUMPUR: Malaysian palm oil futures fell to their lowest in over a week on Friday as volatile crude oil prices and lacklustre export demand dampened buying interest in the tropical oil, dragging the contract to its biggest weekly drop in seven.Palm, the world's most traded vegetable oil, has been propped up by monsoon flooding, which dented output and stockpiles in No.2 grower Malaysia, but traders remain wary as global commodity markets are roiled by ...
Vietnam's Dec coffee exports jump 37pc m/m to 115,400 T HANOI: Vietnam, the world's top robusta producer, exported 115,400 tonnes (1.92 million 60-kg bags) of coffee in December 2014, up 37.3 percent from a month earlier, the Vietnam Customs said on Friday, slightly below market expectations.The December shipment brought Vietnam's coffee export volume in October-December, the first quarter of the 2014/2015 crop year, to 295,200 tonnes, up nearly 7 percent from a year ago, based on government data.Vietnam's coffee crop year lasts between October and ...
China to sell imported wheat, rapeseed oil from state reserves next week BEIJING: China will sell 139,000 tonnes of imported wheat from state reserves to help ease tight domestic supply for high-protein grades, according to an announcement published on Friday.Chinese flour mills were actively bidding for state wheat reserves last week and bought 83.6 percent of 2 million tonnes on offer in order to get import quotas for high-protein wheat, which is in short supply.The imported wheat will be sold on Jan. 21, while 630,600 tonnes of ...
Iran to import 3 million tonnes of wheat next year ANKARA: Iran will import less than three million tonnes of wheat in the next year, a senior agriculture ministry official said on Thursday, down from nine million tonnes it has imported since March 2014.The new Iranian year starts on March 21, 2015."Since March we have imported nine million tonnes of wheat ... We believe Iran will need to import less than three million tonnes next year," Iran's deputy agriculture minister Abbas Keshavars was quoted by ...
Gold holds below 12-week high as Asian shares climb SINGAPORE: Gold fell further below a 12-week high on Thursday as Asian equities rose and the dollar regained its footing, dulling demand for the safe-haven metal.Asian stocks mostly edged up after a rebound in oil and copper prices brought a semblance of calm, while the dollar regained ground lost on disappointing US retail sales.Spot gold eased 0.1 percent to $1,228.27 an ounce by 0757 GMT. The metal on Wednesday jumped to its highest since Oct. ...


Index Closing Chg%
Arrow DJIA 17,164.95 1.45
Arrow Nasdaq 4,635.24 1.03
Arrow S&P 1,994.99 1.30
Arrow FTSE 6,749.40 0.90
Arrow DAX 10,694.32 0.41
Arrow CAC-40 4,604.25 0.59
Arrow Nikkei 17,674.39 0.39
Arrow H.Seng 24,507.05 0.36
Arrow Sensex 29,182.95 1.68

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln