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Gold falls as stock markets firm and physical demand wanes LONDON: Gold fell on Thursday as stronger-than-expected economic data and upbeat corporate results lifted stocks in Europe and the United States, while the dollar index held near a one-week high and demand for physical metal eased. Outflows from gold-backed exchange-traded funds suggested investment appetite for bullion was softening, analysts said. The arrival of the Diwali festival in India was expected to mark the end of a period of upbeat demand there. Spot gold was down 0.5 percent at $1,234.30 an ounce at 1352 GMT, while US gold futures for December delivery were down $11.00 an ounce at $1,234.50. Holdings of the world's largest gold-backed exchange-traded fund, New York's SPDR Gold Trust, fell 0.3 percent on Wednesday to 749.87 tonnes, the lowest since late 2008. Outflows from the fund this week have now topped 11 tonnes, the most of any week since mid-September."We're still having outflows from physically backed gold funds; ...

Copper gains on Chinese manufacturing data LONDON: Copper rose on Thursday on data showing a slight pickup in the growth in top consumer China's manufacturing sector. Three-month copper on the London Metal Exchange (LME) was at $6,684 a tonne at 1000 GMT, up 0.8 percent from the previous day's close when it fell 0.6 percent. China's factory sector grew a shade faster in October as firms saw more foreign and domestic orders, a private survey showed on Thursday, though the modest ...
London copper climbs after China factory data SYDNEY: London copper rose on Thursday after a slight pickup in growth in China's vast manufacturing sector, but simmering uncertainties over the global economy kept a lid on prices.China's factory sector grew a shade faster in October as firms saw more foreign and domestic orders, a private survey showed on Thursday, though the modest expansion likely won't dispel concerns about the cooling Chinese economy."It would be a false hope for people to be expecting China ...
Gold hits one-month high on flat dollar, slowing China growth LONDON: Gold rose to a one-month high on Tuesday as the dollar edged down slightly and on worries over a slowdown in the global economy after China's growth eased in the third quarter to its weakest since the 2008/09 financial crisis.Data showed China's gross domestic product (GDP) grew 7.3 percent between July and September from a year earlier, down from a 7.5 percent in the second quarter, although slightly above the 7.2 percent forecast by ...
Arabica coffee extends decline on Brazil rains, sugar down LONDON: Arabica coffee futures on ICE extended losses on Tuesday as rainfall in top grower Brazil was expected to provide some relief to trees stressed by unseasonably dry conditions.Raw sugar futures eased, under pressure from surplus supply, while cocoa was also lower.December arabicas were down 2.9 cents or 1.5 percent to $1.9650 per lb at 0948 GMT, having fallen around 7 percent since last week's close on improving weather conditions."Rain has now been forecast for ...
Russia's natural resources minister wants shale oil regulation eased MOSCOW: Russia needs to lighten regulation to exploit unconventional oil deposits, including shale, its natural resources minister said, as conventional resources dwindle and Western sanctions limit access to foreign technologies and financing.The world's top oil producer, believed to hold most of the world's shale oil, extracts less than a million tonnes a year from unconventional sources, including heavy, tight and shale. It pumps conventional oil near its capacity of about 10.5 million barrels per day, ...
Oil climbs to $86 as China oil demand rises LONDON: Brent crude oil rose to around $86 a barrel on Tuesday on news of robust Chinese oil demand, although gains were capped by oversupply and concerns over the health of the rest of the global economy.Implied oil demand in the world's largest energy consumer jumped 6.2 percent in September from August to 10.3 million barrels per day, the highest since February.China's factory output also beat expectations, rising 8 percent in September from a year ...

 



 
Index Closing Chg%
Arrow DJIA 16,461.32 0.92
Arrow Nasdaq 4,382.85 0.83
Arrow S&P 1,927.11 0.73
Arrow FTSE 6,399.73 0.43
Arrow DAX 8,940.14 0.60
Arrow CAC-40 4,105.09 0.58
Arrow Nikkei 15,195.77 2.64
Arrow H.Seng 23,403.97 1.37
Arrow Sensex 26,787.23 0.80





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln