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Gold rises after downbeat March, awaits US jobs data LONDON: Gold rose more than one percent on Wednesday as the dollar retreated after a downbeat U.S. jobs report raised expectations the Federal Reserve could be more cautious in tightening monetary policy.The dollar fell 0.1 percent against a basket of currencies, after weaker-than-expected ADP private jobs data raised concerns that Friday's impending jobs report could also point to worsening conditions in the labour market."There is so much discord in the U.S. data that is difficult to find what exactly the next report is going to be. It's the uncertainty that pushes people towards safe-haven assets such as gold," ING Bank senior strategist Hamza Khan said.Spot gold rose 1.5 percent to a session high of $1,200.40 an ounce, and was trading up 1.3 percent at $1,199.67 at 1415 GMT. U.S. gold futures for June delivery were up $17 an ounce at $1,200.20.A strong reading from the U.S. jobs data on Friday ...

Sugar recovers from oversold positions, cocoa steady LONDON: Raw sugar on ICE recovered on Wednesday from oversold positions while cocoa steadied, with light volumes in two new euro-based contracts.Arabica coffee futures edged higher in light technically driven dealings.Raw sugar futures firmed, holding above 12 cents a lb after dropping on Tuesday to 11.91 cents -- the lowest in more than six years -- on weak Brazilian currency and plentiful supplies."We're seeing a reaction to oversold conditions," one London-based broker said. "The market ...
Gold edges lower after downbeat March, awaits US jobs data LONDON: Gold eased on Wednesday after ending March down more than 2 percent, as the dollar edged higher and as expectations that U.S. interest rates will rise this year weighed on the metal.The dollar rose 0.2 percent against a basket of currencies, though moves were muted in the run-in to the Easter weekend and Friday's U.S. nonfarm payrolls numbers.Spot gold was down 0.1 percent at $1,181.70 an ounce at 1043 GMT, while U.S. gold futures ...
Nickel bounces off near six-year low, China data edges up LONDON: Nickel bounced off its lowest price in nearly six years on Wednesday after a modest improvement in Chinese economic data and as some investors betting on price falls locked in profits.Nickel has spiralled lower on worries about lacklustre consumption from the stainless steel sector, the dominant source of global demand, as well as a record high inventories on the London Metal Exchange (LME).Three month nickel on the LME rebounded 1 percent to $12,515 a ...
Gold steadies after downbeat March, awaits US jobs data LONDON: Gold steadied on Wednesday in line with the dollar after ending March down more than 2 percent, paring early gains as expectations that U.S. interest rates will rise this year weighed on the metal.The dollar was little changed against a basket of currencies in the run-in to the Easter weekend and Friday's U.S. nonfarm payrolls numbers.Spot gold was at $1,183.88 an ounce at 1238 GMT, little changed from Tuesday, while U.S. gold futures for ...
EU wheat falls in tandem with Chicago after USDA report PARIS: European wheat futures tracked US grain markets lower on Tuesday after they were hit by the release of a US government report perceived as bearish for corn.US farmers were seen cutting corn plantings by less than expected in 2015 even as supplies ballooned to the highest since 1987, US government data showed on Tuesday.The USDA also pegged corn stocks as of March 1 at 7.745 billion bushels, the second highest ever for that time ...
Sugar recovers from lowest since 2009, cocoa steady LONDON: Raw sugar on ICE recovered on Tuesday from the lowest level in more than six years, while cocoa traded around seven-week lows, weighed by favourable weather before the start of West African mid crops.Activity in the second day of trading of two new euro-based cocoa contracts was again quiet.Arabica coffee futures corrected higher after a four percent fall on chart-based pressure in the prior session.Raw sugar futures on ICE fell to 11.91 cents a ...

 



 
Index Closing Chg%
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJanuary
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 20, 2015
Reserves $16.132 bln