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Arabica coffee prices slip in technically-driven trade LONDON: Arabica coffee futures on ICE dipped on Tuesday with the market driven largely by technical trading while sugar edged higher and cocoa was little changed.March arabica coffee futures on ICE was down 1.65 cents or 0.9 percent at $1.8885 per lb by 1230 GMT, drifting towards support at a recent low of $1.8540 set two weeks ago.Dealers said the market remained choppy, awaiting more clarity on the outlook for Brazil's 2015/16 harvest."I think the market is moving purely on technicals at the moment," one London trader said."The market is reaching the conclusion it is too early to make a decisive comments about Brazil," the trader added, noting accurate forecasts could only be produced after cherries form around late January.January robusta coffee fell $17 or 0.8 percent to $2,082 a tonne.Dealers noted the harvest in top robusta producer Vietnam was in full swing."Harvesting is going quickly thanks to sunny days," ...

Copper slips as demand worries persist despite China easing LONDON: Copper slipped on Tuesday as investors doubted whether additional monetary policy easing in top metals consumer China would translate into a significant improvement in demand.Three-month copper on the London Metal Exchange (LME) traded down 0.31 percent at $6,654 a tonne in official midday rings. It touched a three-week high of $6,772.50 on Friday after China cut benchmark interest rates in a bid to jumpstart the economy.On Tuesday, China's central bank lowered the yield for ...
Gold up around $1,200/oz on lower dollar; Swiss vote eyed LONDON: Gold edged up to around $1,200 an ounce on Tuesday after better-than-expected US economic growth data boosted the dollar only briefly and as the market looked to a Swiss referendum on central bank gold reserves for more trading cues.A right-wing Swiss party called the Nov. 30 vote, aiming to prevent the Swiss National Bank from offloading its gold holdings and obliging it to hold at least 20 percent of its assets in gold, compared ...
Copper steady as China eases but demand worries persist LONDON: Copper was steady on Tuesday as investors weighed additional monetary policy easing in top consumer China against worries that the measures would not necessarily translate into more metals demand. Three-month copper on the London Metal Exchange (LME) dipped 0.15 percent to $6,665 a tonne. It touched a three-week high of $6,772.50 on Friday after China cut benchmark interest rates in a bid to jumpstart the economy. On Tuesday, China's central bank lowered the yield ...
Gold holds around $1,200/oz; US data, Swiss vote eyed LONDON: Gold rose to around $1,200 an ounce on Tuesday as the dollar was steady ahead of US economic data, and the market looked to forthcoming Swiss referendum on central bank gold reserves for more trading cues. A right-wing Swiss party called the Nov. 30 vote, aiming to prevent the Swiss National Bank from offloading its gold holdings and obliging it to hold at least 20 percent of its assets in gold, compared with 8 ...
Germany ships 231,000 T wheat to Iran in September HAMBURG: Germany exported about 231,000 tonnes of wheat to Iran in September 2014, figures from the German statistics agency showed on Monday, confirming market talk of large German sales to Iran. European grain traders had reported that Iran purchased substantial volumes of European wheat in September, including possibly from Germany. Iran has been Germany's largest customer for wheat exports outside the European Union in the current season, which started in July 2014, with shipments of ...
Copper pressured by China growth outlook concerns LONDON: Copper prices slipped on Monday, reversing hefty gains from the previous session which followed China's surprise interest rate cut, as investors focused on the uncertain outlook for metals demand from the world's top consumer. Three-month copper on the London Metal Exchange (LME) was down 0.5 percent at $6,691.25 a tonne, slipping from a three-week high of $6,772.50 a tonne touched on Friday after China cut benchmark interest rates in a bid to jumpstart the ...

 



 
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ArrowDAX 9,861.21 0.77
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Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln