All
 

 

Just in:  

You are here: Home»Markets»Commodities»Europe

Europe

Archive

Copper gains as China inventories fall, dollar weighs LONDON: Copper rose for a second day on Friday, supported by tentative signs of better metals demand in top consumer China, but gains were capped by a stronger dollar and persistent worries about Chinese economic growth.Data on Friday showed that copper in warehouses registered by the Shanghai Futures Exchange fell by 4,713 tonnes or 2.4 percent over the past week, bringing the total decline since the start of April to nearly a quarter.There have also been other signs of demand by Chinese industry recently."We have anecdotal evidence that stocks at bonded warehouses in China are declining and spot premiums in China are up, so those are also positive trends," said analyst Andrey Kryuchenkov at VTB Capital in London. "LME copper will trade on expectations on what is going to happen in China."Three-month copper on the London Metal Exchange climbed 0.66 percent to $7,328 a tonne at 0410 GMT, after opening ...

Copper rebounds as dollar drops, weak demand caps gains LONDON: Copper rose on Thursday, rebounding from earlier falls, as the dollar weakened against the euro and a basket of currencies, but further gains for the metal were capped by concern about lacklustre demand from top consumer China.Three-month copper on the London Metal Exchange closed at $7,280 a tonne, up from $7,198 on Wednesday.It is on track for a 2 percent fall this week and a fall of 9 percent so far this year.Further weakness ...
EU wheat slips on US fall, hesitates on weather PARIS: European wheat futures extended losses in late Thursday trading after a fall in Chicago, but operators remained hesitant about prospects for this summer's northern hemisphere harvests.November milling wheat on the Paris futures market closed down 1.50 euros or 0.71 percent at 208.75 euros a tonne.The November contract on London's feed wheat futures fell below 180 pounds per tonne for the first time since May 2."The market is treading water," a French cash broker said. ...
Gold falls for sixth session, may re-test April lows LONDON: Gold dropped for the sixth consecutive session on Thursday, hitting its lowest level in four weeks, on a stronger dollar and battered investor sentiment.Rallying stocks have also hurt bullion's appeal as an alternative investment this year, leading funds to generally liquidate their gold positions.Gold fell as much as 1.6 percent to a low of $1,369.29 an ounce in earlier trade. It pared some losses but remained down 1.2 percent at $1,375.46 at 1118 GMT.US ...
Market steadies as weather, exports watched PARIS/SINGAPORE: Chicago grain and soybean futures edged higher on Thursday in subdued trading as the market awaited fresh direction from weekly export figures and crop weather forecasts.Prices were steadying after losses in the previous session fuelled by a combination of a strong dollar, improved planting weather for US corn and signs of sluggish demand.Chicago Board of Trade July corn added 0.1 percent to $6.51-1/2 a bushel by 1200 GMT. July wheat rose 0.5 percent to ...
Copper falls on firm dollar, weak demand prospects LONDON: Copper fell on Thursday as the dollar strengthened and on concern about lacklustre demand for the metal in top consumer China that was compounded by evidence the European and United States economies are still struggling.Copper is seen as an economic bellwether because it is used extensively in construction and power cables.Three-month copper on the London Metal Exchange was $7,125 a tonne in official rings from a close of $7,198 on Wednesday. It is on ...
Copper falls as European growth fizzles, funds sell LONDON: Copper slid to its lowest in nearly two weeks on Wednesday after disappointing European economic data fuelled worries about global growth and metals demand, emboldening funds to add to short positions.A stronger dollar also weighed on markets and further gains in inventories reminded investors that most base metals markets are over supplied.Three-month copper on the London Metal Exchange ended at $7,198, down from Tuesday's close of $7,245, having earlier hit its lowest since May ...

 



 
Index Closing Chg%
Arrow DJIA 15,354.40 0.80
Arrow Nasdaq 3,498.97 0.97
Arrow S&P 1,667.47 1.03
Arrow FTSE 6,723.06 0.53
Arrow DAX 8,398.00 0.34
Arrow CAC-40 4,001.27 0.56
Arrow Nikkei 15,138.12 0.67
Arrow H.Seng 23,082.68 0.17
Arrow Sensex 20,286.12 0.19






Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyFBS July-June
Trade Balance $-21.271 bln
Exports $23.641 bln
Imports $44.912 bln
WeeklyMay 13, 2013
Reserves $11.863 bln