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Corn down for 2nd day as drier weather boosts planting PARIS/SINGAPORE: Chicago corn futures fell for a second session on Tuesday after a government report showed US farmers made progress in planting as weather turned drier in the US Midwest. Wheat edged lower on favourable conditions in the United States, plus an improved harvest outlook in Russia. Soybeans eased after a five-session rally linked to positive demand sentiment. A firm dollar curbed US grain and oilseed prices as it underscored stiff export competition from ample supplies elsewhere in the world. Chicago Board of Trade May corn had dropped 1.0 percent to $3.74-1/4 a bushel by 1243 GMT.May wheat fell 0.2 percent to $4.98 a bushel. Soybeans eased 0.2 percent to $9.75-3/4. "Weather forecasters continue to forecast improving conditions for fieldwork a week out," Tobin Gorey, director of agricultural research at Commonwealth Bank of Australia said in a note to clients. In its weekly crop progress report, the US Department of ...

Gold steadies below $1,200/oz as dollar, stocks rise LONDON: Gold steadied below $1,200 an ounce on Tuesday after its biggest one-day loss in a week, under pressure from a rising dollar and a rally in global equities, which diverted some interest from the metal. European stocks rose 0.6 percent and Wall Street opened higher as upbeat corporate earnings lifted global equities, offsetting a mixed German business confidence survey and rising worries about a possible Greek default. Spot gold was $1,195.20 an ounce at ...
Aluminium premiums in Europe slide by half since peak LONDON: Surcharges for physical aluminium in Europe have spiralled down by nearly half, good news for industrial consumers such as beer can makers which had bitterly complained about warehouse backlogs of up to two years for delivery of the metal. The unraveling of financing deals at warehouses, together with heavy Chinese exports, has unleashed a glut of aluminium, while demand remains poor. Premiums paid over the LME cash price were mostly quoted in a range ...
Cocoa, sugar, coffee slide on firmer dollar LONDON: Cocoa, sugar and coffee prices slid in sympathy with other commodity markets on Monday, pressured by a stronger dollar, with the cocoa trade digesting a weak North American grind and sugar pressured by plentiful supplies. The softs complex followed oil prices down. Crude fell towards $62 a barrel on the strong dollar and as Saudi Arabian Oil Minister Ali al-Naimi said production would stay around 10 million barrels per day in April.New York cocoa ...
Gold below $1,200 on steadier dollar; eyes on Greece, China LONDON: Gold fell below $1,200 an ounce on Monday as the dollar steadied, while traders assessed risks that Greece may default and China's new policy measures to shore up the world's second-largest economy. Spot gold was down 0.6 percent at $1,196.63 an ounce by 1413 GMT, while US gold futures for June delivery fell $6.50 to $1,196.60 an ounce. The dollar was up 0.3 percent versus a basket of leading currencies on Monday, having suffered ...
Copper retreats after push to three-week peak LONDON: Copper jumped to a three-week high on Monday after China eased monetary policy to stimulate a slowing economy, only for prices to reverse as hopes of stronger demand receded. Three-month copper on the London Metal Exchange hit $6,173 a tonne, the highest since March 26, before falling to $6,000 a tonne at 1441 GMT, down 1 percent on the previous close. China's easing, though more aggressive than expected, had been expected and so was ...
Russian wheat lowest in Iraq's 50,000 tonnes hard wheat tender HAMBURG: Russian wheat was offered lowest at $242.60 a tonne c&f free out (ciffo) in the tender from Iraq's state grains board to buy at least 50,000 tonnes of hard wheat, European traders said on Monday.The tender closed on Monday and offers must remain valid up to Thursday, April 24, traders said. No purchase had yet been made, they said.Copyright Reuters, 2015 ...

 



 
Index Closing Chg%
Arrow DJIA 17,949.59 0.98
Arrow Nasdaq 5,014.10 0.39
Arrow S&P 2,097.29 0.15
Arrow FTSE 7,062.64 0.15
Arrow DAX 11,939.58 0.40
Arrow CAC-40 5,192.64 0.10
Arrow Nikkei 19,909.09 1.40
Arrow H.Seng 27,850.49 2.79
Arrow Sensex 27,676.04 0.75





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 16, 2015
Reserves $16.818 bln