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Copper falls on weak China property sector LONDON: Copper prices fell on Tuesday, as disappointing property sector data from China raised concerns about the outlook for demand from the world's top metals consumer.Three-month copper on the London Metal Exchange (LME), untraded in official rings, was bid at $6,615 a tonne, down 1.3 percent. It hit a two-week high in intraday trade on Monday of $6,734 a tonne.China's home prices fell for the second consecutive month in October from a year earlier, official data showed, pointing to a persistent property downturn.The property sector is a major consumer of copper, used in power cables and construction.Copper prices have stayed between $6,500 and $6,800 a tonne since mid-September."The outlook for metals prices is mainly dependent on economic data from China. Here we clearly see dark clouds on the horizon so we do not expect metal prices to rise significantly over the next couple of weeks," said Daniel Briesemann, an analyst ...

NY sugar, arabicas ease, eyes on Brazil rains LONDON: New York sugar dipped on Tuesday, with attention centred on the final stages of the cane crush in Brazil, while arabica coffee eased, as rains in Brazil will aid development of the 2015/16 crop.ICE cocoa futures steadied, with upside capped by plentiful new crop supplies from top grower Ivory Coast. Cocoa prices were underpinned by a weaker dollar against a basket of currencies.In sugar, traders focused on a delay to the end of the ...
Copper slips on weak China property sector LONDON: Copper prices dipped on Tuesday, as disappointing property sector data from China raised concerns about the outlook for demand from the world's top metals consumer.Three-month copper on the London Metal Exchange (LME) was down 0.3 percent to $6,684.50 a tonne at 1032 GMT, slipping from a two-week high of $6,734 touched in the previous session.China's home prices fell for the second consecutive month in October from a year earlier, official data showed on Tuesday, ...
Gold gains 1.5pc to 2-1/2 week highs as dollar softens LONDON: Gold jumped 1.5 percent to a 2-1/2 week high above $1,200 an ounce on Tuesday as the dollar softened against the euro, due partly to better-than-expected German economic data.Spot gold was up 1.4 percent at $1,202.40 an ounce by 1110 GMT after earlier reaching its highest since Oct. 30 at $1,204.70. U.S. gold futures also jumped to a near three-week high of $1,204.10.The metal has rebounded 6.4 percent from a 4-1/2-year low of $1,131.85 ...
NY sugar dips; arabicas ease, eyes on Brazil rains LONDON: New York raw sugar futures dipped on Monday, pressured by expectations for a late finish to the centre-south Brazil crop, while arabica coffee eased, with a focus on rains in Brazil.ICE cocoa futures steadied, with upside capped by plentiful new crop supplies from top grower Ivory Coast and a stronger dollar against a basket of currencies.In sugar, traders focused on a small delivery, as expected, against last Friday's expiry of the London December white ...
Wheat near 3-month top on freeze threat to US crops PARIS/SINGAPORE: US wheat consolidated close to a three-month high on Monday as the market awaited indications as to whether a cold snap in the United States has damaged young wheat plants.Soybeans edged lower, adding to sharp losses on Friday as supply worries eased following signs that farmers are releasing more of what is expected to be a record-large U.S. crop. Corn was also down slightly.Chicago Board of Trade spot wheat climbed 8.9 percent last week, ...
NY sugar dips; arabicas steady, eyes on Brazil rains LONDON: New York raw sugar futures dipped on Monday, pressured by expectations for a late finish to the centre-south Brazil crop, while arabica coffee was little changed, with a focus on rains in Brazil.ICE cocoa futures steadied, with upside capped by plentiful new crop supplies from top grower Ivory Coast and a stronger dollar against a basket of currencies.In sugar, traders also focused on last Friday's expiry of the London December white sugar futures contract ...

 



 
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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