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Soybeans hit contract low ahead of US report, corn falls HAMBURG/SINGAPORE: Chicago new-crop soybeans hit a new contract low on Wednesday and corn touched its previous contract low as near-perfect weather in the US Midwest raised expectations the US government will further increase harvest estimates.Wheat also fell with the most-active December contract trading near last session's contract low, weighed down by plentiful global supplies.Chicago Board of Trade November soybeans were little changed, up a marginal 0.03 percent at $9.93 bushel at 1005 GMT after hitting a contract low of $9.90 per bushel earlier on Wednesday. Soybeans have lost around 3 percent so far this week and previously set a contract low below $10 a bushel on Tuesday.Chicago December corn fell 0.2 percent to $3.43-1/2 a bushel, having closed down 1.1 percent in the previous session when it hit a contract low of $3.43 a bushel, a level also touched in Wednesday trade.December wheat lost 0.4 percent to $5.25 a bushel, ...

Copper steadies as dollar's rally eases LONDON: Copper prices steadied on Wednesday near a one-month low, after hefty falls in the previous session, as the dollar's surge against a basket of currencies stabilised, while nickel slipped as supply worries eased.Three-month copper on the London Metal Exchange (LME) was at $6,841 a tonne at 1019 GMT, almost flat from the previous close, after falling more than 2 percent to a near one-month low of $6,821.75 a tonne on Tuesday, due to pressure ...
Gold eases towards 3-month low as dollar holds near highs LONDON: Gold eased towards the previous day's three-month low on Wednesday as the dollar index held near its highest level in more than a year, underpinned by expectations that the Federal Reserve may be set to signal a rise in interest rates.The dollar has been trending higher since early July, supported by talk of a possible Fed rate rise. That would likely hurt gold, due both to the impact on the dollar, in which it ...
Gold holds near 3-month low as dollar strength hurts LONDON: Gold hovered near its lowest in three months on Tuesday as the dollar traded at a 14-month high following a Federal Reserve study that caused investors to reassess prospects for higher U.S. interest rates.Spot gold was unchanged at $1,255.90 an ounce at 1359 GMT. The metal closed down 1 percent on Monday after hitting its lowest since June 10 at $1,251.24.U.S. gold futures were up $2.30 an ounce at $1,256.60."There is a really negative ...
Nickel drops as Philippine supply no longer a concern LONDON: Nickel shed 2 percent on Tuesday after worries faded about a squeeze on supply from the Philippines and other metals were knocked by a robust dollar that hit a 14-month high.Three month nickel on the London Metal Exchange slipped 1.8 percent to $19,580 a tonne by 0951 GMT, having hit its highest since July 3 at $19,940 on Monday.Monday's peak was touched after a Philippine Congressional committee approved a bill seeking a halt to ...
Gold hovers near 3-month low as dollar strength hurts LONDON: Gold hovered near its lowest in three months on Tuesday as the dollar traded at a 14-month high following a Federal Reserve study that caused investors to reassess prospects for higher U.S. interest rates.Spot gold was up 0.1 percent at $1,256.63 an ounce by 1021 GMT. The metal closed down 1 percent on Monday, after hitting its lowest since June 10 at $1,251.24.U.S. gold futures rose $3.20 an ounce to $1,257.50."There are all the ...
Arabica falls, market volatility driven by Brazil uncertainty LONDON: Arabica coffee futures on ICE fell on Tuesday, as uncertainty over drought damage in top grower Brazil continued to fuel volatility in the market.Cocoa prices extended losses, while raw sugar futures were firm.December arabica coffee was down 2.6 cents or 1.3 percent at $1.9185 per lb by 1204 GMT, with prices having gained over 70 percent since the start of the year on the dry weather in Brazil.Prices have been particularly choppy in recent ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 15, 2014
Reserves $13.414 bln