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Wheat bounces from 1-month low, soybeans firm HAMBURG/SINGAPORE: Chicago wheat rose on Wednesday, bouncing off a near one-month low hit earlier, due to concern about whether rain forecast for the parched US wheat belt will arrive in sufficient volumes.Corn fell, resuming its recent weakness on plentiful global supplies, and soybeans rose on worry about delays to the harvest in major exporter Argentina.Chicago Board of Trade May wheat was up 0.2 percent at $4.98 a bushel at 1104 GMT after previously falling to $4.95 a bushel, the lowest since March 16.Wheat fell below $5 a bushel on Tuesday, under continued pressure from forecasts of drought-relieving showers in the US grain belt.May corn fell 0.6 percent to $3.71 a bushel. May soybeans rose 0.3 percent to $9.63-3/4 a bushel, adding to Tuesday's 1.1 percent rally.Concerns remained about whether rain in US wheat belts will be sufficient and will actually fall as forecast."The forecast rain in the US plains must ...

Raw sugar eases, cocoa dips before grind data LONDON: Sugar futures edged lower under pressure from a firmer dollar on Wednesday, with dealers focused on a likely modest delivery against expiry of the May white sugar contract.Cocoa dipped before Thursday's European and North American grind data, while coffee was little changed.Raw sugar futures corrected down from the prior session's five-week highs in light trade, with attention centred on the expiry at the end of the session of the London May white sugar futures ...
Copper hits near 4-week low ahead of China growth data LONDON: Copper hit a near four-week low on Tuesday as concern grew over demand in top consumer China a day before the country gives an update on its economic growth. China, which consumes some 45 percent of the world's copper, will report gross domestic product for the first quarter on Wednesday and traders say there are risks the figure may come in weaker than expected after poor trade news this week. The Asian giant's export ...
European vegoils-Palm market stalls on export tax moves PARIS: Palm oil prices on Europe's vegetable oils market were mixed on Tuesday as a hesitant market weighed up moves by top producers Indonesia and Malaysia to alter their export duties. Indonesia said its finance minister would sign a regulation on Tuesday to impose a levy of $50 a tonne on crude palm oil exports. The Indonesian plan, aimed at financing domestic biodiesel subsidies, is expected to boost Malaysian exports. Separately, a Malaysian government circular ...
Copper hits near 4-week low ahead of China growth data LONDON: Copper hit a near four-week low on Tuesday as investors eyed a strong dollar and concern grew over demand in top consumer China a day before the country gives an update on its economic growth.China, which consumes some 45 percent of the world's copper, will report gross domestic product for the first quarter on Wednesday and traders say there are risks the figure may come in weaker than expected after poor trade news this ...
Gold cuts losses on lower dollar after below forecast US data LONDON: Gold cut losses on Tuesday, as the dollar turned lower after U.S. retail sales and producer prices data came in weaker than expected, but prices remained below $1,200 an ounce on higher equities.The Commerce Department said on Tuesday retail sales increased 0.9 percent. Economists polled by Reuters had forecast retail sales rebounding 1 percent last month.Separately, the Labor Department said its producer price index for final demand increased 0.2 percent last month. But in ...
Raw sugar edges higher as rains hamper Brazil harvest LONDON: Raw sugar futures on ICE edged higher on Tuesday with the nearby premium rising as wet weather in Brazil slowed the harvest in the world's top producer.Dealers said the overall outlook for production in Brazil had improved but there could be some short-term disruption to the flow of sugar."The strength in the spread is explained by the weather in Brazil's CS (Centre-South) areas which has been rainy and expected to continue so, hampering the ...

 



 
Index Closing Chg%
Arrow DJIA 18,080.14 0.12
Arrow Nasdaq 5,092.09 0.71
Arrow S&P 2,117.69 0.23
Arrow FTSE 7,070.70 0.24
Arrow DAX 11,810.85 0.74
Arrow CAC-40 5,201.45 0.44
Arrow Nikkei 20,020.04 0.83
Arrow H.Seng 28,060.98 0.84
Arrow Sensex 27,437.94 1.07





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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