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Corn prices edge higher, plentiful supply limits upside LONDON: Chicago corn futures crept higher on Friday, boosted by delays to the US harvest, but the run-up in prices earlier in the week appeared to be losing momentum and soybeans were lower. Wheat futures edged up with prices in the European Union supported by the current strong pace of exports. December corn on the Chicago Board of Trade rose 0.1 percent to $3.52-1/2 a bushel by 1139 GMT. The front month hit a six-week high of $3.58-1/4 on Wednesday. "The ongoing US corn harvest is being delayed as the crop struggles to mature in the northern states due to adverse weather, potentially lowering production," David Sheppard, managing director of UK merchant Gleadell, said. Dealers said, however, US harvests of both corn and soybeans were still likely to be large. "There is a short-term spike in prices because of harvest delays and money flowing in commodity markets but we haven't ...

Copper, base metals rebound but still vulnerable LONDON: Industrial metals rebounded on Friday, taking a pause after heavy losses this week, but analysts cautioned that markets were still on edge and vulnerable to deeper losses. Copper was the weakest metal, bouncing slightly after hitting six-month lows on concern about a surge of mine supply swamping the market. The rise in other metals was stronger, along with other global financial markets, following signs of strength in the US economy and reassuring words from ...
Gold set to post weekly gain on uncertain US rate outlook LONDON: Gold inched down on Friday as shares rebounded, but was still set for a second straight weekly gain as concerns over the global economy have raised speculation the US Federal Reserve could keep interest rates low for longer. Spot gold was down 0.1 percent at $1,237.35 an ounce by 1346 GMT.The metal is up about 1.4 percent for the week after reaching a one-month high of $1,249.30 on Wednesday. US gold futures were down ...
Cocoa rises after strong N. American grind, sugar dips LONDON: Cocoa futures on ICE rose on Friday after stronger than expected North American grind data, and on worries Ebola could disrupt supplies from West Africa, while sugar eased due to a huge overhang of supplies.Arabica coffee on ICE fell in technically driven dealings, correcting after the previous session's gains, with attention focused on weather risks to Brazil's 2015/16 output after a prolonged dry spell.December cocoa on ICE was up $24, or 0.8 percent, at ...
Gold steadies, supported by global slowdown concerns LONDON: Gold steadied on Thursday to trade near its highest in more than a month as shares weakened on worries over the strength of the global economy, sending investors in search of assets perceived as safer, while a firm dollar kept prices in check.Spot gold was down 0.1 percent at $1,239.45 an ounce by 1423 GMT. The metal rose to its highest since Sept. 11 at $1,249.30 in the previous session.U.S. gold futures, which also ...
Arabica coffee rises as Brazil rains could miss key areas LONDON: Arabica coffee futures on ICE were higher on Thursday boosted by indications that forecast rains could miss some key growing areas in Brazil.Raw sugar futures on ICE also edged up although the weakness of Brazil's real currency and plentiful global supplies helped to cap gains. Cocoa prices eased.December arabica coffee on ICE rose 3.60 cents or 1.6 percent to $2.1950 per lb by 1416 GMT.Dry weather has threatened Brazil's 2015/16 output, sending futures to ...
Gold near 1-month high on flight to safety, global slowdown worries LONDON: Gold steadied on Thursday to trade near its highest in more than a month, as the dollar and European shares weakened on worries over the strength of the global economy, sending investors in search for assets perceived as safer.Spot gold was unchanged at $1,241.40 an ounce by 0928 GMT. The metal rose to its highest since Sept. 11 at $1,249.30 in the previous session.U.S. gold futures also hit a one-month high on Wednesday and ...

 



 
Index Closing Chg%
Arrow DJIA 16,677.90 1.32
Arrow Nasdaq 4,452.79 1.60
Arrow S&P 1,950.82 1.23
Arrow FTSE 6,419.15 0.30
Arrow DAX 9,047.31 1.20
Arrow CAC-40 4,157.68 1.28
Arrow Nikkei 15,138.96 0.37
Arrow H.Seng 23,333.18 0.30
Arrow Sensex 26,851.05 0.24





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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 $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln