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Coffee, sugar fall as focus on rain in Brazil LONDON: Arabica coffee and raw sugar futures on ICE fell on Friday as rains in Brazil raised expectations that drought-driven crop losses may not be as heavy as feared. Cocoa futures on ICE were steady as the market consolidated after chart signals drove profit-taking on Thursday. May arabica coffee futures on ICE eased 1.4 cent or 0.8 percent to $1.7280 per lb by 1459 GMT. "The reports of increased rainfall in Brazil have had an important psychological impact on speculators," said Stefan Uhlenbrock, a senior analyst with F.O. Licht in Germany. A London-based coffee trader said investors were taking profits after prices had risen. "I think we have to defer our judgments (on the crop) for another two or three weeks at least," he said. "It is just profit realisation.That is what we are seeing." ICE arabica coffee futures on Thursday posted the sharpest one-day loss since August 2010, driving ...

Gold up yet still set for biggest weekly fall in 4 months LONDON: Gold rose on Friday ahead of a series of speeches by US Federal Reserve officials but was still on track for its biggest weekly fall since November following the Fed's hints of an interest rate hike in the first half of 2015. Fed officials including Richard Fisher, James Bullard and Narayana Kocherlakota are due to speak later on Friday after Fed Chair Janet Yellen surprised markets mid-week by suggesting the possibility of raising interest ...
Gold hits 6-month highs on cautious appetite for risk LONDON: Gold prices briefly hit their highest in six months on Monday as appetite for risk remained cautious following Crimea's vote to break from Ukraine and Western countries' sanctions on Moscow and Kiev officials.European Union foreign ministers have agreed to impose sanctions including travel bans and asset freezes on 21 officials from Russia and Ukraine, Lithuania's foreign minister said."As long as the emerging-market worries continue, you will see more buying coming through," BofA Merrill Lynch ...
Copper rises, still not far from last week's 44-month low LONDON: Copper rose on Monday as low prices after a sharp drop last week attracted some buying, but it was still not far from a 44-month low hit last week due to persisting concerns about top consumer China's growth outlook and credit problems.Benchmark three-month copper on the London Metal Exchange was up 1 percent at $6,545 a tonne in official rings from a last bid of $6,468.50 Friday, when it gained 0.8 percent.It earlier dropped ...
Copper up but set for biggest weekly fall in 11 months LONDON: Copper rose on Friday but was on track for its biggest weekly loss in 11 months, with fears about credit problems and industrial demand in top consumer China capping gains.Benchmark three-month copper on the London Metal Exchange, untraded at the close, was bid at $6,468.50, up 0.8 percent from Thursday's close. It sank to a 44-month low of $6,376.25 on Wednesday.Helping stem the metal's downtrend, physical premiums for copper in Shanghai's bonded zones have ...
Soybeans set for 4pc weekly fall on China demand doubts PARIS/SINGAPORE: US soybean futures traded little changed on Friday, keeping the oilseed on course for a 4 percent weekly slide driven by signs of softening demand in top importer China. Wheat edged higher as the market took a breather after a slide on Thursdy hauled the market back from a 4-1/2 month high reached on the back of worries over Ukraine. Chicago Board of Trade May soybeans inched up 0.1 percent to $13.97-1/2 a bushel ...
Gold touches six-month highs on Ukraine worries LONDON: Gold rose to six-month highs on Friday and was headed for its biggest weekly gain in four buoyed by lower equity markets on mounting tensions between Russia and the West over Ukraine and worries of an economic slowdown in China. The metal has gained more than 2 percent this week so far, in what would mark its sixth straight weekly rise, as investors' appetite for risk diminished in view of increasing political tensions and ...

 



 
Index Closing Chg%
Arrow DJIA 16,408.54 0.10
Arrow Nasdaq 4,095.52 0.23
Arrow S&P 1,864.85 0.14
Arrow FTSE 6,625.25 0.62
Arrow DAX 9,409.71 0.99
Arrow CAC-40 4,431.81 0.59
Arrow Nikkei 14,516.27 0.68
Arrow H.Seng 22,760.24 0.28
Arrow Sensex 22,628.84 1.58





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln