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Copper slumps to six-month low on economic growth worries LONDON: Copper prices plunged to their lowest levels in six months on Thursday, pressured by concerns about the outlook for global economic growth and caution about stimulus measures from the United States coming to an end.Three-month copper on the London Metal Exchange fell 1.1 percent to $6.568 a tonne at 0956 GMT, having earlier fallen to $6,558, its lowest since mid April and adding to hefty falls from the previous day when it closed more than 2 percent lower.Other metals also hit multi-month lows in intraday trade. Lead prices hit their lowest in 17 months at $1,962.25, nickel fell to a seven-month low of $15,374 and tin to $19,360, a 15-month low.European shares fell and oil prices sank to four-year lows, while safe haven gold prices traded near one-month highs.Markets have been hit by weak economic indicators from top metals consumer China, as well as from Europe and the United ...

Ukraine winter wheat sowing 93pc complete KIEV: Ukrainian farmers had sown 5.7 million hectares of winter wheat as of Oct. 15, or 93 percent of the forecasted area, the agriculture ministry said on Thursday. Ukraine plans to sow a total of 6.2 million hectares of winter wheat for the 2015 harvest versus 6.1 million hectares sown last year, the ministry said in a statement. Winter wheat accounts for 95 percent of the country's overall wheat output. Ukraine harvested 24.4 million tonnes ...
Copper pressured weak economic data, supply in focus LONDON: Copper prices fell on Wednesday, under pressure from Chinese inflation data and weak U.S. retail sales and producer prices, though losses were kept in check by a growing consensus that a surplus of the metal will be delayed until next year.China's annual consumer inflation slowed more than expected to 1.6 percent in September, a level not seen since January 2010, further evidence that the world's second-largest economy is cooling but giving more room for ...
US soybeans fall as harvest progresses faster than expected HAMBURG/SYDNEY: Chicago soybean futures fell on Wednesday from a three-week high hit in the previous session after a report from the US Department of Agriculture (USDA) showed the US soybean harvest was progressing faster than expected.Corn also fell after the USDA reported good harvest progress while wheat dropped in the general market weakness."Corn and soybean prices are being pushed down today by the USDA harvest report on Tuesday which showed the US harvest is looking ...
Copper dips on strong dollar, supply in focus LONDON/SYDNEY: Copper prices dipped on Wednesday pressured by a strong dollar, Chinese inflation data and gloom in the euro zone, though losses were kept in check by a growing consensus that a surplus of the metal will be delayed until next year.China's annual consumer inflation slowed more than expected to 1.6 percent in September, a level not seen since January 2010, further evidence that the world's second-largest economy is cooling but giving more room to ...
Gold slips as dollar firms, oil prices slide LONDON: Gold fell further from the previous session's four-week high on Wednesday as the dollar firmed and oil prices continued to slide, but concerns over global growth prevented a deeper fall.Gold rebounded last week after hitting its lowest since mid-2013 but has struggled to gain traction as the dollar recovered lost ground. The metal's recovery stalled at $1,237.90 an ounce on Tuesday, a four-week high, before going into reverse.Spot gold was down 0.4 percent at ...
Gold retreats from 4-week high as dollar firms LONDON: Gold retreated from four-week highs on Tuesday as lacklustre euro zone data pressured the euro versus the dollar, though the metal was underpinned by fears over global growth, which hurt stocks and other commodities.Deepening worries over the health of the global economy dragged shares in Europe and Japan lower on Tuesday, while figures showing a slump in oil demand growth knocked Brent crude futures to below $88 a barrel.Spot gold was down 0.3 percent ...

 



 
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