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EU wheat at new 7-week top on US rally, technical impetus PARIS: Paris wheat futures extended gains on Friday to a new seven-week high, carried along by technical momentum and a dollar-fuelled jump in US futures. The rise on the European market was capped by a sharp increase in the euro against the dollar, which further tempered export sentiment after a recent slowing in demand for French wheat.May milling wheat, the benchmark on Euronext's established No. 2 wheat contract, settled 2.25 euros, or 1.2 percent, higher at 196.75 euros a tonne. It earlier reached its highest since Jan. 26 at 197.25 euros.Over the week, the contract added 6.50 euros or 3.4 percent. Chicago wheat futures climbed more than 3 percent as US commodities were boosted by the dollar, which resumed a pullback seen on Wednesday when the US Federal Reserve gave a cautious view on the US economy. "The euro is seeing yo-yo movements and with the rise on the US ...

EU wheat at 7-week high on weak euro, good export demand PARIS: European wheat prices rose to a new seven-week high in late trade on Thursday on technical buying with support from good export demand as EU wheat continues to benefit from the lower euro against the dollar.May milling wheat, the benchmark on the Paris-based Euronext market's established No. 2 wheat contract, closed at 194.50 euros a tonne, up 1.2 percent, after hitting a new 7-week high of 195.00 euros just before the close.EU soft wheat ...
Wheat hits one-month high on dollar slide SYDNEY/PARIS: US wheat hit a one-month peak on Thursday as a weaker dollar boosted the competitiveness of the world's largest exporter.Corn extended two-day gains to more than 2 percent, while soybeans rose 0.5 percent.Chicago Board of Trade May wheat climbed 0.49 percent to $5.16-3/4 a bushel, after hitting a peak of $5.20 a bushel earlier in the session - the highest since Feb. 20. Wheat closed up 1.4 percent on Wednesday.Traders said gains were driven ...
Arabica coffee hits three-week high as rebound gathers steam LONDON: Arabica coffee futures rose sharply on Thursday as the market's recent rebound gathered momentum, fuelled partly by the potential for Brazilian crop losses to be more significant than some had previously expected.May arabica coffee futures on ICE were up 5.10 cents, or 3.6 percent, at $1.4515 per lb at 1312 GMT, having earlier touched a three-week high of $1.4675.Prices have rebounded strongly after falling last week to a 13-month low of $1.2875, with the ...
Copper bounces from one-month low on Fed, mine blockade LONDON: Copper rebounded on Thursday, recovering from a one-month low in the previous session, on rising expectations that a U.S. rate hike would be delayed and after output was halted at one of the world's biggest copper mines.Metals were swept up with other markets, including a rise in world shares towards all-time highs, after the Federal Reserve sounded less likely to act aggressively in raising interest rates than investors had anticipated."There's broad-based support across commodities ...
Gold eases from 2-week high as dollar pares post-Fed losses LONDON: Gold eased on Thursday from an earlier two-week high as the dollar recovered some ground after posting its biggest daily fall in 18 months following a more cautious than expected interest rate statement from the Federal Reserve.Spot gold rallied to a peak of $1,177.46 an ounce and the dollar tumbled after the U.S. Federal Reserve signalled a slower pace of interest rate hikes and gave a cautious outlook for the U.S. economy.It failed to ...
Copper bounces from 1-month low on Fed, mine blockade LONDON: Copper rebounded on Thursday, recovering from a one-month low in the previous session, on hopes that a U.S. rate hike would be delayed and after output was halted at one of the world's biggest copper mines.Metals were swept up with other markets, including a rise in world shares towards all-time highs, after the Federal Reserve sounded less likely to act aggressively in raising interest rates than investors anticipated."There's broad-based support across commodities from the ...

 



 
Index Closing Chg%
Arrow DJIA 17,678.23 0.23
Arrow Nasdaq 4,863.36 0.27
Arrow S&P 2,056.15 0.24
Arrow FTSE 6,895.33 1.37
Arrow DAX 11,843.66 0.18
Arrow CAC-40 5,006.35 0.29
Arrow Nikkei 19,471.12 1.39
Arrow H.Seng 24,497.08 0.13
Arrow Sensex 27,457.58 2.33





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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJanuary
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln