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Wheat extends fall on high global supplies PARIS/SYDNEY: Chicago wheat futures slid for a third consecutive session on Thursday after the U.S. government put world stocks above market expectations, easing lingering concerns over supply snags.An Egyptian tender reinforced the bearish mood as traders anticipated U.S. wheat would again be priced out of contention against cheaper European and Black Sea origins.Soybeans rose to recoup some of its losses from Wednesday, when the market shrugged off a cut to U.S. stocks by the U.S. Department of Agriculture and focused on improving chances of bumper crops in South America.Weekly U.S. export data due at 1230 GMT will also turn attention back to overseas demand, which had led the USDA to trim its soybean stocks outlook.Chicago Board of Trade March wheat futures fell 0.6 percent to $5.78 a bushel by 1041 GMT, to stay close to a one-week low touched in the previous session.In its monthly world crop report, released on ...

Gold falls from 7-week high as dollar, shares recover LONDON: Gold fell on Thursday, retreating further from the previous session's seven-week high as the dollar and European shares firmed, dulling gold's appeal as an alternative investment.Spot gold was down 0.5 percent to $1,220.06 an ounce by 1034 GMT. The metal rose to a seven-week high of $1,238.20 on Wednesday, before giving up gains on a steadier equity markets.Gold was still on track for a 2.6 percent weekly gain so far, the biggest since mid-Oct, ...
Copper falls as growing supply offsets China easing hopes LONDON: Copper slipped on Wednesday from two-week highs hit in the previous session, with hopes for more monetary policy easing in top consumer China overshadowed by worries over swelling supplies and weak global growth.Data out earlier showed China's consumer inflation hit a five-year low of 1.4 percent in November, stoking expectations that Beijing will move more aggressively to head off the risk of deflation in a slowing economy.Copper failed to benefit because of worries over ...
Gold steadies near 7-week peak as stock markets surrender gains LONDON: Gold steadied near seven-week highs on Wednesday as equity markets surrendered earlier gains to turn lower and the dollar extended losses versus a basket of currencies.Spot gold was little changed at $1,231.47 an ounce by 1511 GMT, recovering from a daily low of $1,224.73. Overnight it hit a peak of $1,238.20, its highest since Oct. 23, having risen more than 2 percent on Tuesday as the dollar and stocks fell.The metal quickly recovered early ...
Raw sugar extends rebound as Brazil cane crush winds down LONDON: Raw sugar futures on ICE rose for the third consecutive day on Wednesday as the market extended its rebound from last week's 2-1/2 month low.Arabica coffee futures fell, weakened partly by rains in top grower Brazil, while New York cocoa was also lower.March raw sugar rose 0.13 cents or 0.8 percent to 15.55 cents a lb by 1458 GMT. The front month fell to a low of 15.02 cents last week, its weakest level ...
Gold edges lower below 7-week peak on firmer shares, drop in oil LONDON: Gold edged down on Wednesday, holding below a seven-week peak hit earlier as a modest rebound in equity markets and lower crude prices more than offset the impact of a weaker dollar.Spot gold was down 0.3 percent at $1,226.90 an ounce by 1042 GMT. The metal had jumped in earlier trade to $1,238.20, its highest since Oct. 23, having risen as much as 2.8 percent in the previous session on lower share prices and ...
Copper falls as growing supply offsets China easing hopes LONDON: Copper slipped on Wednesday from two-week highs hit in the previous session, with hopes for more monetary policy easing in China overshadowed by worries over swelling supplies and weak global growth.Data out earlier showed China's consumer inflation hit a five-year low of 1.4 percent in November, stoking expectations that Beijing will move more aggressively to head off the risk of deflation in a slowing economy.China consumes about 45 percent of the world's copper.However, worries ...

 



 
Index Closing Chg%
Arrow DJIA 17,778.15 2.43
Arrow Nasdaq 4,748.40 2.24
Arrow S&P 2,061.23 2.40
Arrow FTSE 6,466.00 2.04
Arrow DAX 9,811.06 2.79
Arrow CAC-40 4,249.49 3.35
Arrow Nikkei 17,210.05 2.32
Arrow H.Seng 22,832.21 1.09
Arrow Sensex 27,126.57 1.56






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln