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Iraq issues new tender to buy minimum 30,000 tonnes rice HAMBURG: Iraq's state grains buyer has issued an international tender to buy at least 30,000 tonnes of rice, European traders said on Monday. The closing date for the tender is July 6 and offers must be valid until July 10. Copyright Reuters, 2014 ...

Gold edges lower on steady equities, flat dollar limits downside LONDON: Gold edged lower on Friday, holding below a two-month high hit earlier in the week as European equities inched up, but a flat dollar after weak US data limited the downside. US consumer spending rose less than expected in May, prompting economists to downgrade estimates for second-quarter growth. Spot gold was down 0.2 percent at $1,314.80 an ounce by 1015 GMT. It hit its highest since mid-April at $1,325.90 on Tuesday. US gold futures ...
London copper hits 3-1/2 month high on China hopes, tighter supply LONDON: Copper hit its highest in 3-1/2 months and was headed for a second straight weekly gain on Friday spurred by hopes that an improved outlook for the world's No. 2 economy may strengthen demand just as supply side dynamics are tightening. Chinese importers are turning to purchases of refined copper for near-term delivery to Shanghai as banks tighten credit for buying from bonded stocks following a suspected metal financing scam at China's Qingdao port, ...
Cocoa bounces, sugar eases before expiry LONDON: ICE cocoa futures rose in a technical bounce on Friday and approached a near three-year peak, while raw sugar eased with dealers expecting a small delivery against expiry of the July contract on Monday.ICE arabica coffee futures were little changed, with sentiment driven by uncertainty over the extent of damage to crops in Brazil due to drought earlier in the year. Cocoa futures on ICE jumped in a technical bounce in light volume after ...
Soybeans and corn drop ahead of USDA reports HAMBURG/SYDNEY: US soybean futures fell on Friday in a risk-off mood before the release of crucial estimates of grain inventories and sowings by the United States Department of Agriculture (USDA), with concerns inventory numbers could be larger than expected.USDA is scheduled to give its forecasts of quarterly US grain stocks and US corn, soybean and wheat plantings on Monday.Corn also dropped, poised to finish the week down 2.5 percent. Wheat was firmer after also rising ...
Gold pares losses as economic data pressures US yields LONDON: Gold pared losses on Thursday after U.S. data put pressure on Treasury yields, though it remained below this week's two-month high as a firmer tone to equities suggested investors were switching back into assets offering a better return.The precious metal rose to a peak of $1,325.90 an ounce earlier this week on concerns over escalating violence in Iraq, which drove up oil prices, and on uncertainty about the U.S. Federal Reserve's plans to taper ...
Tin hits 4-month low, copper retreats from fresh high LONDON: Tin prices slipped to their lowest in more than four months on Thursday despite forecasts of deficits, while copper pulled back after touching a new peak.At the start of the year, most analysts tipped tin for price gains as supply was expected to fall short of demand."Indonesia is not even exporting all that it is producing, so that should make the deficit even bigger," metals strategist Stephen Briggs at BNP Paribas in London said."Yet ...

 



 
Index Closing Chg%
Arrow DJIA 17,195.42 1.30
Arrow Nasdaq 4,566.14 0.37
Arrow S&P 1,994.65 0.62
Arrow FTSE 6,463.55 0.15
Arrow DAX 9,114.84 0.35
Arrow CAC-40 4,141.24 0.74
Arrow Nikkei 15,658.00 1.67
Arrow H.Seng 23,702.04 1.49
Arrow Sensex 27,346.33 0.92





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJuly-June
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln