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Wheat edges higher after hitting 1-month low SYDNEY/PARIS: US wheat edged higher on Wednesday after hitting a nearly one- month low in the previous session, boosted by an easing dollar which also helped other grains in Chicago.Corn and soybean futures continued to benefit from technical support as investors took advantage of recent declines to contract lows to cover bearish bets placed as farmers reaped huge harvests of both crops across the US Midwest.Chicago Board of Trade December wheat futures rose 0.2 percent to $4.88-1/2 a bushel after closing down 1.3 percent on Tuesday when prices hit $4.84-1/2, the lowest since Oct. 20.January soybeans gained 0.3 percent to $8.66-1/2 a bushel, having firmed 0.5 percent on Tuesday while December corn was up 0.4 percent to $3.63-1/2 a bushel, after gaining 0.6 percent in the previous session.Analysts said wheat remains under pressure amid ample global supplies, while forecasts for rain that will boost production of winter wheat were also ...

Gold languishes around 2010 low on US rate hike bets LONDON: Gold fell close to an earlier multi-year low on Wednesday, as the market awaited minutes of a recent Federal Reserve meeting which could reinforce bets of a rate hike next month.Declines were however capped by a lower dollar and risk aversion after a gunfight in Paris early in the morning.Spot gold was down 0.2 percent at $1,067.30 an ounce by 1315 GMT, after falling to $1,064.95 earlier, the lowest since February 2010. U.S. gold ...
Iron ore closes in on 7-year low as China woes deepen MANILA: Spot iron ore is on track to extend losses, approaching a seven-year low on prolonged worries over declining steel demand in China that has pushed ferrous futures deeper into the red.Falling steel demand has prompted many loss-making Chinese producers to either cut output or shut capacity. Another mill located in China's top steel producing Hebei province may have shut, market sources say.Iron ore for immediate delivery to China's Tianjin port tumbled 3.2 percent to ...
Raw sugar down over 2pc on prospects for Indian exports LONDON: ICE benchmark raw sugar futures fell more than 2 percent on Wednesday due to the possibility of an influx of exports to the world market from number 2 producer India, trade sources said.Trade sources said futures had dropped on a Reuters report from Mumbai on Wednesday quoting government sources as saying India will, for the first time, pay sugarcane farmers in part for produce that they sell to money-losing mills.Modi's government would directly pay ...
Britain's wheat area seen little changed, rapeseed sowings fall LONDON: Britain's wheat area for the 2016 harvest is likely to be similar to the prior season but rapeseed sowings should fall by 14 percent, the Agriculture and Horticulture Development Board (AHDB) said on Tuesday as it issued results of its early bird survey. "A drop in the area planted to oilseed rape is not a surprise given the profitability challenges with this crop in recent times. It's likely that the restriction of the use ...
Sugar slides on commodities setback, India export talk LONDON: Raw sugar futures were lower on Tuesday on weakness in other commodity markets, including crude oil and copper, and renewed talk that India will soon announce export incentives for the country's mills. Cocoa futures were hovering just below the previous session's 4-1/2 year high while coffee was little changed. March raw sugar on ICE was down 0.46 cents, or 3.0 percent, at 14.72 cents a lb at 1531 GMT. Dealers said there were likely ...
Gold slips as markets recover from Paris attacks; Fed in focus LONDON: Gold prices slipped on Tuesday, heading back towards near six-year lows as the dollar rose and stocks rebounded from losses associated with Friday's attacks in Paris. The metal briefly hit its highest in over a week on Monday at $1,097.90 an ounce after the attacks prompted a flight to safety among investors, but it failed to maintain those gains. Spot gold was down 0.3 percent at $1,078.90 an ounce at 1500 GMT, while US ...


Index Closing Chg%
Arrow DJIA 17,813.39 0.01
Arrow Nasdaq 5,116.15 0.26
Arrow S&P 2,088.87 0.01
Arrow FTSE 6,393.13 0.88
Arrow DAX 11,320.77 1.35
Arrow CAC-40 4,946.02 1.08
Arrow Nikkei 19,944.41 0.49
Arrow H.Seng 22,488.94 0.04
Arrow Sensex 25,958.63 0.71

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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
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WeeklyNovember 23, 2015
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