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Arabica coffee hits 4-1/2 month low on Brazil rains LONDON: Arabica coffee futures on ICE fell to a 4-1/2 month low on Monday as rains in Brazil improved the outlook for next year's crop while sugar rebounded from recent losses and cocoa was little changed.After rain hit some of Brazil's parched coffee farms over the weekend, showers are expected to spread out over the southeast coffee and cane-rich farm belt by next weekend with isolated showers expected until then, forecasters said on Monday."The arabicas market is driven by the more favourable growing conditions in Brazil and a more favourable outlook for production," Rabobank commodities analyst Tracey Allen said.March arabica coffee on ICE was off 1.75 cents, or 1 percent, at $1.7835 per lb by 1453 GMT, having earlier dipped to a low of $1.7830, the weakest level for the benchmark second month since July 23.Robusta coffee futures on ICE showed more modest losses, with the market underpinned by strong ...

Gold firms as shares fall, steadier dollar caps gains LONDON: Gold firmed as European equities fell on Monday, but struggled to reach the $1,200 per ounce level after robust U.S. non-farm payrolls pushed the dollar to a more than five-year high.Spot gold rose 0.2 percent to $1,193.63 an ounce by 1516 GMT. The metal lost 1.1 percent on Friday when U.S. data showed employers added the largest number of workers in nearly three years in November and wages picked up.U.S. gold futures rose 0.3 ...
Gold firms as shares fall, steadier dollar caps upside LONDON: Gold firmed as European equities fell on Monday, but prices struggled to reach the $1,200 per ounce level after a robust U.S. nonfarm payrolls report pushed the dollar to a more than five-year high.Spot gold rose 0.3 percent to $1,195.10 an ounce by 1037 GMT. The metal lost 1.1 percent on Friday when U.S. data showed employers added the largest number of workers in nearly three years in November and wage gains picked up.U.S. ...
Trafigura 2014 core earnings rise 13 pct to $1.31bn LONDON: Trafigura, one of the world's largest commodities traders, reported on Monday a 13 percent rise in core earnings to $1.309 billion in the fiscal year to September 2014.The trading house said in a statement gross profit rose on a like-for-like basis by 14 percent to $2.045 billion.Revenue totalled $127.6 billion in 2014, a decrease of 0.4 percent on a like-for-like basis.In 2013, Trafigura sold shares in subsidiary Puma Energy and in 2014 it sold ...
Germany set for 50mn T hard coal imports in 2014 FRANKFURT: Germany is set to import around 50 million tonnes of hard coal in 2014 which would be just below last year's record of 51 million tonnes, coal importers' lobby VDKI said in a statement. The total would be made up of 37.5 million tonnes of steam coal for power stations, 10 million tonnes of coking coal for iron- and steelmakers and 2.5 million tonnes of coke, a related product, the group said, adding this ...
Gold dips ahead of US data, set for best week since February LONDON: Gold eased on Friday as the dollar firmed ahead of a closely watched US payrolls report later, but the metal stayed on track for its best week in 10 months after bouncing back from three-week lows on Monday. Gold's strong rebound, which saw it post its biggest one-day rise in more than a year, brought some buyers back into the market, analysts said, while physical demand also firmed. Spot gold was down 0.1 percent ...
Wheat down as Black Sea supply fears ease PARIS/SYDNEY: US and European wheat futures eased on Friday as immediate fears about crop damage and export restrictions in the Black Sea region faded. A drop in the export competitiveness of US and western European wheat, following a rally to six-month highs earlier this week, also curbed prices. Corn and soybean prices fell after brisk weekly exports fuelled sharp gains a day earlier. The subdued tone on grain markets reflected a shift in attention towards ...

 



 
Index Closing Chg%
Arrow DJIA 17,356.87 1.69
Arrow Nasdaq 4,644.31 2.12
Arrow S&P 2,012.89 2.04
Arrow FTSE 6,336.48 0.07
Arrow DAX 9,544.43 0.20
Arrow CAC-40 4,111.91 0.46
Arrow Nikkei 16,819.73 0.38
Arrow H.Seng 22,585.84 0.37
Arrow Sensex 26,710.13 0.27






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 15, 2014
Reserves $13.922 bln