All
 

 

Just in:  

You are here: Home»Markets»Commodities»Europe

Europe

Archive

Copper ticks higher as slower yuan decline calms market LONDON: Copper steadied on Thursday above the previous session's six-year low after China's central bank said there was no basis for further yuan depreciation, dampening concerns that the country's appetite for metals imports could wane.Weighing on base metals, however, was a stronger dollar, which makes dollar-priced metals costlier for non-U.S. investors.Three-month copper on the London Metal Exchange had gained 0.2 percent to $5,200 a tonne by 1440 GMT.The metal swung wildly on Wednesday. It plunged to a six-year trough of $5,062 a tonne in reaction to China allowing the yuan to weaken again after a mini-devaluation on Tuesday but recovered to finish the day with a gain of 1.3 percent."The initial reaction to the devaluation was overdone. We've just had a bit of relief when the market realised this is not going to be a series of devaluations," said Grant Sporre, metals analyst at Deutsche Bank.A weaker yuan makes imports ...

EU wheat harvest makes progress in better weather HAMBURG: Wheat harvesting has made rapid progress in the last week in leading European Union producers and some crop forecasts are being raised, analysts said on Thursday. In the EU's biggest wheat producer France, harvesting is virtually finished, with a consensus that France would achieve a record crop size and decent quality.Harvesting is being completed in final northern regions and yields continued to show wheat was not hurt by hot, dry weather which stressed maize. ...
Gold dips as worries over China's yuan devaluation ease LONDON: Gold fell nearly 1 percent on Thursday, snapping five sessions of gains, as concerns over further losses in the yuan after China devalued the currency this week eased, allowing stock markets and the dollar to rebound. Falling equities, dollar strength and speculation that the weaker yuan could delay a US interest rate rise sparked a short-covering rally in gold this week after its recent drop to 5-1/2 year lows, pushing prices to their highest ...
Soybeans stabilise after plunging on bigger US crop PARIS/SYDNEY: US soybeans rose on Thursday, recovering some ground after a 6 percent slide in the previous session, as analysts reassessed the government's upgrade of its harvest outlook, which had sparked the selloff. Corn steadied after tumbling 4.6 percent a day earlier when the US Department of Agriculture also lifted its corn crop forecast. Wheat also recovered after tracking corn and soybeans lower on Wednesday. The USDA stunned the market with its increased soybean and ...
Copper steadies as slower yuan decline calms market LONDON: Copper steadied on Thursday above the previous session's six-year low after China's central bank said there was no basis for further yuan depreciation, dampening concerns the country's appetite for metals imports could wane.Nickel, zinc and lead and tin were also steadier, though along with copper they came under pressure from a stronger dollar, which makes dollar-priced metals costlier for non-US investors. Three-month copper on the London Metal Exchange traded down 0.7 percent at $5,180 ...
Ukraine 2015 wheat harvest 98pc complete at 26.2mn T KIEV: Ukrainian farmers have almost completed the 2015 wheat harvest, threshing a bunker weight of 26.2 million tonnes of wheat from 98 percent of the sowing area as of Aug. 11, agriculture ministry data showed on Tuesday. Ukraine had harvested 23.3 million tonnes of wheat by the same date in 2014, the data showed. The wheat yield has decreased to 3.92 tonne per hectare this year from 3.98 tonne a year earlier. The ministry also ...
Gold at three-week high as investors assess China currency move LONDON: Gold rose to a three-week high on Tuesday as the dollar reversed gains, global stocks fell and investors assessed the impact of China's move to devalue its currency and prop up its economy. Beijing allowed the yuan to fall to its lowest level in nearly three years after a run of poor economic data, with the central bank describing the move as a "one-off depreciation" of nearly 2 percent. China's rate decision triggered a ...

 



 
Index Closing Chg%
Arrow DJIA 16,351.38 1.82
Arrow Nasdaq 4,749.98 2.46
Arrow S&P 1,948.86 1.83
Arrow FTSE 6,083.31 0.41
Arrow DAX 10,048.05 0.32
Arrow CAC-40 4,554.92 0.30
Arrow Nikkei 18,095.40 0.39
Arrow H.Seng 20,934.94 1.18
Arrow Sensex 25,453.56 0.95





New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk



Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln