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Copper hits more than two-month peak as China inventories fall LONDON: Copper prices jumped to a more than two-month high on Friday after Chinese inventories fell for the first time in two months, a signal that demand in the top metals consumer is slowly recovering after the Lunar New Year holiday. Prices also gained support from supply concerns as a blockade of the Grasberg mine in Indonesia marked its fifth day.Three-month copper on the London Metal Exchange rose 3.3 percent to close at $6,045 a tonne, after rising as high as $6,082.50 a tonne, the highest since Jan. 12. The increase extended a jump of 3.2 percent on Thursday.The contract erased early losses after weekly data showed copper stocks in warehouses monitored by the Shanghai Futures Exchange (ShFE) fell 2,267 tonnes or 0.9 percent, the first drop since Jan. 23.Shanghai copper stocks, which have more than doubled this year, were being watched for signals that industrial users had geared up ...

EU wheat at new 7-week top on US rally, technical impetus PARIS: Paris wheat futures extended gains on Friday to a new seven-week high, carried along by technical momentum and a dollar-fuelled jump in US futures. The rise on the European market was capped by a sharp increase in the euro against the dollar, which further tempered export sentiment after a recent slowing in demand for French wheat.May milling wheat, the benchmark on Euronext's established No. 2 wheat contract, settled 2.25 euros, or 1.2 percent, higher ...
EU wheat at 7-week high on weak euro, good export demand PARIS: European wheat prices rose to a new seven-week high in late trade on Thursday on technical buying with support from good export demand as EU wheat continues to benefit from the lower euro against the dollar.May milling wheat, the benchmark on the Paris-based Euronext market's established No. 2 wheat contract, closed at 194.50 euros a tonne, up 1.2 percent, after hitting a new 7-week high of 195.00 euros just before the close.EU soft wheat ...
Wheat hits one-month high on dollar slide SYDNEY/PARIS: US wheat hit a one-month peak on Thursday as a weaker dollar boosted the competitiveness of the world's largest exporter.Corn extended two-day gains to more than 2 percent, while soybeans rose 0.5 percent.Chicago Board of Trade May wheat climbed 0.49 percent to $5.16-3/4 a bushel, after hitting a peak of $5.20 a bushel earlier in the session - the highest since Feb. 20. Wheat closed up 1.4 percent on Wednesday.Traders said gains were driven ...
Arabica coffee hits three-week high as rebound gathers steam LONDON: Arabica coffee futures rose sharply on Thursday as the market's recent rebound gathered momentum, fuelled partly by the potential for Brazilian crop losses to be more significant than some had previously expected.May arabica coffee futures on ICE were up 5.10 cents, or 3.6 percent, at $1.4515 per lb at 1312 GMT, having earlier touched a three-week high of $1.4675.Prices have rebounded strongly after falling last week to a 13-month low of $1.2875, with the ...
Copper bounces from one-month low on Fed, mine blockade LONDON: Copper rebounded on Thursday, recovering from a one-month low in the previous session, on rising expectations that a U.S. rate hike would be delayed and after output was halted at one of the world's biggest copper mines.Metals were swept up with other markets, including a rise in world shares towards all-time highs, after the Federal Reserve sounded less likely to act aggressively in raising interest rates than investors had anticipated."There's broad-based support across commodities ...
Gold eases from 2-week high as dollar pares post-Fed losses LONDON: Gold eased on Thursday from an earlier two-week high as the dollar recovered some ground after posting its biggest daily fall in 18 months following a more cautious than expected interest rate statement from the Federal Reserve.Spot gold rallied to a peak of $1,177.46 an ounce and the dollar tumbled after the U.S. Federal Reserve signalled a slower pace of interest rate hikes and gave a cautious outlook for the U.S. economy.It failed to ...


Index Closing Chg%
Arrow DJIA 17,698.18 0.44
Arrow Nasdaq 4,880.23 0.42
Arrow S&P 2,059.69 0.40
Arrow FTSE 6,809.50 0.54
Arrow DAX 12,001.38 0.2
Arrow CAC-40 5,062.22 0.57
Arrow Nikkei 19,034.84 0.90
Arrow H.Seng 25,082.75 0.73
Arrow Sensex 28,260.14 1.08

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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 20, 2015
Reserves $16.132 bln