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ICE sugar hits more than 4-year low, coffee falls LONDON: ICE sugar on Wednesday slid to a more than 4-year low, pressured by cane data showing a rapid harvest in Brazil, and a smaller than expected shift in allocation of cane to ethanol.ICE October raw sugar futures were down around 2 percent or 0.29 cents to 14.59 cents a lb at 1409 GMT, having slipped to 14.57 cents a lb, the lowest since June 2010.Dealers said plentiful nearby supplies of sugar from Brazil, which is at the peak of its harvest, combined with ample global stocks in key consumers such as China, dragged on prices.A vigorous rolling forward of positions by funds had also put pressure on the front month October contract, before it expires on Sept. 30.The spread between the October and March contract, in excess of 200 points, is one of the highest seen in recent years.A firm dollar against a basket of currencies, buoyed by recent ...

Copper edges up; dollar, China concerns limit gains LONDON: Copper prices rose on Wednesday but remained near a one-month low due to concerns about growth in top consumer China and a strong dollar, while nickel slipped as supply worries eased.Three-month copper on the London Metal Exchange (LME) was up 0.4 percent at $6,868 a tonne by 1430 GMT, after falling more than 2 percent to a near one-month low of $6,821.75 a tonne on Tuesday, due to pressure from a strong dollar.Global shares ...
French wheat exports to slide, stocks jump PARIS: French wheat exports on the world market are expected to drop by a third in 2014/15 and the country's stocks to jump by two-thirds, farm office FranceAgriMer said on Wednesday in its first supply-and-demand outlook after a rain-hit harvest.In data published on its website, the office forecast French soft wheat exports outside the EU would be 8.0 million tonnes in the 2014/15 season to June 30, down 34.5 percent from 12.2 million in 2013/14.Heavy ...
Soybeans hit contract low ahead of US report, corn falls HAMBURG/SINGAPORE: Chicago new-crop soybeans hit a new contract low on Wednesday and corn touched its previous contract low as near-perfect weather in the US Midwest raised expectations the US government will further increase harvest estimates.Wheat also fell with the most-active December contract trading near last session's contract low, weighed down by plentiful global supplies.Chicago Board of Trade November soybeans were little changed, up a marginal 0.03 percent at $9.93 bushel at 1005 GMT after hitting ...
Copper steadies as dollar's rally eases LONDON: Copper prices steadied on Wednesday near a one-month low, after hefty falls in the previous session, as the dollar's surge against a basket of currencies stabilised, while nickel slipped as supply worries eased.Three-month copper on the London Metal Exchange (LME) was at $6,841 a tonne at 1019 GMT, almost flat from the previous close, after falling more than 2 percent to a near one-month low of $6,821.75 a tonne on Tuesday, due to pressure ...
Gold eases towards 3-month low as dollar holds near highs LONDON: Gold eased towards the previous day's three-month low on Wednesday as the dollar index held near its highest level in more than a year, underpinned by expectations that the Federal Reserve may be set to signal a rise in interest rates.The dollar has been trending higher since early July, supported by talk of a possible Fed rate rise. That would likely hurt gold, due both to the impact on the dollar, in which it ...
Gold holds near 3-month low as dollar strength hurts LONDON: Gold hovered near its lowest in three months on Tuesday as the dollar traded at a 14-month high following a Federal Reserve study that caused investors to reassess prospects for higher U.S. interest rates.Spot gold was unchanged at $1,255.90 an ounce at 1359 GMT. The metal closed down 1 percent on Monday after hitting its lowest since June 10 at $1,251.24.U.S. gold futures were up $2.30 an ounce at $1,256.60."There is a really negative ...

 



 
Index Closing Chg%
Arrow DJIA 17,172.68 0.62
Arrow Nasdaq 4,527.69 1.14
Arrow S&P 1,994.29 0.80
Arrow FTSE 6,773.63 0.94
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Arrow CAC-40 4,442.55 0.42
Arrow Nikkei 16,205.90 0.71
Arrow H.Seng 23,955.49 1.44
Arrow Sensex 27,206.74 0.43





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 18, 2014
Reserves $13.525 bln