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Cocoa eases after Malaysia grind, sugar steadies LONDON: Cocoa futures on ICE eased on Monday after a sharp drop in Malaysian grindings and sugar steadied after surging more than 4 percent in the prior session on rising global deficit forecasts. Arabica coffee futures rose on technically driven buying, moving further away from last week's 1-1/2 year low, while robusta coffee held steady as traders focused on the front-month premium of July over September. Cocoa futures dipped after cocoa processing in Malaysia fell 29.9 percent in the second quarter from a year earlier. "People are nervous about the grinds coming this week," one London-based broker said, referring to the European second-quarter grinding data due on Tuesday and the North American grind on Thursday. The data is likely to show a fall of between 1 percent and 5 percent in Europe and a drop of 3 percent to 10 percent in North America, dealers said. September London cocoa was ...

Corn edges up, braces for US harvest estimate cut PARIS/SINGAPORE: Chicago corn futures edged higher on Friday, keeping new-crop prices near a one-year high, as the market anticipated a US government crop report later in the day would cut the harvest outlook.Soybeans were also slightly higher to hold onto near 3 percent gains from the previous session as traders also bet on a reduction to the US Department of Agriculture's soybean crop forecast in the light of heavy Midwest rain. Grains also drew support ...
Copper set to close week lower on China demand concerns LONDON: Copper slipped on Friday and was set for a weekly fall of about 3 percent as concerns persisted over top consumer China's demand for the metal even as stock markets there recovered and in Europe hopes grew for a deal between Greece and its creditors. Chinese stocks bounced sharply for a second day on Friday, regaining a degree of composure after a barrage of government support measures to halt panic selling earlier this week. ...
Gold edges up as euro gains versus dollar on Greece LONDON: Gold scaled higher on Friday, further off a four-month low, as the dollar tumbled against the euro on signs of progress in Greece's efforts to secure fresh funding. Spot gold was up 0.2 percent at $1,161.11 an ounce by 1219 GMT. Prices touched $1,146.75 on Wednesday, their lowest since March 18, when the dollar was boosted by weakness in the euro on Greece and the tumble in Chinese stock markets. US gold for August ...
EU wheat steadies with Chicago ahead of USDA reports PARIS: European wheat futures rose slightly on Thursday as a bounce in Chicago markets helped Paris prices recover from a one-week low while participants awaited direction from U.S. government crop estimates due on Friday.Harvest progress in France, coupled with a relatively high crop forecast from the country's farm office, helped keep a lid on prices, although there were still concerns that dry, hot weather may affect later-maturing wheat.December milling wheat, the new-crop benchmark and most ...
Copper gains on China equity rebound, concerns persist LONDON: Copper prices rebounded further on Thursday from a six-year low hit in the previous session, as Beijing managed to halt panic selling in Chinese equities, though underlying worries about China's growth persisted.Beijing's increasingly frantic attempts to stem a stock market rout were finally rewarded as Chinese shares bounced around 6 percent, but sentiment towards copper remained cautious.China consumes 45 percent of the world's copper."We could see continued weakness in the coming weeks, with the ...
Gold at 4-month lows, platinum nears $1,000/oz on China worries LONDON: Gold extended losses to touch its lowest since March on Wednesday as markets nervously watched the tumble in Chinese stock markets and the unfolding Greek debt crisis.Other precious metals took cues from gold, logging sharp losses, with platinum approaching the $1,000 an ounce mark for the first time in more than six years. Global financial markets have been rattled by the Greek crisis that could see Athens leave the euro zone. Adding to those ...

 



 
Index Closing Chg%
Arrow DJIA 17,745.98 0.03
Arrow Nasdaq 5,128.79 0.33
Arrow S&P 2,108.63 0.01
Arrow FTSE 6,668.87 0.57
Arrow DAX 11,257.15 0.40
Arrow CAC-40 5,046.42 0.58
Arrow Nikkei 20,522.83 1.08
Arrow H.Seng 24,497.98 0.49
Arrow Sensex 27,705.35 0.51





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln