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Gold down on dollar after biggest monthly loss in two years LONDON: Gold edged lower on Monday, after falling by the most in two years in July, as the dollar steadied and investors monitored US economic indicators for clues on the timing of a hike in US interest rates.Spot gold was down 0.3 percent at $1,091.90 an ounce by 1347 GMT. The metal hit a low of $1,077 on July 24, its weakest in 5-1/2 years. It lost almost 7 percent in July, its steepest monthly drop since June 2013, and fell for a sixth straight week last week, its longest retreat since 1999. US gold for December delivery was down 0.4 percent at $1,091.20 an ounce. Gold's rout deepened last month as the dollar strengthened after comments by the Federal Reserve signalled it was on course to raise interest rates for the first time in nine years. "The dollar is back on the ascendant today, weighing on all commodity prices," ...

Russian wheat prices decline as harvest gathers pace MOSCOW: Russian wheat prices declined further last week as the harvest picked up pace after delays caused by heavy rain, analysts said on Monday. As of July 30, Russian farmers had harvested 37 million tonnes of grain from 24 percent of the total area, with yields at 3.38 tonnes per hectare.Black Sea forward prices for Russian wheat with 12.5 percent protein content were at $188 per tonne on a free-on-board (FOB) basis at the end ...
Corn, soy ease on benign US weather, wheat at 6-week low PARIS/SINGAPORE: Chicago corn and soybean futures slid for a second straight session on Monday as favourable weather in the US Midwest eased crop concerns, while fresh worries about flagging Chinese growth led to a broad retreat in commodity markets.Wheat lost ground to touch a new six-week low as the prospect of another season of ample global production weighed on prices.Chicago Board Of Trade August soybeans slid 0.5 percent to $9.75-3/4 a bushel by 1140 GMT, ...
Copper drops on China worries, faces 9 pct July loss LONDON: Copper and most other base metals extended their downtrends on Friday on persistent worries about demand in top consumer China, leaving copper facing its biggest monthly loss since January. Declines on the day were muted, however, as traders squared their books ahead of the month-end and Chinese factory data due to be released over the weekend. Investors remained on edge about demand in top metals consumer China, after an official warned that risks from ...
South Korea buys 30,000 T rice from US and China HAMBURG: South Korea's Agro-Fisheries & Food Trade Corp. has purchased around 30,000 of rice to be sourced from the United States and China in an international tender on Friday, European traders said. The purchase included about 20,000 tonnes of US rice purchased at $961 a tonne, they said. A further 10,000 tonnes of Chinese origin rice was purchased at $998.78 a tonne, they said. Copyright Reuters, 2015 ...
Robusta coffee steady before expiry, raw sugar flat LONDON: Robusta coffee futures held steady before a contract expiry on Friday, with dealers focused on a big front-month premium, while arabica edged up supported by a softer dollar. Raw sugar futures were steady, with upside capped by a weak Brazilian currency. Cocoa was little changed in light volumes. September robusta was flat at $1,648 a tonne, not far from Tuesday's two-month low of $1,624. The most-active September arabica coffee contract on ICE Futures US ...
London copper facing near 9pc July loss as demand stutters MELBOURNE: London copper ticked lower on Friday and was facing its biggest monthly loss since January amid sputtering Chinese demand and a stronger dollar, with traders squaring books ahead of the month-end and Chinese factory data over the weekend.Copper prices are staring down the barrel of a nearly nine percent monthly loss, amid seasonally soft summer demand from end users in China and ample refined supply. A stronger dollar has also cast headwinds across commodities ...


Index Closing Chg%
Arrow DJIA 16,528.03 0.69
Arrow Nasdaq 4,776.51 1.07
Arrow S&P 1,927.18 0.84
Arrow FTSE 6,247.94 0.90
Arrow DAX 10,259.46 0.38
Arrow CAC-40 4,652.95 0.47
Arrow Nikkei 18,890.48 1.28
Arrow H.Seng 21,670.58 0.27
Arrow Sensex 26,283.09 0.41

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Banking Review 2014

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