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ICE raw sugar slides to 4-year low, arabica coffee falls LONDON: Raw sugar on ICE slid to a four-year low on Friday and was poised to end the week down 7 percent to extend a seven-week rout amid plentiful near-term supplies as Brazil harvests a big crop and global inventories swell.Arabica coffee on ICE futures US fell on increased expectations that crop damage due to a Brazil drought will lessen next season, and cocoa futures rose.The spot ICE October raw sugar contract sank as low as 13.86 cents and was down 0.42 cents or 2.9 percent at 13.94 cents a lb by 12:23 p.m. EDT (1623 GMT).The US dollar extended its rally against the Brazilian real, weighing on sugar and arabica coffee futures as it incentivizes exporters in the world's top producer of both to sell more of the dollar-traded commodities. Weak appetite to take delivery of sugar against the October contract, which expires on Sept. 30, kept volumes heavy ...

Algeria bought 400,000 tonnes wheat, range of EU origins likely PARIS: Algeria's state grains agency OAIC bought around 400,000 tonnes of milling wheat in a tender this week, a volume that is likely to be sourced from a range of European Union origins, traders said on Friday.OAIC paid $254.50 a tonne, cost and freight included, for the wheat, which is to be shipped in the second half of December and in January, traders said.The origin of the wheat is optional but traders said it would ...
Copper slides to near-3-month low on China growth concern LONDON: Copper and zinc led base metals lower on Thursday after Chinese inflation data fanned worries about growth in the world's largest metals consumer.Copper fell to its lowest in nearly three months on the London Metal Exchange, while aluminium dropped to a three-week low and zinc fell to its weakest in two months.Losses in recent days, mainly due to a buoyant dollar, deepened after data showed that China's consumer inflation cooled more than expected in ...
Gold falls to 7-1/2 month low as dollar weighs LONDON: Gold fell to its lowest level in 7-1/2 months on Thursday on a strong dollar and as tensions in Ukraine appeared to ease, failing to benefit from weaker shares after an unexpected rise in U.S. jobless claims.Spot gold slipped 0.7 percent to $1,240.30 an ounce by 1414 GMT, after dropping to its lowest since Jan. 31 at $1,238.15 in earlier trade.U.S. gold futures fell $4.10 an ounce to $1,241.40."Broadly speaking this is a rather ...
ICE sugar slips to more-than 4-year low on dollar, supplies LONDON: ICE sugar futures slipped on Thursday to their lowest in more than four years, pressured by investors rolling positions before a contract expiry, plentiful supplies and a strong dollar.The dollar also weighed on ICE arabica coffee, Liffe robusta coffee and ICE cocoa futures, which were little changed in light technically driven dealings.ICE October raw sugar futures dipped to a fresh low of 14.40 cents a lb, the weakest since June 2010, before recovering slightly ...
Gold around three-month low as dollar, shares weigh LONDON: Gold fell near a three-month low on Thursday, as European shares edged up and the dollar traded around a 14-month high while tensions in Ukraine seemed to be easing.Spot gold slipped 0.2 percent to $1,246.15 an ounce by 1001 GMT, after dropping to a three-month low of $1,243.56 in the previous session.U.S. gold futures added $1.40 an ounce at $1,246.90.The dollar rose to a six-year high against the yen and was on track for ...
Copper slides to near 3-month low on China growth concern LONDON: Copper and zinc led base metals lower on Thursday after Chinese inflation data fanned worries about growth in the world's largest metals consumer.Copper fell to its lowest in nearly three months on the London Metal Exchange while aluminium and zinc dropped to the weakest levels in more than three weeks.Losses in recent days mainly due to a buoyant dollar deepened after data showed that China's consumer inflation cooled more than expected in August, further ...

 



 
Index Closing Chg%
Arrow DJIA 17,071.22 0.25
Arrow Nasdaq 4,505.85 0.14
Arrow S&P 1,977.80 0.25
Arrow FTSE 6,646.60 0.04
Arrow DAX 9,422.91 0.71
Arrow CAC-40 4,358.07 0.83
Arrow Nikkei 16,310.64 0.50
Arrow H.Seng 23,229.21 1.90
Arrow Sensex 26,597.11 0.11





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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 $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklySeptember 25, 2014
Reserves $13.305 bln