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Raw sugar rallies to 7-week high on short covering LONDON: Raw sugar futures rallied to a seven-week peak on Tuesday on short covering, while New York cocoa readjusted after the U.S. holiday in the prior session.ICE arabica coffee futures fell sharply on chart-based selling, with traders focused on weather forecasts in top grower Brazil.In sugar, dealers talked of chart-based buying."The specs are in cover mode. We have broken a prolonged down channel," a senior London-based trader said."People are worried about dry weather in Brazil."March raw sugar was up 2.35 percent to 15.69 cents a lb at 1532 GMT, having earlier touched a seven-week peak of 15.75 cents a lb."Unless the dollar weakens or the Brazilian real strengthens, I would expect the market to struggle to make substantial gains," a senior London-based broker said.March white sugar was up $8.90 or 2.2 percent at $406.20 a tonne.New York cocoa futures firmed in early trading, as the market re-adjusted to London cocoa ...

Copper steady as China data relieves market LONDON: Copper steadied on Tuesday after top metals user China reported its economy had not slowed as far as many had feared, but gains were limited by long-standing concerns that the global copper market will record a surplus this year.China reported growth of 7.3 percent for 2014, just pipping forecasts of 7.2 percent growth. In addition, its retail sales and industrial production numbers both ran ahead of predictions in December.While the 2014 growth number was ...
Gold hits 4-1/2-month high on worries over Europe LONDON: Gold rose more than 1 percent on Tuesday to its highest since early September, as uncertainty about how extensive a stimulus programme the European Central Bank will announce on Thursday drove investors into less risky assets.Buying accelerated on a break of the previous day's high, dealers said, as stops were triggered, taking the metal to a session high of $1,294.10 an ounce.Spot gold was up 1.2 percent at $1,292.20 at 1019 GMT, while U.S. ...
Soybeans at 3-month low on Brazil rain, China demand doubts PARIS/SINGAPORE: US soybeans slipped to the lowest in almost three months on Tuesday, sapped by worries about weakening Chinese demand and forecast rain that could keep Brazil on course for a record crop.Corn eased, giving up some of its export-fuelled gains in the previous session, as lower crude oil and a firm dollar weighed on sentiment. Wheat inched lower to stay close to a two-month low against a backdrop of lacklustre export demand.Chicago Board Of ...
European feeds-Soymeal slips in quiet end to week PARIS: Soymeal on the European meals market eased on Friday, pressured by a drop in benchmark US prices, but buyers remained scarce after erratic moves in commodity and currency markets this week.South American soymeal was offered at $3 to $8 a tonne down from Thursday.In Chicago, US soymeal futures nudged a three-month low after US soybeans touched a 2-1/2 month low in the previous session, hit by large global supply and disappointment with monthly US ...
Copper up for second day, lifted by boost in China grid spending LONDON: Copper edged further away from 5-1/2 year lows on Friday after moves by China to boost power grid spending and lending helped to ease fears about demand, but the metal still notched its biggest weekly loss since 2011. Three-month copper on the London Metal Exchange was up 1.3 percent at $5,715 a tonne by the close for its second day of gains. On Wednesday it was dragged to its lowest since mid-2009 at $5,353.25, ...
EU wheat at one-week high on euro slide, Chicago bounce PARIS: European wheat futures rose on Friday, with benchmark Paris prices touching a one-week high, buoyed by an 11-year low for the euro against the dollar and a slight bounce in Chicago.March milling wheat on Paris-based Euronext settled 3.25 euros or 1.7 percent higher at 197.50 euros a tonne. It peaked at 198.00 euros, its highest since Jan. 8. The gains took the contract further away from a four-week low of 191.75 euros on Wednesday ...


Index Closing Chg%
Arrow DJIA 17,409.00 1.31
Arrow Nasdaq 4,683.41 0.98
Arrow S&P 2,017.30 0.95
Arrow FTSE 6,810.60 0.22
Arrow DAX 10,737.87 0.25
Arrow CAC-40 4,631.43 0.44
Arrow Nikkei 17,606.22 1.06
Arrow H.Seng 24,595.85 1.07
Arrow Sensex 29,681.77 0.41

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln