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Gold lower on strong shares, dollar keeps it over $1,300/oz LONDON: Gold edged lower on Monday as European shares rebounded on easing tensions in Ukraine, but a flat dollar and depressed U.S. Treasury yields limited losses and kept the metal's prices above the $1,300 mark.Russia's Foreign Ministry said on Monday "certain progress" was achieved during talks between Russia, Germany, France and Ukraine in Berlin on Sunday about ways to end the military conflict in eastern Ukraine.Spot gold fell 0.1 percent to $1,303.29 by 0953 GMT, while U.S. gold futures for December delivery were down by the same margin at $1,304.40.The dollar was flat against a basket of currencies after a sixth straight weekly loss, while the yield on the benchmark 10-year U.S. Treasury note was close to a 12-month low hit the previous week.Returns from U.S. bonds are closely watched by the gold market, given that the metal pays no interest.The market was awaiting the annual meeting of central bankers ...

Sugar steadies near six-month low, cocoa hits three-year high LONDON: ICE raw sugar futures steadied near a 6-month low on Monday as dealers digested bearish Commitments of Traders (COT) data, while cocoa inched up to a fresh 3-year high, underpinned by robust demand.Arabica futures on ICE eased in light volumes, pressured by uncertainty over the extent of drought damage to crops in Brazil, the world's top producer.Benchmark October raw sugar on ICE Futures U.S. dipped 0.01 cent, or 0.06 percent, to trade at 15.91 ...
Jordan tenders to buy 100,000 tonnes hard wheat HAMBURG: Jordan's state grain buyer has issued an international tender to purchase 100,000 tonnes of hard milling wheat which can be sourced from optional origins, European traders said on Monday. The tender closes on Wednesday, Aug. 20. The wheat was sought in a range of shipment combinations in 50,000 tonne consignments between Jan. 1 to Feb. 28, 2015, traders said. Jordan bought 50,000 tonnes of milling wheat in a tender that closed on Wednesday after ...
Corn steady, set for biggest weekly gain in four months SYDNEY/LONDON: US new-crop corn futures were steady on Friday, poised to record the biggest weekly gain in four months, as a lower-than-expected official crop forecast supported prices. Soybeans fell, under pressure from an expected record US crop, while wheat was set to post its biggest weekly loss in five weeks. Chicago Board of Trade December corn futures were unchanged at $3.73-1/2 a bushel by 1105 GMT. Corn rose more than 1 percent in the previous ...
Gold edges higher after soft European, US data LONDON: Gold edged up towards $1,315 an ounce on Friday, heading for a second weekly gain, after soft US and European economic data fuelled expectations that central banks would stay committed to ultra-loose monetary policy, pushing bond yields lower. Gains were capped, however, by easing concerns over unrest in Ukraine and signs of soft demand in China and India. Spot gold was up 0.1 percent at $1,314.00 an ounce at 0931 GMT, while US gold ...
Sugar hits 6-month low, cocoa near 3-year high LONDON: ICE raw sugar futures dipped to a fresh six-month low on Friday as ample supplies offset a slowdown in the pace of harvesting in top producer Brazil, while cocoa traded near a three-year high, underpinned by strong demand. Arabica coffee eased with traders focused on the extent of drought damage to crops in top producer Brazil. Benchmark October raw sugar on ICE Futures US traded down 0.03 cent, or 0.2 percent, at 15.88 cents ...
Copper falls to lowest since June on China demand concern LONDON: Copper held near its lowest level in more than seven weeks on Friday, as a downbeat outlook for the economy in top consumer China raised concerns about demand for industrial metals. Three-month copper on the London Metal Exchange (LME) fell to a session low of $6,823 a tonne, its weakest level since June 23.It recovered slightly to trade 0.3 percent higher at $6,848,75 a tonne at 1028 GMT. The metal, used in the power ...

 



 
Index Closing Chg%
Arrow DJIA 17,098.45 0.11
Arrow Nasdaq 4,580.27 0.50
Arrow S&P 2,003.37 0.33
Arrow FTSE 6,819.75 0.20
Arrow DAX 9,470.17 0.08
Arrow CAC-40 4,381.04 0.34
Arrow Nikkei 15,424.59 0.23
Arrow H.Seng 24,742.06 0.01
Arrow Sensex 26,638.11 0.29





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln