Just in:  

You are here: Home»Markets»Commodities»Europe



Demand fears push copper to 6-year low LONDON: Copper prices fell to six-year lows on Monday in a sell-off triggered by the attacks in Paris, a stronger dollar and poor demand prospects in top consumer China.Benchmark copper on the London Metal Exchange hit $4,747.50 a tonne earlier, although by 1029 GMT the metal used in power and construction was down 1.3 percent at $4,762.Risky assets, such as commodities and equities, came under pressure as investors turned to safer assets, such as the dollar, after suspected Islamist militants launched coordinated attacks across Paris."We're struggling to see light at the end of the tunnel, things aren't getting any better in China, we can't see what is going to turn thing around for industrial metals," said Asa Bridle, analyst at Cantor Fitzgerald.A higher US currency makes dollar-denominated commodities more expensive for non-US firms.Slowing demand growth in China has been a major reason for copper's losses of about 25 percent since ...

Gold rebounds on flight to safety as Paris attacks hit shares LONDON: Gold rose about one percent on Monday, rebounding from a six-year low hit last week as the multiple attacks in Paris led to a bout of global risk aversion.Attacks in Paris on Friday killed 129 people, prompting France to launch air strikes in Syria against Islamic State, which claimed responsibility.Spot gold rose as much as 1.4 percent to $1,097.90 an ounce, a 10-day high, and was up 0.8 at $1,092.40 by 1106 GMT. U.S. ...
Congo copper production down 8.2pc in Q3: Chamber of mines KINSHASA: Copper production in Democratic Republic of Congo, Africa's top producer, slumped 8.2 percent year on year in the third quarter due to power shortages and low metal prices, the chamber of mines said.The mining sector accounts for about 20 percent of the central African nation's gross domestic product (GDP) but falling mineral prices have threatened tax revenue and economic growth. The government has pledged to promote agriculture and services.In a report seen by Reuters ...
Algeria bought around 550,000 T milling wheat in tender PARIS: Algeria's state grains agency OAIC bought around 550,000 tonnes of optional-origin milling wheat in a tender that closed on Thursday, European traders said on Friday. OAIC paid an estimated average of $205 a tonne, including cost and freight, for the wheat, with traders citing prices ranging from $204.00 to $205.50. The wheat was for shipment in January. The agency does not publish details of its import tenders and results reported are estimates by traders. ...
Gold eyes fourth weekly loss as investors count on Fed rate rise LONDON: Gold steadied off near six-year lows on Friday but stayed on track for a fourth straight weekly loss, hurt by expectations the Federal Reserve is set to raise US interest rates next month for the first time in nearly a decade.A raft of Fed officials lined up behind a December rate rise on Thursday, with one central banker saying the risk of waiting too long was now roughly in balance with the risk of ...
Copper tumbles to six-year low as China worries escalate LONDON: Copper prices slid to a six-year low on Friday as worries about economic and demand growth in top consumer China escalated and abundant supplies reinforced expectations of surpluses. Benchmark copper on the London Metal Exchange earlier hit $4,787.50 a tonne. The metal used in power and construction traded down 0.3 percent at $4,810 in official rings. It is down nearly four percent so far this week and heading for its largest loss since September. ...
Copper slides to six-year low on strong dollar, China selling LONDON: Copper prices tumbled to their weakest in more than six years on Thursday, weighed down by a strong dollar, weak Chinese credit data and concern about oversupply after inventories rose.As copper fell for a fifth session in six, other metals on the London Metal Exchange also declined after heavy selling from Chinese funds and analysts said more losses are on the cards.Metals were hurt by a rise in the dollar index after the head ...


Index Closing Chg%
Arrow DJIA 17,813.39 0.01
Arrow Nasdaq 5,116.15 0.26
Arrow S&P 2,088.87 0.01
Arrow FTSE 6,393.13 0.88
Arrow DAX 11,320.77 1.35
Arrow CAC-40 4,946.02 1.08
Arrow Nikkei 19,944.41 0.49
Arrow H.Seng 22,488.94 0.04
Arrow Sensex 25,958.63 0.71

Wholesale Camping Equipment from China at 

New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk

Ad Asia 2015

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 23, 2015
Reserves $19.713 bln