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Edge lower, weighing US weather, big crops PARIS/SINGAPORE: New-crop corn and soybean futures edged lower on Monday as the market set frost risks for U.S. crops against expectations the government will raise its harvest outlook to new record highs later this week.Wheat was also mostly lower as concern over a rainy U.S. spring wheat harvest was offset by expectations that the U.S. Department of Agriculture will increase global supplies further in its monthly supply-and-demand report on Sept. 11.All three crops rallied on Friday as worries about adverse crop weather in the United States encouraged a wave of buying after contract lows last week."The market got oversold last week as it broke key technical levels, but this week will be more about positioning ahead of the USDA report," said one Melbourne-based analyst.Chicago Board Of Trade November soybeans was down 0.1 percent to $10.20-1/4 a bushel by 1104 GMT, after Friday's 1.8 percent gain. December corn eased 0.8 percent ...

Gold inches down on stronger dollar, drop in shares limits losses LONDON: Gold edged down on Monday as the dollar recovered losses made after a disappointing U.S. jobs report eased concerns about an early interest rate increase, but lower European shares and uncertainty over Ukraine limited the downside.Spot gold was down 0.2 percent at $1,266.00 an ounce by 1153 GMT. It fell to a near three-month low of $1,256.90 on Friday before gaining support from data showing U.S. employers hired the fewest number of workers in ...
European feeds-Soymeal eases on bumper US crops outlook ROTTERDAM: Soymeal on the European meals and feeds market continued to ease on Friday because of the outlook for bumper US soybean and corn crops and due to a strong dollar that weighs on prices quoted in that currency."Prices continue to come down and bearish news does not seem to stop coming at the moment. It brings prices down further and keeps buyers sidelined, waiting for the market to bottom out," a broker said.South American ...
European vegoils-Palm oil eases on technical selling ROTTERDAM: Palm oil on the European vegetable oils market eased a little on Friday as news that Malaysia will exempt crude palm oil from export taxes in September and October prompted an early rise, only for profit-takers to sell into the rally."Malaysian palm oil futures rallied on Thursday ahead of the tax exemption news when players bought the rumour and today they sold the fact. The European cash market followed that trend," one broker said.Palm ...
Prices fall as oil slides towards $100/barrel LONDON: Thermal coal prices dropped on Friday on sluggish demand and the market also began pricing in the possibility that Brent crude oil prices could fall below $100 a barrel next week for the first time since summer 2013. South African cargoes for delivery in November from the Richards Bay terminal were down $1.4 a tonne to $67, while Australian cargoes for the same month from the Newcastle port were $0.65 lower at $66 a ...
Gold rises as US payrolls data misses forecasts LONDON: Gold prices rose on Friday, recovering from their lowest in nearly three months, after US payrolls data for August missed expectations, tempering speculation that US interest rates were set to rise sooner rather than later. The metal hit its weakest since mid-June earlier on Friday and is on track to end the week lower, suffering after gains in stock markets. The European Central Bank's surprise interest rate cut on Thursday further boosted the appeal ...
Gold edges off near 3-month low ahead of US jobs data LONDON: Gold prices recovered from near three-month lows on Friday as a stock market rally sparked by a European Central Bank rate cut ran out of steam, but gains were capped ahead of key US payrolls data later in the day.The metal hit its weakest since mid-June earlier on Friday at $1,256.90 an ounce, and remains on track to end the week lower on the back of rising equities and signs that the US economy ...

 



 
Index Closing Chg%
Arrow DJIA 17,279.74 0.08
Arrow Nasdaq 4,579.79 0.30
Arrow S&P 2,010.40 0.05
Arrow FTSE 6,837.92 0.27
Arrow DAX 9,799.26 0.01
Arrow CAC-40 4,461.22 0.08
Arrow Nikkei 16,321.17 1.58
Arrow H.Seng 24,306.16 0.57
Arrow Sensex 27,090.42 0.08





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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 $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 18, 2014
Reserves $13.525 bln