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Gold steadies after downbeat March, awaits US jobs data LONDON: Gold steadied on Wednesday in line with the dollar after ending March down more than 2 percent, paring early gains as expectations that U.S. interest rates will rise this year weighed on the metal.The dollar was little changed against a basket of currencies in the run-in to the Easter weekend and Friday's U.S. nonfarm payrolls numbers.Spot gold was at $1,183.88 an ounce at 1238 GMT, little changed from Tuesday, while U.S. gold futures for June delivery were up 40 cents an ounce at $1,183.60. Earlier, spot prices touched a high of $1,188.90.A strong reading from the U.S. jobs data on Friday could boost bets the Federal Reserve will hike interest rates sooner rather than later, lifting the opportunity cost of holding non-yielding gold.Gold is particularly sensitive to shifts in U.S. interest rates, which also move the dollar, in which the metal is priced."All the markets are watching the Fed ...

EU wheat falls in tandem with Chicago after USDA report PARIS: European wheat futures tracked US grain markets lower on Tuesday after they were hit by the release of a US government report perceived as bearish for corn.US farmers were seen cutting corn plantings by less than expected in 2015 even as supplies ballooned to the highest since 1987, US government data showed on Tuesday.The USDA also pegged corn stocks as of March 1 at 7.745 billion bushels, the second highest ever for that time ...
Sugar recovers from lowest since 2009, cocoa steady LONDON: Raw sugar on ICE recovered on Tuesday from the lowest level in more than six years, while cocoa traded around seven-week lows, weighed by favourable weather before the start of West African mid crops.Activity in the second day of trading of two new euro-based cocoa contracts was again quiet.Arabica coffee futures corrected higher after a four percent fall on chart-based pressure in the prior session.Raw sugar futures on ICE fell to 11.91 cents a ...
Gold rebounds on shares, still set for 2nd monthly fall LONDON: Gold rebounded on Tuesday as global share markets dropped, but bullion was still heading for its second monthly fall, pressured by a strong dollar and expectations the U.S. Federal Reserve will increase interest rates this year.Gold has fallen 2.5 percent since hitting a three-week high above $1,200 an ounce last week after Federal Reserve Chair Janet Yellen on Friday signalled a rate hike could be likely later this year.Yellen's remarks on sustained gains in ...
Gold eyes 3rd quarterly loss as expected US rate hike drags LONDON: Gold fell on Tuesday and was heading for a third straight quarterly fall, pressured by a strong dollar and expectations the U.S. Federal Reserve will increase interest rates this year.Bullion has fallen 3 percent since hitting a three-week high above $1,200 an ounce last week after Federal Reserve Chairwoman Janet Yellen on Friday signalled a rate hike could be likely later this year.Yellen's remarks on sustained gains in the U.S. economy halted a 7-day ...
Nickel near 6-year low on doubts supply will tighten LONDON: Nickel plunged to near a six-year low on Tuesday on worries over record stockpiles, weak demand for stainless steel and growing doubts over the fate of Indonesia's ore export ban that many believed would tighten the market.Nickel prices have nearly halved since hitting two-year highs above $21,000 last May after Indonesia - previously the world's top exporter of nickel ore - last year banned all unprocessed ore exports.The ban was expected to lead to ...
Record supply batters nickel to near six-year low LONDON: Nickel extended recent hefty losses on Tuesday, sliding to near six-year lows under $13,000 a tonne and putting the metal on course to end March down almost 10 percent, as record supply and weak stainless steel demand pummelled prices.Nickel has almost halved in value since hitting two-year highs above $21,000 last May, as an expected supply crunch in China failed to materialise while LME stocks hit record highs.While the market has concentrated heavily on ...

 



 
IndexClosingChg%
ArrowDJIA 18,080.14 0.12
ArrowNasdaq 5,092.09 0.71
ArrowS&P 2,117.69 0.23
ArrowFTSE 7,070.70 0.24
ArrowDAX 11,810.85 0.74
ArrowCAC-40 5,201.45 0.44
ArrowNikkei 20,020.04 0.83
ArrowH.Seng 28,060.98 0.84
ArrowSensex 27,437.94 1.07





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 16, 2015
Reserves $16.818 bln