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EU wheat at 1-week low on swelling supply PARIS: Paris wheat futures slipped for a third day on Friday to touch a one-week low as concerns about hefty grain stocks in France added to bearish sentiment about ample global supply.The run-up to a monthly US government crop report later on Friday, which is expected to show new records for US corn and soybean production, put attention on rising supply.A broad retreat in commodities and shares, fuelled by worries over global economic growth, also contributed to the subdued mood on wheat markets.However, a tender being held by Egypt, the world's largest wheat importer, could bring a sale for French wheat which remains well priced compared with other export origins.November wheat on Paris-based Euronext was down 1.75 euros or 1.1 percent at 155.50 euros a tonne by 1358 GMT, its lowest since Oct. 2.The contract has retreated from a three-week high of 163.00 euros hit on Tuesday, which in turn ...

UK wheat production climbs 39pc to six-year high LONDON: Britain harvested its biggest wheat crop in six years this summer, with production rising 39 percent to 16.62 million tonnes, the farming and environment ministry said on Friday. "The provisional wheat production figure shows a recovery in 2014 from the prolonged wet weather and difficult planting conditions in 2013," the ministry said. It would be the largest crop since 2008, when a record 17.2 million tonnes was harvested. The ministry did not provide any ...
Gold rally stalls as firmer dollar hits commodities LONDON: Gold fell on Friday, snapping four days of gains, as the dollar rose against a basket of currencies, though the metal remained supported by concerns over the prospect of a widespread economic slowdown, which sparked a drop in stock markets. Gains in the US currency drove commodities lower across the board, with Brent crude oil futures earlier tumbling more than 1 percent towards a four-year low. Spot gold was down 0.2 percent at $1,221.36 ...
Copper pressured by growth concerns, dollar strength LONDON: Copper prices fell on Friday, reversing gains from the previous session, pressured by a stronger dollar and growing concerns about the outlook for economic growth. Three-month London Metal Exchange (LME) copper was at $6,632 a tonne at 0958 GMT, down 1.3 percent and not far from a five-month low of $6,600 a tonne hit on Oct. 2.The metal used in power and construction has lost 9 percent for the year, weighed down by the ...
South Korea's NOFI passes in 60,000 T corn tender HAMBURG: Nonghyup Feed Inc (NOFI), South Korea's largest animal feed maker, rejected all offers and made no purchase in a tender for up to 60,000 tonnes of world-wide origin corn which closed on Friday, European traders said. Offers were regarded as too high. The lowest offer was $209.10 a tonne c&f for corn of worldwide origin, traders said.The tender had sought corn for Nov. 30 arrival. Copyright Reuters, 2014 ...
Copper, base metals surge on dovish Fed minutes, dollar losses LONDON: Copper and other base metals rebounded on Thursday after U.S. central bank authorities signalled they would not rush to boost interest rates, extending a period of cheap capital for industry and investors.The London Metal Exchange (LME) saw gains across the board, joining broader financial markets in responding to the release of the minutes of the last Federal Reserve policy meeting.The dollar fell and U.S. stocks soared as investors factored in a longer time frame ...
Gold at 2-week highs on lower dollar as U.S. rate hike seen farther off LONDON: Gold climbed to its highest in two weeks on Thursday as the dollar fell after minutes of the last Federal Reserve policy meeting drove markets to push back expectations for the likely timing of an interest rate rise.Spot gold rose to its highest since Sept. 26 at $1,229.80 an ounce early on Thursday, and was trading up 0.5 percent at $1,227.40 by 0956 GMT.It rebounded nearly four percent from a 15-month low of $1,183.46 ...


Index Closing Chg%
Arrow DJIA 16,974.31 0.18
Arrow Nasdaq 4,549.23 0.33
Arrow S&P 1,982.30 0.14
Arrow FTSE 6,453.87 0.81
Arrow DAX 9,082.81 0.16
Arrow CAC-40 4,110.64 0.05
Arrow Nikkei 15,553.91 1.46
Arrow H.Seng 23,819.87 1.27
Arrow Sensex 27,098.17 0.81

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln