All
 

 

Just in:  

You are here: Home»Markets»Commodities»Europe

Europe

Archive

Gold jumps more than 2 pct to 4-month high after SNB move LONDON: Gold rose more than two percent to a 4-month high on Thursday after a shock move by Switzerland to abandon its three-year cap on the franc sent global shares and bond yields into turmoil. Spot gold rose as much as 2.4 percent to its highest level since Sept. 8 at $1,260.30 an ounce in earlier trade and was up 2.3 percent at $1,257.46 an ounce by 1443 GMT.US gold futures for delivery in February rose 2 percent to $1,259.40 an ounce."Gold is gaining from a risk-off situation because nobody expected the Swiss central bank not to keep that cap, and this has created potential big losses in many places and is obviously triggering some flight to safety," Saxo Bank senior manager Ole Hansen said. US stocks fell, the benchmark 10-year US Treasury yield fell to around 1.8 percent and the dollar was down 0.1 percent against a basket of ...

Cocoa falls after weaker than expected grind, sugar rallies LONDON: Cocoa futures slipped on Thursday, weighed by weaker than expected European cocoa grind data, while sugar rallied on chart-based buying, supported by strengthening cash demand. Arabica coffee futures rose, underpinned by worries over weather in top grower Brazil. Europe's fourth-quarter cocoa grind fell 7.4 percent from the same period last year to 323,061 tonnes, the Brussels-based European Cocoa Association said. Germany's fourth-quarter 2014 cocoa grind fell 14.08 percent on the year to 86,800 tonnes, ...
EU wheat prices rise on Egypt sale, weak euro LONDON: European wheat prices were higher on Thursday as a further weakening in the euro and the sale of French wheat to Egypt helped the market rebound from the prior day's 4-week low. March milling wheat on Paris-based Euronext was 1.00 euro or 0.5 percent at 193.00 euros a tonne by 1701 GMT. "Egypt's purchase and especially the slide of the euro, in addition to Algeria's tender, are supporting prices but the fall in Chicago ...
Copper collapse a fresh blow for many emerging economies LONDON: The collapse in prices for copper will deal a blow to emerging economies from Chile to Congo that are reliant on exports of the metal, with currencies and economic growth likely to bear the brunt. Copper has tumbled to six-year lows this week, sending shockwaves through global markets that are just coming to terms with oil's 60 percent price slide since June.Worst hit are likely to be Chile and Peru, the world's top and ...
Soybeans rebound from 6-week low, corn, wheat also higher LONDON: US soybean futures edged up on Thursday as the market extended the prior session's rebound from a six-week low while corn and wheat prices were also higher.Dealers said the soybean market was supported by exporter demand for U.S. supplies following the recent decline in prices along with strength in both competing palm oil and rapeseed.March soybeans on the Chicago Board of Trade rose 0.5 percent to $10.14-3/4 a bushel by 1201 GMT.The contract dipped ...
Cocoa falls after weaker than expected grind, sugar firms LONDON: Cocoa futures slipped on Thursday, weighed by weaker than expected European cocoa grind data, while sugar firmed, supported by a weaker dollar and strengthening cash demand.Arabica coffee futures rose, underpinned by worries over weather in top grower Brazil.Europe's fourth-quarter cocoa grind fell 7.4 percent from the same period last year to 323,061 tonnes, the Brussels-based European Cocoa Association said.Germany's fourth-quarter 2014 cocoa grind fell 14.08 percent on the year to 86,800 tonnes, the association ...
LONDON: Gold rose more than two percent to a 4-month high on Thursday after a shock move by Switzerland to abandon its three-year cap on the franc sent global shares and bond yields into turmoil.Spot gold rose as much as 2.4 percent to its highest level since Sept. 8 at $1,260.30 an ounce in earlier trade and was up 2.3 percent at $1,257.46 an ounce by 1443 GMT.U.S. gold futures for delivery in February rose ...

 



 
Index Closing Chg%
Arrow DJIA 17,164.95 1.45
Arrow Nasdaq 4,635.24 1.03
Arrow S&P 1,994.99 1.30
Arrow FTSE 6,749.40 0.90
Arrow DAX 10,694.32 0.41
Arrow CAC-40 4,604.25 0.59
Arrow Nikkei 17,674.39 0.39
Arrow H.Seng 24,507.05 0.36
Arrow Sensex 29,182.95 1.68






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyNovember
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln