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Sugar steadies with eyes on India policy, arabicas ease LONDON: Raw sugar futures on ICE stabilised on Wednesday with talk that Indian authorities could soon launch raw sugar export incentives capping gains, while forecasts for rain in top grower Brazil weighed on arabicas.Cocoa futures steadied as dealers digested worse than expected fourth-quarter grind data, a measure of demand, from Europe, North America and Asia, published earlier this month.March raw sugar was up 0.06 cent, or 0.4 percent, at 15.22 cents a lb at 1311 GMT. It closed on Tuesday well above the psychological 15-cent level after falling 2.7 percent to a session low at 14.93 cents on India concerns.March white sugar was up $0.40, or 0.1 percent, at $394.40 a tonne.Dealers said talk that Indian authorities could introduce raw sugar export incentives soon to help financially strapped mills and to reduce high inventories was casting a pall over the market.Concerns about the risk of dry weather in top grower ...

Copper edges higher ahead of Fed meeting LONDON: Copper rose on Wednesday, rebounding further from 5-1/2-year lows as the dollar eased off highs and traders took the opportunity to buy at still low prices ahead of the conclusion of a Federal Reserve meeting.Three-month copper on the London Metal Exchange (LME) was up 0.6 percent at $5,451 a tonne at 1046 GMT, recovering from a 3 percent drop in the previous session.Copper is still down 13 percent so far this month, extending a ...
Gold eases on steadier dollar; focus on timing of Fed rate move LONDON: Gold eased on Wednesday as the dollar steadied on expectations the Federal Reserve is unlikely to deliver significant changes to its policy outlook, though concerns about the global economy might push back the timing of a rate rise.The Federal Open Market Committee (FOMC) is scheduled to release a statement at the end of a two-day meeting later on Wednesday, and policymakers are likely to restate their "patient" approach to raising rates. A dovish bias ...
Corn near 1-week low on slow ethanol demand, export competition HAMBURG/SINGAPORE: US corn fell for a third straight session on Wednesday to around its lowest in the past week, pressured by slowing demand for corn-based fuel ethanol as crude oil prices weaken and poor export prospects for U.S corn.Soybeans were moving in and out of positive territory after losing nearly 1 percent on Tuesday as Chinese demand shifts to South America, which is on track for record crops."Corn is seeing downward pressure again because of ...
London copper edges up as dollar falters ahead of Fed MELBOURNE: London copper moved away from 5-1/2-year lows on Wednesday, propped up by a weaker dollar after a drop in US capital goods orders sparked talk the Federal Reserve might push back its timeline for raising interest rates.Copper prices have been walloped by persistent signs of weakening growth in top user China as well as sickly European demand and a surge in the dollar.The Federal Reserve is widely expected to begin tightening monetary policy in ...
Copper retreats towards 5-1/2 year low on China worries LONDON: Copper slid on Tuesday back towards the prior session's 5-1/2 year low on concerns over slowing growth and weak demand in top consumer China as well as rising metal inventories.Data showed China's factory profits grew at their weakest rate in two years in 2014 as economic growth slipped to a 24-year low, underscoring the challenges the country faces. "Normally you see some pre-stocking (of metals) ahead of Chinese new year, but you're not even ...
EU wheat at one-week low on euro rebound, high supply PARIS: European wheat futures extended a fall on Tuesday to touch a one-week low, sapped by a rebound in the euro, weak US prices and ample global stocks. March milling wheat on Paris-based Euronext unofficially closed down 3.00 euros or 1.5 percent at 193.50 euros a tonne, after falling in late trade to 193.00 euros, its lowest since Jan. 20."The rebound in the euro and the expected end-of-season stockpile are weighing on prices. Countries still ...


Index Closing Chg%
Arrow DJIA 17,191.37 1.13
Arrow Nasdaq 4,638.00 0.93
Arrow S&P 2,002.16 1.35
Arrow FTSE 6,825.94 0.21
Arrow DAX 10,710.97 0.78
Arrow CAC-40 4,610.94 0.29
Arrow Nikkei 17,795.73 0.15
Arrow H.Seng 24,861.81 0.22
Arrow Sensex 29,559.18 0.04

ICT 2014

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