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Copper steady as China data offsets strong dollar LONDON: Copper was steady on Monday as the dollar's rise was countered by signs that a slowdown in top metals consumer China was moderating and expectations that data this week would show the euro zone emerging from recession prevented further losses.China's factory output grew in July at its fastest pace since the start of the year, adding to a run of data suggesting the world's No.2 economy may be stabilising after more than two years of slumping growth.Three-month copper on the London Metal Exchange was $7,275 a tonne in official rings after hitting its highest level since June 7 at $7,318.50. It closed at $7,274 on Friday.It finished last week up 3.8 percent, the biggest weekly gain since September 2012, helped by China trade data that showed stronger imports across all major commodities. Refined copper imports have risen 50 percent since April."The sharp increase in (copper) imports suggests domestic demand ...

Gold climbs for 4th day to near 3-week high LONDON: Gold hit its highest in nearly three weeks in thin trade on Monday, shrugging off a stronger dollar on technical buying, while the world's biggest gold exchange-traded fund recorded the first inflow in two months.Holdings in SPDR Gold Trust grew by 0.2 percent to 911.13 tonnes on Friday - the first increase since June 10. The fund has seen more than 14 million ounces in outflows this year, about $19 billion at current prices.Spot ...
Copper, aluminium hit 2-month highs as China offsets firm dollar LONDON: Copper and aluminium touched two-month peaks on Monday as signs of a pickup in top metals consumer China and expectations of encouraging euro zone data countered a rise in the dollar.Three-month copper on the London Metal Exchange rose 0.44 percent to $7,306 a tonne by 1429 GMT after hitting its highest level since June 7 at $7,318.50 and marking its fifth straight day of gains.Aluminium climbed 1.34 percent to $1,897 a tonne, the highest ...
Gold climbs for 4th day, SPDR posts inflow LONDON: Gold climbed to its highest in nearly two weeks on Monday, shrugging off dollar strength, as US economic data pointed to sluggish growth and the world's biggest gold exchange-traded fund recorded the first inflow in two months.Holdings in SPDR Gold Trust grew by 0.2 percent to 911.13 tonnes on Friday - the first increase since June 10. The fund has seen more than 14 million ounces in outflows this year, about $19 billion at ...
Corn rises after 5-day slide as USDA report nears PARIS/SINGAPORE: Chicago corn futures edged up on Thursday as the market steadied after falling for five consecutive sessions on ideal crop weather, with some investors opting to cover positions in the run-up to closely watched US grain forecasts.Soybeans, which like corn have been pressured by increasing expectations of a bumper harvest this year, also rebounded slightly, gaining additional support from record Chinese imports of the oilseed last month.Chicago wheat ticked higher after dropping to its ...
Copper at near two-month high on encouraging China data LONDON: Copper hit its highest in almost two months on Thursday as upbeat trade data and better-than-expected imports of the metal in top consumer China reinforced hopes of a revival in demand for industrial materials.Surprisingly firm rebounds in China's exports and imports in July offered some hope that the world's second-largest economy might be stabilising after more than two years of slowing growth.Three-month copper on the London Metal Exchange traded at $7,157 in official rings, ...
Copper at near two-month high on encouraging China data LONDON: Copper hit its highest in almost two months on Thursday as upbeat trade data and better-than-expected imports of the metal in top consumer China reinforced hopes of a revival in demand for industrial materials.Surprisingly firm rebounds in China's exports and imports in July offered some hope that the world's second-largest economy might be stabilising after more than two years of slowing growth.Three-month copper on the London Metal Exchange was at $7,159.25 a tonne at ...

 



 
Index Closing Chg%
Arrow DJIA 17,778.15 2.43
Arrow Nasdaq 4,748.40 2.24
Arrow S&P 2,061.23 2.40
Arrow FTSE 6,466.00 2.04
Arrow DAX 9,811.06 2.79
Arrow CAC-40 4,249.49 3.35
Arrow Nikkei 17,210.05 2.32
Arrow H.Seng 22,832.21 1.09
Arrow Sensex 27,126.57 1.56






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln