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Platinum prices slide to 8 months low LONDON: Platinum prices fell to their lowest since mid-August on Friday, tracking losses in bellwether precious metal gold, as weakness in the wider financial markets and strength in the dollar heaped pressure on commodities.The autocalyst metal is also suffering from persistent weakness in demand from European carmakers, as the euro zone economy remains stagnant.Spot platinum was down 2.7 percent at $1,490.99 an ounce at 1437 GMT, after falling as low as $1,490.24 an ounce. Copyright Reuters, 2013 ...

Copper slips on growth worries, focus on China LONDON: Copper fell more than 2 percent on Friday as concerns about slowing economic growth raised fears over the outlook for base metals demand while abundant supply and inventories of the metal put further pressure on prices.Three-month copper on the London Metal Exchange was at $7,431 a tonne by 1422 GMT, down from Thursday's close of $7,610 a tonne.Prices hit a two-week high of $7,645.25 this week but are still down by almost 5 percent ...
Europe cash cocoa High prices weigh on demand AMSTERDAM: Price differentials on Europe's cash cocoa market were unchanged this week as high prices kept many market players away, traders said. Differentials for good quality Ivory Coast beans for nearby delivery were at 50 pounds over the London May 2013 cocoa contract, the same as last week. Liffe July cocoa futures were down 2 pounds at 1,486 pounds a tonne on Friday, having touched a near four-month high the previous session of 1,493 pounds. ...
Benckiser group to buy Dutch Masterblenders for 7.5bn euros THE HAGUE: Dutch tea and coffee producer D.E. Masterblenders said Friday it has reached a conditional agreement with a German investor group led by Johann A. Benckiser on a 7.5-billion-euro ($9.8-bn) takeover deal.The companies "have reached conditional agreement on a recommended full public offer for D. E. Masterblenders of 12.50 euros per ordinary share. The intended offer values outstanding Masterblender shares at approximately 7.5 billion euros," Masterblenders said in a statement.Copyright AFP (Agence France-Presse), 2013 ...
Gold rebounds from 1-week low as dollar slips NEW YORK/LONDON: Gold rose on Thursday as a drop in the dollar triggered bargain hunting after the previous session's sharp drop on news of possible gold sale by Cyprus and uncertainty over Fed's monetary stimulus.An improving US economic outlook and rallies in the equities market, however, could pressure bullion prices in the near term, analysts said.The metal was boosted by currency fluctuations as the dollar fell against the euro but rose to a four-year high ...
US cash crude differentials mostly weaker as futures fall NEW YORK: Most US cash crude differentials weakened on Thursday in thin trading as the transatlantic spread between Brent and US crude futures narrowed as both contracts were pressured by revised lower forecasts for oil demand growth in 2013.Brent crude's premium to US crude ended at $10.75 a barrel on Thursday based on settlements, slipping to $10.59 during the session, the lowest since June 21.It ended on Wednesday at $11.15 a barrel.The premium was as ...
Argentine soy price tracks nearby US futures higher BUENOS AIRES: Argentina's closing soy prices and trends on Thursday:In the main grains market of Rosario, soy closed at 1,600-1,630 pesos ($311/$317) per tonne compared with Wednesday's 1,599 pesos, buoyed by gains in nearby US soy futures contracts.Trade volume topped a healthy 25,000 tonnes compared with 12,000 tonnes in the prior session.Soybean futures on the Chicago Board of Trade ended mixed on Thursday with nearby contracts gaining sharply against deferred months due to tight supplies ...

 



 
Index Closing Chg%
Arrow DJIA 17,031.14 0.26
Arrow Nasdaq 4,518.90 1.07
Arrow S&P 1,984.13 0.07
Arrow FTSE 6,804.21 0.04
Arrow DAX 9,659.63 0.09
Arrow CAC-40 4,428.63 0.29
Arrow Nikkei 15,948.29 0.25
Arrow H.Seng 24,356.99 0.97
Arrow Sensex 26,816.56 0.90





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 15, 2014
Reserves $13.414 bln