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ICE sugar hits near 3 years low as Brazil output surges LONDON: Benchmark raw sugar futures on ICE broke below 17 cents a lb on Wednesday for the first time in nearly three years weighed by the rapid pace of production in top grower Brazil and the strength of the dollar.July raw sugar futures stood 0.05 cent or 0.3 percent lower to 16.97 cents a lb at 1138 GMT after hitting 16.94 cents, the weakest level for the front month since July 2010."The expectation of a record sugar cane crop in Brazil has long been weighing on prices. Following a number of delays due to rain, the harvest has indeed now got underway at considerable speed," Commerzbank said in a market note on Wednesday.VTB Capital analyst Andrey Kryuchenkov said there had also been more technically driven selling after the market broke key support levels on Tuesday while a stronger dollar added to the downward pressure on prices on Wednesday."It is a ...

Gold edges lower as dollar steadies LONDON: Gold edged lower on Tuesday, snapping earlier gains because the dollar steadied against the euro after mixed European economic data, while investor sentiment remained careful though physical demand slowed in some markets.Gold was down 0.1 percent to $1,428.64 by 1037 GMT, having risen by one percent to a session high of $1,444.96 an ounce in earlier trade. The metal has faced the pressure of a stronger dollar over the past few sessions, hitting a ...
Gold falls, near 2-week low as dollar firms LONDON: Gold fell 1.2 percent on Monday, holding near its weakest level in two weeks, as the dollar firmed on signs of an improving US job market and as holdings in exchange-traded funds slipped again.Bullion's safe-haven appeal has been dimmed by speculation the Federal Reserve could scale back its aggressive monetary stimulus after recent US labour market data pointed to a steady recovery trend in the world's largest economy.Gold dropped more than $18 to $1,429.61 ...
Copper edges up on weak China data, monetary easing hopes LONDON: Copper edged up on Monday because weak Chinese factory data for April raised the hope that metal consumer to embark on monetary easing further, which would lead demand for metals.London Metal Exchange rose 0.5 percent to $7,409 a tonne by 1039 GMT, from the previous session when it ended at $7,375, up nearly 2 percent on the week. Copper hit $7,480 last Wednesday, its highest in nearly a month.China's factory output growth was surprisingly ...
Gold slide 2pc to two-week low LONDON: Gold prices extended losses on Friday to fall 2 percent, their biggest one-day drop since mid-April, after pressure from a stronger dollar and rising stocks pushed the metal through key chart levels, prompting heavy liquidation of US futures.Spot gold hit a low of $1,428.40 an ounce and was down 1.7 percent at $1,433.10 an ounce at 1156 GMT. US gold futures for April delivery were down 2.4 percent at $1,433 an ounce, having hit ...
Gold eases towards $1,450/oz as dollar, stocks rise LONDON: Gold prices fell on Friday, heading for their first weekly loss in three, as the dollar hit four-year highs against the yen and stocks rose after upbeat jobs data fuelled optimism over the US recovery.Gold prices are set to end the week down more than 1 percent after their recovery from April's more than two-year lows ran out of steam above $1,480 an ounce.Spot gold was down 0.5 percent at $1,450.90 an ounce at ...
Copper steadies on falling inventories, upbeat data LONDON: Copper steadied on Friday after losses in the previous session as inventories kept falling and further improvements emerged in economic data, but a firmer dollar weighed on the market.Three-month copper on the London Metal Exchange - on course to stretch its weekly winning streak into a third week - edged up 0.2 percent to $7,369 a tonne by 0953 GMT, after rising to a session high of $7,416.25.The contract is up 1.1 percent for ...

 



 
Index Closing Chg%
Arrow DJIA 17,810.06 0.51
Arrow Nasdaq 4,712.97 0.24
Arrow S&P 2,063.50 0.52
Arrow FTSE 6,750.76 1.08
Arrow DAX 9,732.55 2.62
Arrow CAC-40 4,347.23 2.67
Arrow Nikkei 17,357.51 0.33
Arrow H.Seng 23,437.12 0.37
Arrow Sensex 28,334.63 0.95






Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln