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Gold steady, seen vulnerable after strong US jobs data LONDON: Gold edged up on Friday, gaining some traction from weaker European shares, but was vulnerable to further losses after falling in the previous session as strong US jobs data lifted the dollar, denting gold's investment appeal. US employment growth jumped in June and the jobless rate closed in on a six-year low, providing decisive evidence of brisk economic growth heading into the second half of the year. The data was published a day earlier than usual due to the July 4 Independence Day holiday, which will curb volumes trading throughout the session. The data stoked fears that the US Federal Reserve could hike interest rates earlier than expected. "The market is going from data point to data point to assess the policy of the Fed ...and you now have some hawkish members indicating that rate hikes might already take place at the end of the first quarter next year, ...

Copper steady near 4-month high on economic optimism LONDON: Copper was steady near its highest level in nearly four months on Wednesday, underpinned by an upbeat global manufacturing outlook.China's factory activity hit multi-month highs in June, official and private surveys showed, reinforcing signs the world's second-largest economy and biggest copper consumer is steadying as the government steps up policy support.Three-month copper futures on the London Metal Exchange were at $7,019 a tonne by 0917 GMT, close to the high since March 7 of ...
Gold near 3-month high on fund inflows ahead of US data LONDON: Gold held close to a three-month peak on Wednesday, boosted by a weak dollar and a second day of inflows into the top bullion-backed fund ahead of significant U.S. economic data.Holdings of the SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, rose 5.69 tonnes to 796.39 tonnes on Tuesday.The fund is a proxy for investor sentiment due to its size, and flows in and out of the fund tend to impact prices.Spot gold ...
Zinc retreats from 16-1/2 month high, copper slips LONDON: Zinc retreated from 16-1/2 month highs on Tuesday as investors liquidated long positions after healthy gains and producers sold material at attractive prices.Three month zinc on the London Metal Exchange shed 0.82 percent to $2,198.75 a tonne by 0921 GMT after touching a session high of $2,222, the strongest since Feb. 13, 2013.Zinc, mainly used for galvanising steel, has rallied about 15 percent since late March on views that shortages would develop and support ...
Gold holds near 3-month high, underpinned by weak dollar LONDON: Gold steadied above $1,325 an ounce on Tuesday as some buyers cashed in gains after the metal's earlier rally to three-month highs, but prices remained supported by dollar weakness and unrest in Ukraine and the Middle East.Prices rose nearly 1 percent on Monday after mixed economic data prompted a drop in the dollar index to seven-week lows, and as geopolitical tensions flared. The metal extended gains in Asian trade to its highest since March ...
Sugar steadies after expiry, cocoa eases, near peak LONDON: ICE raw sugar futures steadied on Tuesday as the market digested a small delivery against expiry of the July contract, signalling weak near-term demand for the sweetener.Cocoa dipped and was close to a near-three year high supported by a strong demand outlook. Arabica coffee was little changed with dealers uncertain over the extent of damage to crops in Brazil from a recent drought.Raw sugar futures held steady, meanwhile, as dealers took stock of a ...
Sugar rises as expiry draws near, cocoa hits peak LONDON: ICE sugar futures rose in light volumes with dealers expecting a small delivery against expiry of the July contract on Monday, while cocoa edged up to a near three-year high, underpinned by a strong demand outlook.ICE arabica coffee futures were little changed, buoyed by uncertainty over the extent of crop losses in top producer Brazil due to a drought earlier this year.The spot July raw sugar contract on ICE rose in spread-related trade ahead ...


Index Closing Chg%
Arrow DJIA 18,070.40 1.26
Arrow Nasdaq 5,016.93 0.23
Arrow S&P 2,114.49 0.29
Arrow FTSE 6,985.95 0.36
Arrow DAX 11,619.85 1.44
Arrow CAC-40 5,081.97 0.70
Arrow Nikkei 19,531.63 0.06
Arrow H.Seng 28,133.82 0.03
Arrow Sensex 27,490.59 1.77

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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 04, 2015
Reserves $17.491 bln