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White sugar hits 2-1/2 year low on excess supply LONDON: White sugar futures on Liffe set a 2-1/2 year low on Monday as the market was further driven down by abundant supplies, while cocoa fell back to little changed levels after earlier equalling a four-week high.   Robusta coffee futures on Liffe were slightly lower while ICE raw sugar, arabica coffee and cocoa contracts were shut due to a holiday in the United States.   March white sugar on Liffe settled $2.20 or 0.45 percent lower at $489.80 per tonne after earlier slipping to $489.50, the lowest level for the front month since June 2010.   Dealers said the market remained susceptible, however, to sporadic short covering rallies with speculators holding net short positions on both Liffe whites and ICE raws.   "We are technically oversold on all sorts of indicators and, even though we have posted a new low, I would like to see a bit more follow through selling to really crystallise the bearish technical ...

Gold firms as US budget talks lift European stocks LONDON: Gold firmed on Monday as stock markets rose towards two-year highs on political moves to break a budget impasse in the United States and the euro steadied as the first euro zone finance ministers' meeting of the year got underway.   Expectations that the Bank of Japan will deliver bold monetary easing also provided support, but the absence of US players, away for the Martin Luther King public holiday, kept the market in a range below ...
Copper steady as global macro signals improve LONDON: Copper was little changed on Monday as a political attempt to break a budget impasse in the United States revived risk appetite, but was offset by still weak physical demand from top consumer China.   US House Republican leaders said on Friday they would seek to pass a three-month extension of federal borrowing authority in the coming days to buy time for the Democrat-controlled Senate to pass a plan to shrink budget deficits.   European shares, seen by ...
O MOSCOW: Russian food retailer O'Key expects revenue to grow by 24-28 percent this year after a rate of 25.7 percent in 2012, Chief Executive Officer Patrick Longuet said on Monday.   The company also expects its margin on the basis of earnings before interest, taxation, depreciation and amortisation (EBITDA) to come in at around 8 percent, Longuet told a conference call.   In October, O'Key said it expected sales to rise by more than 30 percent in 2013.   Copyright Reuters, ...
Copper steady as global macro signals improve LONDON: Copper was little changed on Monday as a political attempt to break a budget impasse in the United States revived risk appetite, but was offset by still weak physical demand from top consumer China.   US House Republican leaders said Friday they would seek to pass a three-month extension of federal borrowing authority in the coming days to buy time for the Democrat-controlled Senate to pass a plan to shrink budget deficits.   European shares, seen by some ...
Qatari LNG tanker Mozah en route to UK port: AIS LONDON: Qatari liquefied natural gas (LNG) tanker Mozah is sailing to a British port destination, according to AIS Live ship tracking data on Reuters.   The vessel is likely to arrive around Jan. 28, according to calculations made using www.searates.com.   The ship can carry up to 266,000 cubic metres of the super-cooled fuel. Copyright Reuters, 2013 ...
Soymeal mixed with players seeking clues ROTTERDAM: Soymeal on the European meals and feeds market were narrowly mixed on Friday.   * South American soymeal was offered between $3 up and $4 down per tonne from Thursday, mostly following the trend in Chicago. No business was reported.   * Most other products were offered between 2 euros up and 1 euro down in sympathy with soymeal and supported by firmer rapeseed futures. No deals were seen.   Copyright Reuters, 2013 ...

 



 
Index Closing Chg%
Arrow DJIA 17,083.80 0.02
Arrow Nasdaq 4,472.11 0.04
Arrow S&P 1,987.98 0.05
Arrow FTSE 6,821.46 0.34
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Arrow CAC-40 4,410.65 0.78
Arrow Nikkei 15,284.42 0.29
Arrow H.Seng 24,141.50 0.71
Arrow Sensex 26,271.85 0.48





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln