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Bond prices mostly flat on mixed data ahead of US jobs report NEW YORK: US Treasuries prices were mostly flat on Wednesday after a weaker-than-expected reading on US private payrolls growth contrasted with stronger-than-expected US services sector data and created uncertainty ahead of Friday's US jobs report.US private employers added 212,000 jobs last month, lower than economists' expectations for 220,000, according to a Reuters poll. The figure was also lower than January's upwardly revised figure of 250,000.The Institute for Supply Management, meanwhile, said its services index was 56.9 in February, up slightly from 56.7 in January and beating analysts' expectation for a reading of 56.5, according to a Reuters poll. Economists polled by Reuters expect the US nonfarm payrolls report to show employers added 240,000 jobs in February, down from 257,000 in January. Wednesday's reports reinforced traders' reluctance to make major bets ahead of the jobs data. "The data today probably increased the angst around the nonfarm payrolls number," said David Coard, ...

Nigeria aims to raise 95bn naira at bond auction LAGOS: Nigeria plans to raise 95 billion naira ($476 million) by selling sovereign bonds with maturities ranging between 5 and 20 years on March 11, the Debt Management Office (DMO) said on Wednesday. The debt office said it will raise 35 billion naira in 5-year bonds and 35 billion naira each in the 10 and 20-year paper, using the Dutch auction system. All the bonds are a re-openings of previous issues and the result of ...
Bond prices slip on corporate supply; US data eyed NEW YORK: US Treasuries prices fell for a second straight day on Tuesday, pressured by corporate bond sales, while demand for relatively high U.S. yields and anticipation of Friday's U.S. jobs report capped losses.Pharmaceutical company Actavis Plc launched a $21 billion corporate bond deal, the second-largest on record, according to Thomson Reuters unit IFR. Analysts said investors sold some safe-haven Treasuries in order to buy some of the debt and that the size of the ...
Euro zone bond yields pinned near lows with ECB eyed LONDON: Most euro zone bond yields held near record lows on Tuesday as investors waited for the European Central Bank to provide more details of its trillion euro quantitative easing (QE) programme later this week. While a rally in low-rated debt that pushed yields in Spain, Italy and Portugal to record lows on Monday eased, investors remained focused on the ECB's meeting on Thursday."D-day is drawing near," said ING strategist Martin van Vliet, expecting more ...
Yields rise as corporate debt sales weigh NEW YORK: US Treasury yields rose on Monday as large sales of corporate debt pressured prices and as investors continued to question whether the Federal Reserve is likely to raise interest rates in the coming months.Pharmaceutical company Actavis on Monday was marketing bonds that are expected to total $22 billion, the second largest amount ever sold by a corporate borrower."Corporate deals are weighing on the market, and we've heard of some allocation out of bonds ...
Spain, Italy debt yields hit record lows as QE approaches LONDON: Spanish, Italian and Portuguese government bond yields fell to record lows on Monday, as investors looked forward to the start of the European Central Bank's quantitative easing programme. The ECB is expected to give details at Thursday's policy meeting on how it will roll out its programme for buying 60 billion euros worth of securities a month, which is aimed at reviving inflation and the euro zone economy. Data on Monday showed euro zone ...
Bond prices dip on higher Jan core CPI, weak 7-year auction NEW YORK: US Treasuries prices fell on Thursday after an increase in core U.S. consumer prices in January pointed to marginally less dovish Federal Reserve policy and as an auction of seven-year notes met with soft demand.Core CPI, which strips out food and energy costs, rose 0.2 percent in January after edging up 0.1 percent in December. Traders focused on the increase even as the headline figure showed U.S. consumer prices posted their biggest drop ...


Index Closing Chg%
Arrow DJIA 18,203.37 0.47
Arrow Nasdaq 4,979.90 0.56
Arrow S&P 2,107.78 0.45
Arrow FTSE 6,889.13 0.74
Arrow DAX 11,280.36 1.14
Arrow CAC-40 4,869.25 0.98
Arrow Nikkei 18,815.16 0.06
Arrow H.Seng 24,702.78 0.74
Arrow Sensex 29,593.73 0.46

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln