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US bond yields fall after surprise Swiss rate cut NEW YORK: US Treasuries yields fell on Thursday with the 30-year yield hovering near record lows after a surprise interest rate cut from the Swiss central bank stoked demand for higher-yielding US government securities. The Swiss National Bank lowered its policy rates by 50 basis points, pushing them further into negative territory to -0.75 percent in an effort to help its exporters by easing upward pressure on its currency. "It's a shock and investors feel, 'Let's just own Treasuries and be safe,'" said David Keeble, global head of interest rates strategy at Credit Agricole Corporate & Investment Bank in New York.Trading was volatile after a batch of US economic data failed to dispel worries about weakening domestic growth and a growing view the Federal Reserve might not raise interest rates in 2015, analysts said. The Philadelphia Federal Reserve said on Thursday its index of regional business conditions declined to 6.3 ...

US bond prices turn flat after producer prices data NEW YORK: US Treasuries prices turned flat early Thursday, paring earlier gains, after data on domestic producer prices in December suggested overall price growth excluding the energy sector remained stable.The latest producer price readings, together with U.S. oil futures climbing above $50 a barrel, stoked demand for Treasury Inflation-Protected Securities (TIPS).Their yield differences between TIPS and regular Treasuries grew to their widest in more than week on reduced anxiety about the U.S. economy being disrupted ...
Spanish, Italian, Portuguese yields rise before court opinion on OMT LONDON: Spanish, Italian and Portuguese yields rose on Wednesday, with financial markets showing some nervousness that an opinion due from Europe's top court on an ECB debt buying programme might hamper future purchases. The European Court of Justice adviser's opinion, due at 0830 GMT, is on the Outright Monetary Transaction (OMT) scheme, which the European Central Bank launched at the height of the euro zone debt crisis in 2012 but never used. The programme was ...
Greece sells 812.5mn euros of 3-month T-bills, yield rises ATHENS: Greece sold 812.5 million euros ($959 million) of three-month treasury bills on Wednesday to roll over a maturing issue, the country's debt agency PDMA said. The T-bills were priced to yield 2.15 percent, up 25 basis points from a previous sale last month. The sale's bid-cover ratio was 1.78, down from 1.93 in the previous sale. The amount raised included 187.5 million euros in non-competitive bids.The settlement date for Wednesday's auction is January 16. ...
China money rates steady despite reports of central bank fund rollover, IPOs SHANGHAI: China's money rates held steady on Wednesday, unmoved by media reports the central bank rolled over some short-term funds it had injected into the markets several months ago, traders said.Cash demand for a slew of stock initial public offerings (IPOs) had also not affected the money market, they said.Official media, including China Securities Journal and Shanghai Securities News, said on Wednesday that the People's Bank of China (PBOC) had renewed some funds it previously ...
US yields rise ahead of 10-year note sale NEW YORK: US Treasuries yields rose on Tuesday as investors and Wall Street dealers reduced their debt holdings ahead of a $21 billion auction of 10-year government notes even as oil prices sank to their lowest in nearly six years.The yield increase accelerated after the National Federation of Independent Business said its index of small business optimism rose in December to its strongest level in more than eight years.Gains on Wall Street, partly due to ...
India debt markets start pricing in Feb rate cut after CPI data MUMBAI: Indian bond and swap markets rallied on Tuesday after data showing consumer price inflation sharply below expectations reinforced hopes the central bank would cut interest rates at its next policy review in early February. Data late on Monday showed India's annual consumer price inflation accelerated for the first time in five months in December to 5 percent, driven by higher food costs, but the number was sharply below expectations of a 5.4 percent annual ...


Index Closing Chg%
Arrow DJIA 17,387.21 1.65
Arrow Nasdaq 4,681.50 1.89
Arrow S&P 2,029.55 1.34
Arrow FTSE 6,811.61 0.60
Arrow DAX 10,628.58 1.57
Arrow CAC-40 4,624.21 1.09
Arrow Nikkei 17,768.30 1.72
Arrow H.Seng 24,807.28 0.41
Arrow Sensex 29,571.04 1.00

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln