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Prices tumble on surprisingly strong US jobs data NEW YORK: US Treasuries prices dropped sharply on Friday after US employers hired more workers in November than during any month in nearly three years, boosting expectations for the Federal Reserve to raise interest rates by mid-2015. The robust report caused the yield on US 2-year Treasuries to rise nearly 9 basis points to its highest since May 2011, according to Reuters data. "This supports the view that the Federal Reserve will start hiking rates in the middle of next year," said Mohamed El-Erian, chief economic advisor at Allianz in Newport Beach, California.The jobs figures caused a sharp selloff in short-dated US Treasuries, and traders shifted bets on Federal Reserve's first round of interest-rate increases to July 2015, compared with September 2015 before the report. That puts traders in line with the November Reuters poll of primary dealers, the majority of whom see the first interest-rate increase in June. The ...

Euro zone bond yields fall as markets refocus on QE prospects LONDON: Euro zone bond yields fell on Friday as markets shook off any disappointment over the lack of European Central Bank action at its December meeting. Traders said investors quickly refocused on the likelihood of future government bond purchases. President Mario Draghi said the ECB will decide early next year whether to employ that monetary policy easing tool, known as quantitative easing (QE). Draghi gave his clearest signal yet on Thursday that QE may be ...
Greece to auction additional 3-month T-bills on Dec. 10 ATHENS: Greece will auction additional three-month T-bills on December 10 to raise an extra 1 billion euros over its regular monthly auction, the country's debt agency PDMA said on Friday. Greece has no immediate funding needs but was due to get a final tranche of 1.8 billion euros from the EU this month that is expected to be held up because of a deadlock over bailout review talks. The country will also auction six-month T-bills ...
Mauritius 273-day Treasury bill yield rises to 1.96pc PORT LOUIS: The weighted average yield on Mauritius' 273-day Treasury bill rose to 1.96 percent on Friday from 1.21 percent at the previous sale on Nov. 7, the central bank said. The bank sold all the 700 million rupees ($22.22 million) worth of bills on offer. It received bids worth 1.216 billion rupees at yields ranging from 1.62 percent to3.50 percent. Copyright Reuters, 2014 ...
German yields dip ahead of five-year bond auction LONDON: German yields slipped on Wednesday before an auction of five-year bonds that some traders say could attract a bit more demand than last month's sale as yields have risen from historic lows this week.Expectations that the European Central Bank might signal more stimulus measures at its policy meeting on Thursday, with falling oil prices fuelling deflation concerns in the euro zone, also propped up demand for fixed income, driving Italian 10-year yields below 2 ...
Yields on Uganda's re-opened 2- and 15-year bonds rise KAMPALA: Yields on Uganda's re-opened 2- and 15-year Treasury bonds worth a total of 180 billion shillings ($65.26 million) rose at an auction on Wednesday, the central bank said.The weighted average yield on the 2-year bond rose to 14.322 percent from 13.704 percent at the last sale October 8.The yield on the 15-year notes rose to 15.946 percent from 14.205 percent at the previous sale September 10.Copyright Reuters, 2014 ...
Mauritius 3-year Treasury bonds yield rises to 3.11pc PORT LOUIS: The weighted average yield on Mauritius' three-year Treasury bond rose to 3.11 percent from 2.74 percent at a previous sale in November, the central bank said on Wednesday. The Bank of Mauritius offered 1.2 billion rupees ($38.03 million) worth of debt but accepted bids for 1.5 billion rupees. Bids totalled 2.550 billion rupees with yields ranging from 2.96 percent to 5.0 percent. The bond has a coupon rate of 3.10 percent and is ...


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