Just in:  

You are here: Home»Business»Managed Funds

Managed Funds


Benchmark yields hit two-month low on weak US data NEW YORK: US long-dated and benchmark Treasuries yields hit their lowest levels in two months on Monday after weaker-than-expected US economic data damped expectations that the Federal Reserve will hike interest rates in September. The Institute for Supply Management (ISM) said its index of national factory activity fell to 52.7 in July from 53.5 the month before. The reading was shy of expectations that the pace would remain unchanged at 53.5, according to a Reuters poll of economists.In addition, the employment index slipped to 52.7 from 55.5, also short of expectations for a reading of 54.7. The Fed is closely monitoring the US labor market for guidance on when to start hiking rates. "The market now is taking score of every single data print between now and September, and if the balance continues to shift more toward weaker data than stronger data, it may make September a coin flip," said ...

China finance ministry to auction 22bn yuan of 1-year bills on Aug 7 SHANGHAI: China's Ministry of Finance said on Friday that it will auction 22 billion yuan ($3.54 billion) in one-year government bills on Aug. 7. After the auction, the bonds will be issued from Aug. 7-12 and begin secondary market trading on Aug. 14, it said in a statement published on the website of China's main bond clearing house. Copyright Reuters, 2015 ...
Greece to auction T-bills on August 5 ATHENS: Greece will sell 625 million euros ($684.44 million) of six-month Treasury bills on August 5 to refinance a maturing issue, its debt agency said on Friday. Cash-strapped Greece sold 813 million euros of three-month T-bills earlier this month to refinance a maturing issue, managing to keep its public finances afloat amid a bank shutdown. The settlement date of the new T-bills will be August 7. Only primary dealers will be allowed to participate and ...
German yields rise as stocks recover, Fed watched LONDON: German bond yields edged up on Tuesday as equity markets steadied and risk appetite recovered, but strategists said further rises were likely to be capped by cheapening oil prices and a US policy meeting. The euro zone's benchmark moved away from three-week lows hit on Monday when a slump in Chinese stocks saw investors rush for cover in top-rated assets, as global stock markets staged a modest recovery.Investors were encouraged by Chinese equity prices' ...
Kenyan T-bill yields to track overnight rates higher NAIROBI: The yields on Kenya's Treasury bills are expected to rise further, pushed by rising overnight interbank lending rates and the central bank's term auction deposits. The central bank has capped the weighted average yield on its 14-day, 21-day and 28-day term auction deposits - used to manage liquidity in the money markets - at 14 percent. Due to tight shilling liquidity, the average interbank lending rate shot up to 16.3769 percent on Thursday from ...
Euro zone bond yields rise as oil prices recover LONDON: Euro zone government bond yields rose on Tuesday as oil prices recovered and unexpected debt sales weighed on the region's market, which had been expected to enjoy a supply-free week. Expectations of more Iranian supply following a nuclear deal and concerns that economic worries in China will weigh on demand have put pressure on oil this month, stripping 11 percent off the price of crude so far in July.Bond yields fell early on Tuesday ...
Nigerian bond sale misses target, investors seek higher yields LAGOS: Nigeria's latest bond auction fell short of its target as low yields deterred investors worried about the naira currency's weakness and rising inflation in Africa's biggest economy. In yet another worrying sign for the government, which is already facing a funding crisis due to the decline in oil revenues, Nigeria raised 44 billion naira ($221 mln) at the bond auction on Wednesday, short of its target amount of 70 billion naira, the Debt Management ...


Index Closing Chg%
Arrow DJIA 16,351.38 1.82
Arrow Nasdaq 4,749.98 2.46
Arrow S&P 1,948.86 1.83
Arrow FTSE 6,083.31 0.41
Arrow DAX 10,048.05 0.32
Arrow CAC-40 4,554.92 0.30
Arrow Nikkei 18,095.40 0.39
Arrow H.Seng 20,934.94 1.18
Arrow Sensex 25,453.56 0.95

New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk

Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln