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London stocks undecided on eve of election LONDON: London's stock market finished with a small gain Wednesday on the eve of Britain's most unpredictable election in living memory, while eurozone stocks managed to rise despite the euro spiking higher.London's benchmark FTSE 100 index eeked out a 0.09 percent gain to 6,933.74 points despite fears the election could result in weeks of brinksmanship as the two major parties struggle to cobble together workable coalitions."The topsy-turvy markets seen in recent weeks have been personified perfectly today, with the FTSE 100 oscillating with little sense of direction," said analyst Josh Mahony at IG Markets in London."With only one day to go until election day, markets have shown the same kind of indecision that is plaguing the 25 percent of undecided UK voters."Meanwhile the CAC 40 in Paris rose 0.15 percent to 4,981.59 and the DAX in Frankfurt climbed 0.20 percent to 11,350.15 points, despite the euro shooting above $1.13.Eurozone stock ...

US stocks drop on jobs data, Yellen's warning on values NEW YORK: Wall Street stocks fell for a second straight session Wednesday following disappointing jobs data and a warning from Federal Reserve Chair Janet Yellen on high equity valuations.The Dow Jones Industrial Average dropped 86.22 points (0.48 percent) to 17,841.98. The broad-based S&P 500 fell 9.31 (0.45 percent) to 2,080.15, while the tech-rich Nasdaq Composite Index lost 19.68 (0.40 percent) at 4,919.64.Payrolls firm ADP estimated the US added just 169,000 private-sector jobs in April, the ...

Global bond selloff deepens, oil hits year's high NEW YORK: A global rout in government bonds deepened on Wednesday as long-term U.S. and European borrowing costs reached their highest level this year, spreading anxiety into stock and other markets.The standoff between Greece and its lenders, together with disappointing data on private U.S. jobs growth, kept a lid on the more than a week-long rise in benchmark U.S. and German yields, underpinned by reduced worries about deflation in the euro zone."If the rise in ...

European shares end lower on poor US data, firmer euro LONDON: European shares ended lower on Wednesday, surrendering early gains as a rally in the euro and a fall on Wall Street prompted investors to trim their trading positions.The FTSEurofirst 300 index of top shares finished 0.5 percent weaker at 1,547.72 points after rising as high as 1,562.18 earlier in the session following strong euro zone services data and some encouraging corporate results."The euro is strengthening and that has taken some of the earlier tailwinds ...

Britain's FTSE boosted by PMI before election GLASGOW/LONDON: Britain's top share index edged higher on Wednesday, boosted by a survey showing that the country's service sector grew faster than expected last month.The market showed little sign of nerves before Thursday's parliamentary election. However, option prices suggest the index may see its biggest swing in two years on Friday, when investors get their first chance to react to the result of one of the closest UK elections in decades.The Markit/CIPS services purchasing managers' ...

South African stocks book biggest drop in 6 weeks, track global markets JOHANNESBURG: South Africa's main stock index booked its biggest daily percentage decline in more than a month on Wednesday, tracking global markets as anxiety from a sell-off in global government bonds spread to equities.U.S and European bonds were sold off due to a stand-off between Greece and its lenders as well as worse than expected U.S private jobs data.That led to sell-off in gold and platinum but was not enough to drag down Brent crude ...

TSX hits 1-month low as NDP victory sends energy stocks tumbling TORONTO: Canada's main stock index fell on Wednesday for the second straight session as hefty losses among energy companies following an unprecedented election outcome in Alberta province pushed the market to its lowest level in more than a month.The left-wing New Democratic Party (NDP) beat the Progressive Conservatives in a crushing victory that ended the center-right party's 44-year hold on power in the Western Canadian, oil-producing province."Putting aside ideology issues, the most significant issue facing ...


ArrowDJIA 17,841.98 0.48
ArrowNasdaq 4,919.65 0.40
ArrowS&P 2,080.15 0.45
ArrowFTSE 6,933.74 0.09
ArrowDAX 11,350.15 0.20
ArrowCAC-40 4,981.59 0.15
ArrowNikkei 19,531.63 0.06
ArrowH.Seng 27,640.91 0.41
ArrowSensex 26,717.37 2.63

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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 04, 2015
Reserves $17.491 bln