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Brent oil neutral in $84.12-$87.34 range SINGAPORE: A bearish target at $82.87 per barrel has been aborted for Brent oil as it seems to have stuck in a neutral range of $84.12-$87.34.The range has been formed by the Oct. 23 low and the Oct. 17 high. The sideways move within this range could be followed by a strong surge or a continuation of the previous downtrend.Based on the price difference of $3.22 between $87.34 and $84.12, oil may rise further to $90.51 should it be able to climb above the range. Likewise, a bearish target at $80.92 will be established if it dips below $84.12.** Wang Tao is a Reuters market analyst for commodities and energy technicals. The views expressed are his own.No information in this analysis should be considered as being business, financial or legal advice. Each reader should consult his or her own professional or other advisers for business, financial or legal advice regarding ...


Taiwan stocks up tracking overseas markets, ahead of tech earnings TAIPEI: Taiwan stocks rose on Wednesday, following gains in overseas markets and ahead of earnings results of technology companies.As of 0120 GMT, the main TAIEX index was up 86.40 points at 8859.95, after closing up 1.69 percent on Tuesday.The electronics subindex was up 1.1 percent, while the financials subindex traded 0.8 percent higher.Taiwan's technology companies are expected to report solid third-quarter results during the next few weeks due to strong demand, particularly for Apple Inc's ...

Australia shares up on firm resources, JB soars on higher sales, new stores SYDNEY/WELLINGTON: Australian shares edged higher on Wednesday after Wall Street jumped overnight, but the uptick was capped by losses in financial stocks as investors remained cautious before earnings reports from Australia's top banks later in the week.JB Hi-Fi Ltd stole the spotlight, climbing 8.6 percent to one-month highs of A$16.04 after the company said it expects to open a eight new stores in FY 2015, while its year-to-date sales were up 0.5 percent.The broader market ...

Asian shares rise on earnings optimism, dovish Fed TOKYO: Asian shares advanced to one-month highs on Wednesday, helped by Wall Street which gained on optimism over corporate earnings and prospects the US Federal Reserve will reaffirm its willingness to wait longer before raising interest rates.MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.7 percent, led by a 1.2 percent rise in South Korean shares while Japan's Nikkei share average rose 1.4 percent.US stocks rose more than 1 percent on Tuesday, with the ...

South Korean shares power to 3-week high as shipbuilders rally; won firmer SEOUL: South Korean shares rallied more than 1 percent to its best level in three weeks, buoyed by views the US Federal Reserve will likely wait longer before raising interest rates.The Korea Composite Stock Price Index (KOSPI) climbed 1.14 percent to 1,947.54 points as of 0228 GMT, a shade below the intraday peak earlier in the session, which was the highest level for the KOSPI since Oct. 10."There are some views that the tapering process ...

Shares push higher, bonds steady before Fed LONDON: World stocks and U.S bond yields extended almost three weeks of steady gains on Tuesday, as markets prepared for the Federal Reserve to formally end six years of aggressive, crisis-driven monetary stimulus.The Fed kicks off a two-day meeting later with analysts wagering that it will try to soothe the recent market volatility by reinforcing that, while stimulus is being wound up, it could wait quite a while before raising interest rates.With the euro zone ...

Dollar falls after weak data, Swedish crown slides NEW YORK: The dollar fell on Tuesday on disappointing U.S. durable goods and home price data ahead of a Federal Reserve policy meeting.The greenback, while weaker against most major currencies, fared better than the Swedish crown after Sweden's central bank surprised investors by cutting interest rates to a record low of zero. The crown fell to a four-year low versus the dollar .Given recent signs of slowing in U.S. business activity and with inflation below ...


 



 
Index Closing Chg%
Arrow DJIA 17,390.52 1.13
Arrow Nasdaq 4,630.74 1.41
Arrow S&P 2,018.05 1.17
Arrow FTSE 6,546.47 1.28
Arrow DAX 9,326.87 2.33
Arrow CAC-40 4,233.09 2.22
Arrow Nikkei 16,413.76 4.83
Arrow H.Seng 23,998.06 1.25
Arrow Sensex 27,865.83 1.90





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJuly-June
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln