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TSX slips as energy shares drop ahead of OPEC meeting TORONTO: Canada's main stock index declined on Wednesday as shares of energy producers dropped with oil prices ahead of an Organization of the Petroleum Exporting Countries meeting later this week.The meeting is significant as it comes after months of volatility in the price of oil, which has plummeted over concerns about an imbalance in the commodity's supply and demand. Investors hopeful of a big supply cut were dealt a blow as OPEC leader Saudi Arabia and fellow member the United Arab Emirates indicated they were unlikely to push for a major change in oil output at the meeting.The energy sector, which has lost about a quarter of its value since the middle of June, remained under pressure. "People don't quite know what to expect. The consensus is that OPEC will have a bit of a production cut but not a lot - not enough to make the price go up," ...

Wall St edges up after GDP, consumer confidence data NEW YORK: US stocks edged higher on Tuesday following a reading on economic growth that was much stronger than expected, but sharper gains were difficult to come by in a quiet week with major indexes at records.The Commerce Department raised its estimate of third-quarter gross domestic product to a 3.9 percent annual pace from the 3.5 percent rate reported last month. The reading was also stronger than the 3.3 percent rate that had been expected, ...
Brazil's real pares recent gains, current account in focus SAO PAULO: Brazil's currency weakened on Monday as investors digested worse-than-expected current account data, pulling back part of a sharp Friday rise driven by the outlook for a new economic policymaking team.Latin American stock markets were mostly flat, though Brazil's Bovespa stock index managed to climb for a fourth straight session.The Brazilian real opened stronger against the dollar though began to weaken shortly thereafter, with traders pointing to what may have been an overdone rally ...
TSX mixed as Hudson Bay debt plan offsets resources TORONTO: Canadian stocks opened on a mixed footing on Monday, with resource stocks suffering sluggish prices, offset by gains in the railways, banks, and Hudson's Bay Co, which has outlined a $1.25 billion refinancing plan. The Toronto Stock Exchange's S&P/TSX composite index was down 22.1 points, or 0.15 percent, at 15,089.03 shortly after the open. Copyright Reuters, 2014 ...
US stocks open higher on good German data NEW YORK: US stocks opened higher Monday, adding to Friday's records after data showed a rise in German business confidence. Five minutes into trade, the Dow Jones Industrial Average stood at 17,852.96, up 42.90 points (0.24 percent). The broad-based S&P 500 gained 6.54 (0.32 percent) to 2,070.04, while the tech-rich Nasdaq Composite Index rose 17.39 (0.37 percent) to 4,730.36.Both the Dow and S&P 500 closed at record highs Friday.Germany's Ifo business climate index rose to ...
Shares stung by world growth worries; yen sags NEW YORK: World stock markets slipped on Thursday on signs the Chinese and European economies were slowing, while Japan's yen slid to a seven-year low against the dollar on expectations of more Japanese stimulus.The worries about global demand weighed on Wall Street, which opened lower, and fueled price gains in US government debt. The MSCI index of world stocks was flat, while a gauge of European stocks slipped 0.3 percent."Slowing (purchasing managers indices) growth in ...
Wall St dips after record with eyes on Fed minutes NEW YORK: US stocks fell on Wednesday, following record closing highs on the S&P 500 and Dow in the previous session, ahead of minutes from the most recent Federal Reserve policy meeting.The Fed is set to publish minutes from the Federal Open Market Committee's October policy meeting at 2:00 p.m. EST (1900 GMT). They are expected to show the Fed's path is diverging from other major central banks that are increasing their stimulus programs. This ...


Index Closing Chg%
Arrow DJIA 17,814.94 0.02
Arrow Nasdaq 4,758.25 0.07
Arrow S&P 2,067.03 0.12
Arrow FTSE 6,731.14 0.02
Arrow DAX 9,861.21 0.77
Arrow CAC-40 4,382.31 0.32
Arrow Nikkei 17,407.62 0.29
Arrow H.Seng 23,843.91 0.21
Arrow Sensex 28,338.05 0.57

Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln