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TSX advances after Fed comments ease worries TORONTO: Canada's main stock index climbed on Wednesday after minutes from the Federal Reserve's latest meeting appeared to ease investor fears of an aggressive roll-back of the US central bank's stimulus program.The minutes suggested the Fed might not be in a rush to tighten monetary policy.The commentary helped calm equity markets, which have been volatile due to worries about the Fed's monetary policy direction and its timeline to raise interest rates. A selloff in US biotechnology and technology shares that began last week had also weighed on sentiment.The Toronto stock market's benchmark index was up for a second straight session and had recovered most of its recent losses.It's no surprise that the market was bouncing back, said Marcus Xu, president and portfolio manager at MY Capital Management Corp in Vancouver."(The Fed is) not going to touch rates anytime soon, given the recovery is still pretty fragile," he added. "We think ...

Dovish Fed minutes send US stocks up more than 1pc NEW YORK: Wall Street stocks Wednesday bolted higher with tech stocks leading the way after US Federal Reserve minutes showed no support for an early rise in interest rates.At the closing bell, the Dow Jones Industrial Average jumped 180.46 (1.11 percent) to 16,436.60.The broad-based S&P 500 advanced 20.19 (1.09 percent) to 1,872.15, while the tech-rich Nasdaq Composite Index soared 70.91 points (1.72 percent) to 4,183.90.Stocks were higher through early afternoon, but rose more after the ...
Wall St extends gains following Fed minutes: us stocks NEW YORK: US stocks jumped on Wednesday, with the three major indexes hitting session highs, after minutes from the Federal Reserve's latest policy meeting showed a more supportive central bank than previously expected.The Dow and the Nasdaq rose more than 1 percent with internet and biotech stocks leading the gains. Facebook shares jumped 5.6 percent to $61.45.Fed policymakers were unanimous in wanting to ditch the thresholds they had been using to telegraph a policy tightening, ...
Nasdaq snaps losing streak, leads market higher NEW YORK: The tech-rich Nasdaq Composite Index rallied on Tuesday, leading the market to its first day of gains after three straight losses.The Nasdaq jumped 33.23 (0.81 percent) to 4,112.99.The Dow Jones industrial Average advanced 10.27 (0.06 percent) to 16,256.14, while the broad-based S&P 500 rose 6.92 (0.38 percent) to 1,851.96.Analysts said it was too soon to say if Tuesday's rally meant the tech sector had stabilized. Nasdaq has been in retreat since early March ...
US stocks mostly fall on mixed IMF outlook NEW YORK: US stocks Tuesday moved mostly lower in early trade as the International Monetary Fund gave a mixed reading on the global economy and investors looked ahead to earnings season.About 30 minutes into trade, the Dow Jones Industrial Average fell 33.36 points (0.21 percent) to 16,212.51, while the broad-based S&P 500 edged down 1.62 (0.09 percent) to 1,843.42. The tech-rich Nasdaq Composite Index rose 3.49 (0.10 percent) to 4,083.24, after a three-day losing streak ...
US stocks fall more than 1pc as tech slump continues NEW YORK: US stocks Monday slumped for a third day in a row as investors worried about whether high-flying technology stocks are overvalued and cautiously anticipated earnings season. At the closing bell, the Dow Jones Industrial Average tumbled 165.49 points (1.01 percent) to 16,247.22.The broad-based S&P 500 sank 19.95 (1.07 percent) to 1,845.14, while the tech-rich Nasdaq Composite Index declined 47.97 (1.16 percent) to 4,079.75.The losses followed weakness since the middle of last week. Technology ...
Stocks sag around globe; US Treasuries rise: global markets NEW YORK: Wall Street stocks fell 1 percent on Monday, joining a broad retreat in global equities markets from a six-year high touched last week, while US Treasuries' yields moved lower.The dollar fell against major currencies as comments from European Central Bank policymakers curbed expectations of more euro zone economic stimulus and boosted the euro against the greenback.On Wall Street, losses accelerated and the S&P 500 index of large-cap US companies was on track for ...


Index Closing Chg%
Arrow DJIA 16,058.35 2.84
Arrow Nasdaq 4,636.11 2.94
Arrow S&P 1,913.85 2.96
Arrow FTSE 6,058.54 3.03
Arrow DAX 10,015.57 2.38
Arrow CAC-40 4,541.16 2.40
Arrow Nikkei 18,165.69 3.84
Arrow H.Seng 21,185.43 2.24
Arrow Sensex 25,696.44 2.23

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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