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TSX rallies as energy stocks soar TORONTO: Canada's main stock index rallied on Wednesday, led by a nearly 5 percent surge in energy stocks and broad gains in most other key sectors including the hefty financials group. Oil and gas names jumped 4.8 percent, moving in step with US crude prices, which rose some 5.6 percent late in the morning on a drawdown in US stockpiles, higher gasoline prices and inflation data that dampened the chances of an interest rate hike by the Federal Reserve this week. "There's a sense that the Fed won't increase rates tomorrow. We'll have to see if that's the case," said Ian Nakamoto, director of research at MacDougall, MacDougall & MacTier. "If that's the mentality, then the US dollar may come off a bit more and commodities may rally some more. I don't know how sustainable that is, but that seems to be what's going on currently." The most influential positive ...

Latam markets gain with China; Fed inspires caution SAO PAULO: Latin American financial markets rallied on Wednesday following a jump in Chinese stocks that tempered investors' concern about the health of the world's No. 2 economy.Investors remained cautious, however, ahead of a crucial monetary policy decision by the US Federal Reserve on Thursday. While many expected the Fed to delay an interest rate hike to December, some feared rates could go up this week."A rally in Chinese stocks is supporting emerging market currencies, ...
US stocks jump as Fed decision edges closer NEW YORK: Wall Street stocks finished with decisive gains Tuesday on modestly higher US retail sales ahead of the Federal Reserve's interest rate decision later this week.The Dow Jones Industrial Average advanced 228.89 points (1.40 percent) to 16,599.85.The broad-based S&P 500 jumped 25.06 (1.28 percent) to 1,978.09, while the tech-rich Nasdaq Composite Index rose 54.76 (1.14 percent) to 4,860.52.US retail sales rose 0.2 percent in August, boosted by robust auto sales, but slightly below analysts' ...
US stocks drop as market eyes Fed NEW YORK: US stocks finished lower Monday as traders looked ahead to a Federal Reserve meeting later this week that could result in the first interest rate hike in over nine years.The Dow Jones Industrial Average dropped 62.13 points (0.38 percent) to 16,370.96.The broad-based S&P 500 fell 8.02 (0.41 percent) to 1,953.03, while the tech-rich Nasdaq Composite Index slid 16.58 (0.34 percent) to 4,805.76."There's just a lot of nervous anticipation with regards to what the ...
Drop in crude oil pulls TSX lower OTTAWA: Canada's main stock index fell on Friday as energy shares tumbled alongside the price of oil after Goldman Sachs cut its crude forecast. Investors were also looking ahead to next week's meeting of the US Federal Reserve, which could prove pivotal if the central bank decides to raise interest rates for the first time in nearly a decade. The uncertainty over whether the Fed will lift rates next week or wait until later in ...
TSX gains on energy, some retailers, Bombardier TORONTO: Canada's main stock index rose on Thursday, buoyed by a surge in Bombardier's stock, gains in some retailers on rosy results and a bump higher in oil and gas company shares as the price of crude oil rallied.Still, overall gains were muted, as investor uncertainty over global growth prospects lingered ahead of a U.S. Federal Reserve rate decision next week."It seems that the global economy is weakening, and we'd still be very cautious on ...
Growth worries weigh on stocks, but oil rallies NEW YORK: Global equity markets outside the United States fell on Thursday as concerns about the economies of China and Japan added uncertainty to the world growth picture, but Wall Street rose, due in part to a rebound in oil prices.The FTSEurofirst 300 index of top European shares snapped a three-day rally to close down 1.4 percent, following a disappointing session in Asia.Wall Street went against the grain and advanced in a choppy session as ...


Index Closing Chg%
Arrow DJIA 17,050.75 0.82
Arrow Nasdaq 4,810.79 0.41
Arrow S&P 2,013.43 0.88
Arrow FTSE 6,374.82 0.61
Arrow DAX 9,993.07 0.23
Arrow CAC-40 4,675.91 0.18
Arrow Nikkei 18,141.17 0.99
Arrow H.Seng 22,354.91 0.71
Arrow Sensex 26,845.81 0.70

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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 $-1.988 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklyOctober 08, 2015
Reserves $20.05 bln