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Brazil markets drop on election anxiety, risk aversion RIO DE JANEIRO: Brazilian stocks and currency dropped on Wednesday on signs that President Dilma Rousseff, criticized by investors for excessive intervention in the economy, was regaining voter support ahead of October presidential elections.Recent opinion polls, including one by the Vox Populi institute released on Wednesday, showed Rousseff neck-and-neck with environmentalist Marina Silva in an expected second-round vote on Oct. 26.Silva has won over investors with orthodox economic proposals similar to those of presidential candidate Aecio Neves, the initial market favorite who now stands third in the race. Polls showing she was set to beat Rousseff in a run-off had triggered a sharp market rally last month.On Wednesday, however, the Brazilian real traded weaker than 2.3 per dollar for the first time in more than a month as the Vox Populi survey left investors more cautious before a major poll by the Datafolha institute later in the day.Brazil's benchmark Bovespa ...

Wall St dips, but trend upward considered intact NEW YORK: US stocks dipped on Wednesday, putting the S&P 500 on track to retreat for a sixth session out of the past seven, although the longer-term strength of the equity market was still considered intact.The S&P 500 held below its 14-day moving average, a widely followed technical level, but it remained just 1.1 percent off a record close hit on Friday.The index was poised to drop for a third consecutive day, and on Tuesday, ...
US stocks fall on rate hike worries, dollar rises NEW YORK: US stock prices fell on Wednesday on growing bets the Federal Reserve may raise interest rates faster than previously thought, while anxiety over whether Scotland might break off from the United Kingdom unnerved investors in Europe, hurting sterling and boosting the dollar.The greenback reached a six-month peak against the yen and short-dated U.S. Treasuries yields approached their highest in over three years following a study released on Monday from the San Francisco Federal ...
TSX falls as energy shares slide with oil price TORONTO: Canada's main stock index dropped on Wednesday as worries that US interest rates might rise weighed on sentiment and lower oil prices dragged down shares of energy companies.Concerns about the Scottish referendum on independence, which is set for next week, further dampened the mood.Investor speculation about when the US Federal Reserve will raise interest rates heightened ahead of a Fed meeting next week after which the US central bank is expected to shed more ...
US stocks little changed; Apple up 0.2pc NEW YORK: Wall Street stocks were little changed in early trade Wednesday with Apple posting modest gains after unveiling a spate of new products, including a mobile-payment system and a smartwatch.About 40 minutes into trade, the Dow Jones Industrial Average dipped 3.01 points (0.02 percent) to 17,010.86.The broad-based S&P 500 shed 1.25 (0.06 percent) to 1,987.19, while the tech-rich Nasdaq Composite Index gained 0.89 (0.02 percent) to 4,553.18.Patrick O'Hare, analyst at Briefing.com, said concerns about ...
US stocks drop; big banks hit by tougher capital rules NEW YORK: Wall Street stocks fell Tuesday, pulled down by major banks after the Federal Reserve signalled more stringent capital requirements.Underwhelmed Apple investors meanwhile sent its shares lower after its much-awaited product launch, adding to a broader tech sector selloff.The Dow Jones Industrial Average lost 97.55 points (0.57 percent) at 17,013.87.The broad-based S&P 500 dropped 13.10 (0.65 percent) to 1,988.44, while the tech-rich Nasdaq Composite Index fell 40.00 (0.87 percent) to 4,552.29.Dow members JPMorgan Chase ...
US stocks drop; big banks hit by tougher capital rules NEW YORK: Wall Street stocks fell Tuesday pulled down by major banks after the Federal Reserve signalled more stringent capital requirements.At the closing bell, the Dow Jones Industrial Average stood at 17,014.70, down 96.72 points (0.57 percent). The broad-based S&P 500 dropped 13.07 (0.65 percent) to 1,988.47, while the tech-rich Nasdaq Composite Index fell 40.00 (0.87 percent) to 4,552.29.Dow members JPMorgan Chase and Goldman Sachs fell by 1.4 percent and 1.5 percent, respectively, and Morgan ...

 



 
Index Closing Chg%
Arrow DJIA 17,279.74 0.08
Arrow Nasdaq 4,579.79 0.30
Arrow S&P 2,010.40 0.05
Arrow FTSE 6,837.92 0.27
Arrow DAX 9,799.26 0.01
Arrow CAC-40 4,461.22 0.08
Arrow Nikkei 16,321.17 1.58
Arrow H.Seng 24,306.16 0.57
Arrow Sensex 27,090.42 0.08





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 18, 2014
Reserves $13.525 bln