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Volatile energy shares lead Wall St lower after ECB NEW YORK: US stocks fell on Thursday after European Central Bank president Mario Draghi brushed off pressure to act and said the bank would reassess the impact of its monetary policy stimulus early next year and take further action if necessary.Energy sector stocks led the decline in the S&P 500 with a 1.5 percent drop that follows three days of gains in which they advanced 3.2 percent. The sector is down 8.7 percent year-to-date as crude oil prices tumbled.The ECB met Thursday under growing pressure to prevent the bloc's economy from entering recession. The bank has already cut borrowing costs to record lows, given cheap loans to banks, and started buying debt to kick-start lending and bolster growth."They use (stimulus) as a stick. Every time they get a bad number or are worried about the European economy they threaten more QE but it's very difficult to implement," said Bruce Bittles, ...

US stocks mostly down as ECB announces no new stimulus NEW YORK: US stocks moved mostly lower in early trade Thursday, dipping after the European Central Bank stopped short of announcing new stimulus measures. About 35 minute into trade, the Dow Jones Industrial Average stood at 17,866.78, down 45.84 points (0.26 percent).The broad-based S&P 500 dipped 3.07 (0.16 percent) to 2,071.26, while the tech-rich Nasdaq Composite Index gained 5.95 (0.12 percent) at 4,780.42.The ECB cut its growth and inflation forecasts for the 18-nation eurozone as ...
Wall St falls at open on ECB comments NEW YORK: US stocks fell on Thursday after European Central Bank president Mario Draghi brushed off pressure to act and said the bank would reassess the impact of its monetary policy stimulus early next year and take further action if necessary.The ECB met under growing pressure to act to prevent the bloc's economy from entering recession. The bank has already cut borrowing costs to record lows, given cheap loans to banks, and started buying debt ...
TSX drops as TD decline offsets Enbridge surge TORONTO: Canada's main stock index opened lower as Toronto-Dominion Bank dropped after the lender's quarterly results disappointed the market and offset a surge in Enbridge Inc after the pipeline company announced restructuring plans and a dividend increase.The Toronto Stock Exchange's S&P/TSX composite index was down 56.18 points, or 0.38 percent, at 14,697.88 shortly after the open.Copyright Reuters, 2014 ...
Euro rises from 2-year low as Draghi's QE comments seen unclear NEW YORK: The euro rebounded from a more than two-year low against the dollar on Thursday after European Central Bank President Mario Draghi did not give a strong enough signal about injecting more stimulus into the eurozone economy.Investors were looking for specific details about the ECB's quantitative easing plan or the outright purchase of eurozone bonds that is expected to expand the central bank's balance sheet.The dollar, meanwhile, zoomed to a more than seven-year peak ...
TSX climbs as US data, energy shares support TORONTO: Canada's main stock index advanced on Wednesday as positive US economic data strengthened hopes for a solid recovery and higher commodity prices helped drive up shares of natural resource producers. Investors also digested news that Royal Bank of Canada reported stronger quarterly profit, with gains at its core personal and commercial banking and wealth management businesses offsetting weakness at its capital markets arm. The stock was up slightly. Figures released on Wednesday showed that ...
Wall St rises, but oil continues to weigh NEW YORK: US stocks rose modestly on Tuesday as a pair of big M&A deals boosted market optimism and helped the market rebound from the broad decline in the previous session, which was the S&P 500's weakest day in a month.Energy shares continued to struggle amid ongoing volatility in the price of oil. U.S. crude futures fell 2 percent to $67.58 per barrel, contributing to the 0.5 percent decline in the S&P Energy sector, the ...

 



 
Index Closing Chg%
Arrow DJIA 17,804.80 0.15
Arrow Nasdaq 4,765.38 0.36
Arrow S&P 2,070.65 0.46
Arrow FTSE 6,545.27 1.23
Arrow DAX 9,786.96 0.25
Arrow CAC-40 4,241.65 0.18
Arrow Nikkei 17,621.40 2.39
Arrow H.Seng 23,116.63 1.25
Arrow Sensex 27,371.84 0.90






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln