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TSX in broad retreat as resource shares weigh TORONTO: Canada's main stock index dropped sharply on Tuesday as gold miners, banks and energy companies led a broad selloff that had some investors cheering a possible readjustment of valuations as US interest rates were seen coming closer to a rise.The Toronto Stock Exchange's S&P/TSX composite index unofficially closed down 136.59 points, or 0.90 percent, at 15,050.81. Of the 10 main index sectors, only info tech gained. Copyright Reuters, 2015 ...

TSX stumbles as greenback rally hurts commodity players TORONTO: Canada's main stock index stumbled on Tuesday as gold miners, banks and energy companies led a broad sell-off that had value investors cheering as data reminded the market that US interest rates will eventually rise. With a long period of low borrowing costs, money has sloshed into equities, one portfolio manager said. Some of the froth could be removed with each economic report that prompts the US Federal Reserve closer to a rate hike. ...
TSX retreats as greenback rally pressures commodity prices TORONTO: Canada's main stock index stumbled on Tuesday, with gold mining and energy stocks bruised by slumping gold and crude prices following a U.S. data-driven rally in the greenback.After a lackluster first quarter, the U.S. economy was showing signs of getting back on track following better-than-expected durable goods orders. The more upbeat data could help push the Federal Reserve closer to deciding when it will resume hiking interest rates."Surprisingly, Canadian stocks ... have held in ...
TSX slips in slow trade on energy pullback TORONTO: Canada's main stock index slipped on Monday as investors took money out of recently rising energy stocks, but gave muted backing to banks ahead of their closely watched week of quarterly earnings reports. Trade was slow, with US markets closed for the Memorial Day holiday. The Toronto Stock Exchange's S&P/TSX composite index dropped 13.36 points, or 0.09 percent, to close at 15,187.40. Copyright Reuters, 2015 ...
TSX opens broadly lower; energy leads retreat TORONTO: Canada's main stock index opened lower on Monday, with most of the index's main sectors losing ground and US markets closed for the Memorial Day holiday. The Toronto Stock Exchange's S&P/TSX composite index fell 21.09 points, or 0.14 percent, to 15,179.67. Energy stocks were off 0.3 percent as crude prices dipped. Copyright Reuters, 2015 ...
Wall St Week Ahead-Yellen tone suggests choppiness for markets ahead NEW YORK: US stock investors have been enjoying an extended period of low volatility and steady gains, but with the Federal Reserve on track to raise interest rates this year and major indexes near records, the market could get a bit choppier in coming weeks.Fed Chair Janet Yellen on Friday said she expected the US central bank to raise rates in 2015, though the process was expected to be gradual, with the timing of the ...
Brazil real slides on fiscal noise, Fed concern RIO DE JANEIRO: Brazil's real led losses among Latin American currencies on Monday as questions about the political support to Brazilian austerity measures added to concern about the timing of an expected interest rate hike in the United States.The real dropped more than 1 percent earlier in the session on talk that Finance Minister Joaquim Levy considered a budget freeze of 69.9 billion reais ($21.6 billion) announced on Friday as insufficient.The speculation emerged when he ...


Index Closing Chg%
Arrow DJIA 17,619.51 0.13
Arrow Nasdaq 4,986.87 0.57
Arrow S&P 2,063.11 0.27
Arrow FTSE 6,520.98 1.50
Arrow DAX 10,944.97 1.25
Arrow CAC-40 4,790.20 1.63
Arrow Nikkei 20,235.73 0.63
Arrow H.Seng 26,250.03 1.09
Arrow Sensex 27,780.83 0.49

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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJune 25, 2015
Reserves $17.457 bln