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TSX in selloff mode as sentiment on US economy sours TORONTO: Canada's main stock index tracked world equity markets lower on Tuesday as investors, concerned about U.S. growth prospects, shrugged off higher crude prices and pushed the index to its biggest one-day drop in two months.Energy stocks fell despite crude prices that hit their highest levels of 2015, and the oil and gas sector was one of the index's biggest losers, retreating 1.3 percent.In the group, Suncor Energy Inc lost 1.9 percent to C$38.33. Pipeline company TransCanada Corp shed 2.2 percent to finish at C$55.34.Investors may have been positioning ahead of election results later on Tuesday in the oil-rich province of Alberta, where the left-wing New Democrats were in a position to win. Analysts have said that could have a negative impact on oil shares.The Toronto Stock Exchange's S&P/TSX composite index fell 193.53 points, or 1.26 percent, to 15,173.94. The index is still up some 3.7 percent this year.All 10 ...

US stocks tumble on oil prices, Greece uncertainty NEW YORK: US stocks tumbled Tuesday on worries about higher oil prices and a spike in tensions over the Greek debt crisis.The Dow Jones Industrial Average dropped 142.20 points (0.79 percent) to 17,928.20.The broad-based S&P 500 lost 25.03 (1.18 percent) at 2,089.46, while the tech-rich Nasdaq Composite Index sank 77.60 (1.55 percent) to 4,939.33.Jack Ablin, chief investment officer at BMO Private Bank, cited the rise in US oil prices above $60 a barrel as a ...
US yields touch 5-month highs; stocks, dollar fall NEW YORK: Long-term US Treasury yields rose to their highest of the year on Tuesday as investors reassessed the chances of a September interest rate hike by the U.S. Federal Reserve, while global stock prices fell on uneasiness about U.S. and Asian growth.The stand-off between Greece and its creditors also curbed appetite for equities.Oil prices reached fresh 2015 highs as protests disrupted exports to an eastern Libyan port, while gold gained on safety bids stemming ...
TSX slips as weakness in financials drags TORONTO: Canada's main stock index declined on Tuesday as weakness in the financial sector overcame a rally in oil prices that drove shares of energy companies higher.Oil prices climbed to their highest levels in 2015, boosting shares of energy producers by about 1 percent.Overall eight of the 10 main sectors on the benchmark index were in the red, following gains in recent sessions. The TSX is still up about 4.6 percent so far this year."It's ...
US stocks extend gains on higher factory orders NEW YORK: Wall Street stocks rose Monday as news of the first rise in US factory orders in eight months helped sustain positive momentum from last week's rally.The Dow Jones Industrial Average gained 46.34 points (0.26 percent) at 18,070.40.The broad-based S&P 500 advanced 6.20 (0.29 percent) to 2,114.49, while the tech-rich Nasdaq Composite Index rose 11.54 (0.23 percent) to 5,016.93.Peter Cardillo, chief market economist at Rockwell Global Capital, characterized the gains as "momentum buying" after ...
Stocks gain on factory data, bund yields rise NEW YORK: Global equity markets rose on Monday, lifted by the biggest gain in U.S. factory orders in eight months and solid manufacturing data in Germany, while German bund yields rose as investors shook off deflation fears.Trading volume was lighter than usual in most European markets because of a public holiday in Britain, home to the region's largest stock market and many large trading firms.Germany's Dax index closed up 1.4 percent to outperform its peers ...
TSX rallies broadly, Couche-Tard leads gains TORONTO: Canada's main stock index rose broadly on Monday on upbeat investor sentiment, with across-the-board gains led by the materials group and Alimentation Couche-Tard stock.Convenience store operator Couche-Tard was by far the most influential gainer on the index. Its shares climbed 4.3 percent to C$47.46, recouping a chunk of last week's losses, after the company issued a statement to clarify that the Circle K Corp referenced in a Chapter 11 bankruptcy filing in the United ...


Index Closing Chg%
Arrow DJIA 18,232.02 0.29
Arrow Nasdaq 5,089.36 0.03
Arrow S&P 2,126.06 0.22
Arrow FTSE 7,031.72 0.05
Arrow DAX 11,815.01 0.42
Arrow CAC-40 5,117.17 0.50
Arrow Nikkei 20,413.77 0.74
Arrow H.Seng 27,992.83 1.70
Arrow Sensex 27,643.88 1.12

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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 $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 21, 2015
Reserves $17.75 bln