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Australia shares fall on commodities, US rate hike fears SYDNEY: Australian shares fell the most in nine weeks on Monday as investors continued to cash in on recent multi-year highs, while upbeat US jobs data raised expectations the Fed will raise interest rates sooner rather than later.Large resources stocks weighed down the benchmark index after iron ore hit a record low following reports of Chinese steel mill closures.The S&P/ASX 200 index ended down 1.3 percent or 77.6 points at 5821.3, its biggest fall since Jan. 6 and its lowest close since Feb. 12. The index reached a 7-year closing high a week earlier. New Zealand's benchmark NZX 50 index dropped 0.1 percent or 6.1 points to finish the session at 5897.0Copyright Reuters, 2015 ...

Australia shares expected to open lower on rates gloom, weak Wall St  SYDNEY: Australian shares were expected to fall on Thursday, retreating from seven-year highs earlier in the week, as a weak lead from Wall St adds to disappointment about the Australian central bank's decision not to cut rates.Bank stocks, which recently traded at record highs, may come under pressure because of concerns they will struggle to grow lending without another rate cut, while overnight gains in base metals and oil prices may provide support for resources.The ...
Australia shares set for a weak start SYDNEY: Australian shares are set to open lower on Wednesday, tracking Wall Street, where stock retreated from record highs, but firmer oil prices are likely to provide some support.The local share price index futures fell 0.2 percent, a 23.9-point discount to the close of the underlying S&P/ASX 200 index. The index fell 0.4 percent on Tuesday after reaching a seven-year intra-day high.The market will be watching for the fourth-quarter GDP report at 0030 GMT.New Zealand's ...
Australia shares seen firmer on US lead, RBA in focus SYDNEY: Australian shares are likely to track Wall Street higher on Tuesday, although caution will prevail ahead of a keenly awaited policy decision by the central bank.The local share price index futures rose a modest 0.2 percent to 5,954.0, a 4.9-point discount to the underlying S&P/ASX 200 index. The benchmark index closed at a fresh seven-year high on Monday.The Reserve Bank of Australia (RBA) holds its policy review on Tuesday and will announce its decision ...
Australia shares set to open lower as investors retreat from 7-year high  SYDNEY: Australian shares are likely to open lower on Thursday, tracking Wall Street, as prices retreat from the previous session's seven-year peak while investors digest another day of what is expected to be a mixed bag of earnings results.Local share price index futures fell 0.3 percent to sit at a 42-point discount to the underlying S&P/ASX 200 index. The benchmark rose 0.3 percent on Wednesday.New Zealand's benchmark NZX 50 index was down 0.1 percent in ...
Australia shares edge up, NZ stocks near record SYDNEY/WELLINGTON: Australian shares were subdued on Wednesday as mixed company earnings and no clear signal from Federal Reserve Chair Janet Yellen as to when the US central bank might raise interest rates gave little reason for investors to chase stocks higher.The S&P/ASX 200 index added 11.8 points to 5,938.8 points by 0149 GMT. The benchmark rose 0.3 percent on Wednesday, nearing a seven-year peak of 5,946.8 touched last week."The huge rally over the last six ...
Australia, NZ dollars boosted by China PMI and Yellen SYDNEY/WELLINGTON: The Australian and New Zealand dollars rose on Wednesday after a survey showed better-than-expected activity in China's mammoth factories, while a drop in Treasury yields undermined their US counterpart.The Australian dollar powered to $0.7875, from $0.7814 in early trade, having touched a one-month peak of $0.7887. A sustained break above stiff chart resistance near $0.7880 would target the 55-day moving average of $0.8003. The Aussie has been under the 55-day MA since September.It was ...


Index Closing Chg%
Arrow DJIA 16,472.37 1.23
Arrow Nasdaq 4,707.77 1.74
Arrow S&P 1,951.36 1.43
Arrow FTSE 6,129.98 0.95
Arrow DAX 9,553.07 0.46
Arrow CAC-40 4,458.88 0.73
Arrow Nikkei 17,725.13 0.02
Arrow H.Seng 21,506.09 3.17
Arrow Sensex 26,220.95 0.25

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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 $-1.998 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklySeptember 21, 2015
Reserves $18.726 bln