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Australia, NZ dollars jump on euro, pound SYDNEY/WELLINGTON: The Australian and New Zealand dollars extended gains on the euro on Thursday, as the threat of deflation reinforced expectations of bolder stimulus steps by the European Central Bank (ECB).The euro fell to a one-month low of A$1.4596 and was testing support around A$1.4590. It has lost 1.5 percent so far this week and seven cents since a high in December.Against the kiwi, the euro sank to a 20-month low around NZ$1.5190. A break of NZ$1.5072 would take it to the weakest since August 2012.Much of the euro's broad demise came after consumer prices in the euro zone showed their first annual decline since 2009, cementing expectations the ECB will launch a bond buying program at its policy meeting on Jan. 22.The pound also came under pressure after disappointing data in Britain. Sterling plumbed a four-month low against the kiwi and it fell to its weakest since early December ...

Australia shares end down, pare losses as bargain hunters emerge SYDNEY: Australian shares dropped slightly on Wednesday despite recouping some their morning losses as energy-related stocks continued to suffer on the back of sliding oil prices. Bargain hunters picked up banks and junior miners in afternoon session, helping to stabilise the market somewhat.Gold miners, healthcare stocks and property groups Westfield and Scentre were also in favor. The S&P/ASX 200 index dropped 0.2 percent or 11.2 points to 5,353.6 at the close of trade on Wednesday. ...
Australia shares slump 1.6pc as oil gloom triggers broad selloff SYDNEY: Australian shares closed down 1.6 percent on Tuesday on a broad-based sell-off that spared no sector after oil hit a fresh 5-1/2 year low and Wall Street stocks tumbled. The S&P/ASX 200 index fell 85.53 points to 5,364.8 at the close of trade, recording its biggest drop in terms of percentage since Dec. 9. The benchmark rose 0.2 percent on Monday. New Zealand's benchmark NZX 50 index fell 0.7 percent or 41.2 points to ...
Australia shares set for biggest drop in a month SYDNEY/WELLINGTON: Australian shares fell 1.8 percent on Tuesday, following a global equities sell-off after oil hit 5-1/2 year lows, leading to a slump in energy- and mining-related stocks. The S&P/ASX 200 index fell 98.1 points to 5,352.2 by 0117 GMT, recording its biggest fall in more than a month. The benchmark rose 0.2 percent on Monday. Investors ignored Australian trade balance data that showed a smaller-than-feared deficit of A$0.93 billion. "A number of issues worldwide ...
Australia shares edge higher as iron ore rebound stokes hopes SYDNEY/WELLINGTON: Australian shares rose on Monday as a rebound in the iron ore spot price and China's return from holidays encouraged investors to buy across the board. A media report that mining giant Rio Tinto will embark on a $5 billion share buyback added to the upward momentum in thin trade during the Australian summer holiday season. "The volumes are very low, way below average, so any move is exaggerated, on the upside and the ...
Australia shares pop higher on miners, industrials SYDNEY: Australian shares gained 0.5 percent on Friday in the first trading day of 2015, buoyed by industrials and mining companies. The S&P/ASX 200 index closed 24.8 points higher at 5,435.9 in thin trade as many investors have yet to return from their New Year holidays.Weighed down by falling commodity prices, the benchmark rose a mere 1 percent in 2014 compared with the robust gains in the previous two years. New Zealand markets were closed ...
Australia shares seen off to quiet start, NZ stocks scale new heights SYDNEY: Australian shares are likely to have a quiet start on Tuesday, after falling oil prices held back Wall Street. The heavyweight resource and energy sectors may have a subdued session following Monday's gains.Local stock index futures fell 0.4 percent to 5,443 points, a 21-point discount to the close of the underlying S&P/ASX 200 index on Monday. The benchmark rallied 1.5 percent to its highest since mid-November in the last session and was on track ...


Index Closing Chg%
Arrow DJIA 18,126.12 0.20
Arrow Nasdaq 5,097.98 0.17
Arrow S&P 2,120.79 0.13
Arrow FTSE 7,040.92 1.11
Arrow DAX 11,677.57 0.79
Arrow CAC-40 5,137.83 0.86
Arrow Nikkei 20,551.46 0.39
Arrow H.Seng 27,454.31 2.23
Arrow Sensex 27,506.71 0.21

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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 $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 28, 2015
Reserves $17.494 bln