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European stocks mixed as deflation fears bite LONDON: European stock markets traded mixed Friday, as deflation worries deepened for the eurozone, which was locked in crucial talks with Greece over a possible restructuring of debt.London's benchmark FTSE 100 index dropped 0.17 percent to 6,798.79 points in afternoon trade.Frankfurt's DAX 30 rose 0.04 percent to 10,741.63 points, with early gains won thanks to an improved showing on Wall Street giving way to deflation fears.The CAC 40 in Paris slipped 0.22 percent to 4,621.29 points compared with Thursday's close.European markets did not get any support from across the Atlantic, where US stocks opened mostly down.Five minutes into trade, the Dow Jones Industrial Average lost 0.16 percent and the broad-based S&P 500 fell 0.38 percent.The euro was trading mostly flat at $1.1316 from $1.1317 late in New York on Thursday.Eurozone consumer prices fell by a record 0.6 percent in January, confirming deflation could be taking hold for the long term, ...

European stocks rise at open LONDON: European stock markets rose at the start of trading on Friday after a solid performance on Wall Street, with London's benchmark FTSE 100 index up 0.41 percent to 6,838.50 points.Frankfurt's DAX 30 grew 0.59 percent to 10,801.38 points and the CAC 40 in Paris gained 0.53 percent to 4,655.95 compared with Thursday's close.US stocks pushed higher Thursday on generally solid corporate earnings and a gain in oil prices, traders said.Copyright AFP (Agence France-Presse), 2015 ...
Greek stocks recover to finish day up 3.2pc ATHENS: The Greek stock market finished the day up almost 3.2 percent on Thursday and the country's four main banks rose nearly 13 percent, recovering some of their losses from Wednesday.The Athens stock market had plunged on Wednesday after Greece's new hard-left Prime Minister Alexis Tsipras scrapped key privatisation projects and pressed home his demand for a renegotiated deal on the country's multi-billion-euro bailout. Copyright AFP (Agence France-Presse), 2015 ...
Fed rate outlook weighs on stocks, lifts dollar LONDON: European stocks slipped and the dollar strengthened on Thursday after the Federal Reserve took an upbeat view of the world's largest economy and signalled it was on track to raise interest rates this year.The stronger dollar helped push U.S. oil prices to six-year lows and weighed on the price of gold.Greece, where an anti-austerity prime minister took over on Monday, also kept investors nervous, although Greek shares regained some ground after falling 9.2 percent ...
European shares knocked as oil slide hits earnings LONDON/PARIS: Weak corporate updates pegged back European shares on Thursday, as the effects of a rout in oil prices knocked back heavyweight energy firms.Some traders said the Federal Reserve's statement on Wednesday, signalling U.S. rate rises were still likely this year, was also crimping appetite for shares, although Greek banks rebounded from record lows hit earlier in the week.Royal Dutch Shell dropped 4.4 percent after the oil major said it will cut spending by $15 ...
Oil company shares rocked by plunging oil prices LONDON: Shares in energy companies slid Thursday after they announced falling profits on tumbling oil prices, though European markets were mostly higher overall.London's FTSE 100 index, home to energy majors Royal Dutch Shell and BP, was down 0.17 percent to 6,814.61 points in midday deals.Frankfurt's DAX 30 rose 0.28 percent to 10,740.49 points, as official data showed German unemployment fell in January to the lowest level since the country was reunited in 1990.The CAC 40 ...
European shares fall; Vallourec sinks after warning PARIS: European stocks fell in early trading on Thursday after the U.S. Federal Reserve took an upbeat view on the U.S. economy and signalled that it remains firmly on track to raise interest rates this year.Vallourec featured among the top losers, falling 6 percent after the steel pipes maker warned of an impairment charge of 1.0-1.2 billion euros on the value of its assets, blaming turmoil in the oil market."It will translate into a big ...


Index Closing Chg%
Arrow DJIA 17,409.00 1.31
Arrow Nasdaq 4,683.41 0.98
Arrow S&P 2,017.30 0.95
Arrow FTSE 6,810.60 0.22
Arrow DAX 10,737.87 0.25
Arrow CAC-40 4,631.43 0.44
Arrow Nikkei 17,606.22 1.06
Arrow H.Seng 24,595.85 1.07
Arrow Sensex 29,681.77 0.41

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln