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Swedish central bank chief Ingves repeats ready to do more to boost inflation STOCKHOLM: Swedish Central Bank Governor Stefan Ingves repeated on Friday that the Riksbank stood ready to do more to make monetary policy more expansionary if needed to bring inflation back toward up to its target."We could cut the repo rate more and defer repo rate increases until a later date, purchase more government bonds or issue loans to companies via the banks. Neither would we wish to rule out foreign exchange interventions," he said in a statement released ahead of participating in an economic seminar."We can and will do more if necessary," he added.At it last meeting in February, the central bank shocked markets by cutting its key repo rate into negative territory, launching bond purchases and saying it could take further steps to battle falling prices.Copyright Reuters, 2015 ...

Aviva ensures FTSE 100's move back toward record highs LONDON: Britain's top share index approached record highs again on Thursday, lifted by a rally in insurance stocks such as Aviva after positive results in the sector.The blue-chip FTSE 100 index closed up 0.6 percent at 6,961.14 points, near the 6,974.26 record it set this month.Traders said that European equities were further supported by confirmation that the European Central Bank (ECB) will start a bond-buying programme - aimed at boosting the region's economy - this ...
Robust earnings help European shares extend rally ahead of ECB LONDON/PARIS: European shares rose on Thursday, with a batch of robust company results from firms including supermarket Carrefour and fund manager Schroders boosting sentiment. Investors also awaited the European Central bank meeting at which it is set to give further details on its massive bond-buying programme. Shares in Carrefour rose 2.4 percent after the world's second-largest retailer said it would boost capital expenditure this year as it seeks to cement a revival of its European ...
Europe stocks fall, bond yields rise as ECB raises 2016 inflation forecast LONDON: European stocks cut gains and euro zone bond yields rose on Thursday after the European Central Bank lifted its 2016 inflation forecast to 1.5 percent from 1.3 percent. The euro, which hit a more than 11-year low earlier on Thursday, hit the day's high at $1.1115 before retreating to stand flat on the day at $1.1080. The pan-European FTSEurofirst 300 index trimmed its gains to trade 0.3 percent higher at 1,560.99 points. German Bund ...
Turkish banking stocks fall on weak lira ISTANBUL: Turkish banking stocks fell sharply on Thursday as a weakening lira heightened inflation risks and as Citigroup's sale of a near 10 percent stake in Akbank hit the Turkish lender's shares.The banking index was down 4.1 percent by 1005 GMT, compared to a 2.2 percent fall in the wider Istanbul stock index . Akbank shares were down 5.12 percent.Copyright Reuters, 2015 ...
Monte dei Paschi shares volatile after details on treasury stake MILAN: Shares in Italian bank Monte dei Paschi di Siena were volatile in early trade on Thursday after the bank said the treasury would keep a 4 percent stake in the lender until the end of the year.The bank, which is due to launch a 3 billion euro capital increase to fill a shortfall uncovered by a Europe-wide health check of the sector, also said late on Wednesday it would launch a reverse stock split ...
Europe Factors to Watch-Shares seen mixed; eyes on ECB PARIS: European stocks were seen mixed on Thursday, with a batch of company results in focus ahead of the European Central bank meeting at which it is set to give further details on its massive bond-buying programme.Shares in Carrefour will be eyed after the world's second-largest retailer said it would boost capital expenditure this year as it seeks to cement a revival of its European hypermarkets and expand in the key emerging market of Brazil.Financial ...

 



 
Index Closing Chg%
Arrow DJIA 18,135.72 0.21
Arrow Nasdaq 4,982.81 0.32
Arrow S&P 2,101.04 0.12
Arrow FTSE 6,961.14 0.6
Arrow DAX 11,504.01 1.00
Arrow CAC-40 4,963.51 0.94
Arrow Nikkei 18,751.84 0.26
Arrow H.Seng 24,193.04 1.11
Arrow Sensex 29,448.95 0.23







ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyDecember
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $16.137 bln