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European stocks drop before Fed update LONDON: European stock markets retreated on Wednesday, with investors booking profits ahead of an update from the US Federal Reserve and in reaction to eurozone unemployment data.Meanwhile the euro slipped as strong US jobs data heightened chances will continue with its cuts to its montly purchases of bonds.London's benchmark FTSE 100 fell 0.50 percent to end the day at 6,721.78 points, while Frankfurt's DAX 30 slid 0.09 percent to 9,497.84 points and the CAC 40 in Paris slipped 0.04 percent to 4,260.96 points."Traders are playing it safe as they await the update from the Fed," said David Madden, market analyst at IG traders."Tonight's minutes will give us an insight into why the US central bank decided to trim its bond-buying scheme, and we are likely to see low volumes and volatility until then."Investors are awaiting the release of minutes from the Federal Reserve's policy meeting to see if another cut ...

European stocks close lower LONDON: European stock markets closed lower on Wednesday, with London's benchmark FTSE 100 index ending the day down 0.50 percent at 6,721.78 points.Frankfurt's DAX 30 slid 0.09 percent to 9,497.84 points and the CAC 40 in Paris slipped 0.04 percent to 4,260.96 points.Copyright AFP (Agence France-Presse), 2014 ...
European stocks steady at open; London dips 0.02pc LONDON: European stock markets steadied at the start of trading on Wednesday, with London's benchmark FTSE 100 index down 0.02 percent at 6,754.17 points.Frankfurt's DAX 30 edged up 0.07 percent to 9,512.79 points and in Paris the CAC 40 added 0.13 percent to 4,268.21 compared with Tuesday's closing values.Copyright AFP (Agence France-Presse), 2014 ...
Fiat down 1pc after Moody's mulls rating downgrade MILAN: Shares in Fiat opened more than 1 percent lower on Wednesday after Moody's had placed its Ba3 rating of the carmaker under review for a possible downgrade following the company's deal to take full control of Chrysler Group LLC. The ratings agency said late on Tuesday that Fiat's $4.35 billion deal to buy out the stake in Chrysler it did not already own would "materially weaken Fiat's liquidity position at a time when the ...
European shares firm after Ireland return to debt market LONDON: European stock markets advanced on Tuesday alongside brighter eurozone economic data and as Ireland successfully tapped the bond markets for the first time since exiting its EU-IMF bailout.London's benchmark FTSE 100 index ended the day up 0.37 percent to 6,755.45 points, while the CAC 40 in Paris gained 0.83 percent to 4,262.68 points.Frankfurt's DAX 30 index also rose 0.83 percent to 9,506.20 points, with sentiment helped by upbeat German unemployment data.On the back of ...
European stocks close higher LONDON: European stock markets closed higher on Tuesday, with London's benchmark FTSE 100 index ending the day up 0.37 percent at 6,755.45 points.Frankfurt's DAX 30 rose 0.83 percent to 9,506.20 points and the CAC 40 in Paris also gained 0.83 percent to 4,262.68 points.Copyright AFP (Agence France-Presse), 2014 ...
Buoyant periphery leads Europe shares to five & half years high PARIS: European stocks rallied on Tuesday to hit 5 1/2-year highs as investors betting on economic recovery in southern Europe scooped up shares from the region. Spain's IBEX index led the rally, surging 2.9 percent in volumes that were more than twice the size of an average session. Bankinter rose 5 percent, Caixabank 7.2 percent and BBVA 5.7 percent. "Recent indicators in Spain are quite encouraging, with house prices stabilising, which ...

 



 
Index Closing Chg%
Arrow DJIA 17,828.24 0.01
Arrow Nasdaq 4,791.63 0.09
Arrow S&P 2,067.56 0.25
Arrow FTSE 6,722.62 0.01
Arrow DAX 9,980.85 0.06
Arrow CAC-40 4,390.18 0.18
Arrow Nikkei 17,459.85 1.23
Arrow H.Seng 23,987.45 0.07
Arrow Sensex 28,693.99 0.90






Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln