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European stock markets begin week with losses LONDON: Europe's stock markets fell on Monday in the absence of major economic and results news from the region, leaving investors to digest Japanese growth data and await US figures. London's FTSE 100 index dropped 0.26 percent to stand at 6,566.41 points approaching midday in the British capital.Frankfurt's DAX 30 slid 0.80 percent to 8,271.83 points and the CAC 40 in Paris shed 0.43 percent to 4,059.01 compared with Friday's closing values.Europe has seen a "subdued session so far with little in the way of corporate and economic news to incentivise the market", said Ishaq Siddiqi, market strategist at ETX Capital.European markets had closed higher on Friday, with mining stocks in particular receiving a boost from better-than-expected industrial output data from China, dealers said.On Monday, indebted eurozone nation Italy raised 7.5 billion euros ($9.9 billion) in one-year bonds at an auction when rates fell slightly, reflecting relative optimism among investors ...

Robust China data lifts shares, Fed fears linger LONDON: Signs of resilience in China's slowing economy on Thursday ended a 3-day selloff in world equities prompted by talk the US Federal Reserve could soon wind back its stimulus programme.US stock index futures pointed to Wall Street joining in the rebound later although weekly jobless claims data at 1230 GMT could reignite speculation on when the Fed will begin to trim its $85 billion monthly bond purchases.China reported exports and imports had risen surprisingly ...
UK's FTSE recovers as Chinese data boosts miners LONDON: Britain's benchmark equity index broke a four-day losing streak on Thursday as forecast-beating trade data from China, the world's biggest metals consumer, lifted mining stocks.China's exports and imports both rose more than expected in July, in a tentative sign of economic recovery.The basic materials sector added 8 points to Britain's FTSE 100, led by gains in Antofagasta and Anglo American .The blue-chip index rose 0.3 percent to 6,530.68 points by 0958 GMT, testing minor ...
Robust China trade data lifts shares, dollar weak LONDON: Signs of resilience in China's slowing economy on Thursday helped end a 3-day selloff in world equities prompted by talk the US Federal Reserve could soon wind back its stimulus programme.China's reported its exports and imports had rebounded surprisingly strongly in July, easing fears that a slowdown in the world's second largest economy will threaten the improving outlook in Europe and the fragile recovery in the United States.However, analysts were cautious about reading too ...
European stocks end mixed amid Fed tapering fears LONDON: European stocks ended the session mixed on Wednesday with London's index of leading shares taking the worst of the beating amid more indications that the US Federal Reserve could soon trim back its bond-buying programme.London's FTSE 100 index dropped 1.41 percent to close at 6,511.21 points, while Frankfurt's DAX 30 lost 0.47 percent to end at 8,260.48 points."An argument can certainly be made for tapering concerns," CMC Markets UK analyst Michael Hewson said. "Tapering ...
European stocks mostly fall, central bank action in focus LONDON: Europe's leading stock markets mostly fell on Wednesday after the Bank of England announced a major policy shift, saying it is now targeting unemployment as well as inflation.The new head if BoE Mark Carney said it would not raise its main interest rate, which has stood at 0.50 percent since March 2009, until unemployment rate has fallen to seven percent which it, according to its own forecasts, does not expect to happen for three ...
Shares fall on Fed tapering talk, pound up on BoE LONDON: Signs the US Federal Reserve might soon begin trimming its stimulus programme sparked falls in world shares on Wednesday, while a new Bank of England policy lifted sterling by changing expectations for a rate rise.US stock index futures pointed to Wall Street extending the share selloff, which was triggered when two Fed officials suggested the central bank may reduce the pace of bond purchases as early as next month, depending on economic data."We're going ...

 



 
Index Closing Chg%
Arrow DJIA 17,279.74 0.08
Arrow Nasdaq 4,579.79 0.30
Arrow S&P 2,010.40 0.05
Arrow FTSE 6,837.92 0.27
Arrow DAX 9,799.26 0.01
Arrow CAC-40 4,461.22 0.08
Arrow Nikkei 16,321.17 1.58
Arrow H.Seng 24,306.16 0.57
Arrow Sensex 27,090.42 0.08





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 18, 2014
Reserves $13.525 bln