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Fed, China stimulus hopes boost shares; Scotland eyed LONDON: Global stocks and commodity prices rose on Wednesday, boosted by speculation the US Federal Reserve will maintain a pledge on low rates later in the day and by a report China's central bank will provide the country's big lenders with fresh loans.This anticipated stimulus from the world's two largest economies eclipsed the growing nervousness and uncertainty surrounding Thursday's Scottish independence referendum, which most polls suggest is still too close to confidently predict.With the exception of Britain's leading FTSE 100 index , equities in Europe and Asia tracked Tuesday's gains on Wall Street, which saw the Dow hit a fresh record high.Those gains came after the Wall Street Journal's Fed watcher Jon Hilsenrath said the central bank would keep the words "considerable time" in its policy statement, though it might qualify them.The phrase has become a touchstone in markets for when the Fed might start raising interest rates and dropping ...

Europe stocks track Wall St rally ahead of Fed PARIS: European shares rose in early trade on Wednesday, mirroring a rally on Wall Street sparked by a report which shifted investor expectations for the US Federal Reserve's policy statement due later in the day. At 0704 GMT, the FTSEurofirst 300 index of top European shares was up 0.4 percent at 1,384.99 points, after hitting a two-week low in the previous session.After early losses in New York on Tuesday, major indexes turned positive, with traders ...
Shares in Russia's Sistema collapse as chairman under house arrest MOSCOW: Shares in Russia's Sistema holding company dropped 27 percent in early trading in Moscow on Wednesday after its chairman was placed under house arrest by investigators, dragging Russia's wider stock market lower. Sistema's Vladimir Yevtushenkov was accused of money-laundering late on Tuesday in connection with his company's acquisition of oil producer Bashneft. Sistema, which also controls Russia's biggest mobile phone operator MTS , has said it considers the accusations baseless, and the head of ...
European stock markets slide ahead of Fed meet LONDON: European stock markets slid on Tuesday as investors looked ahead to a policy meeting of the US Federal Reserve and the looming referendum on Scottish independence.However sterling steadied, while the euro firmed, and the ruble tumbled.London's benchmark FTSE 100 index shed 0.18 percent to close at 6,792.24 points, while Frankfurt's DAX index dropped 0.28 percent to 9,623.93 points and in Paris the CAC 40 fell 0.44 percent to 4,409.15 points."Shares in Europe fell across ...
European stock markets fall ahead of Fed LONDON: European stock markets dropped on Tuesday as investors looked ahead to a policy meeting of the US Federal Reserve and the looming referendum on Scottish independence.London's benchmark FTSE 100 index slid 0.49 percent to 6,770.71 points in mid-afternoon trading in the British capital.Frankfurt's DAX 30 fell 0.52 percent to 9,609.49 points and the CAC 40 in Paris lost 0.74 percent to stand at 4,395.86 compared with Monday's close.Sterling and the ruble fell, and the ...
Financial stocks push UK's FTSE lower as Scottish vote nears LONDON: Britain's top share index fell on Tuesday, with financial stocks underperforming as investors showed reluctance to buy up new positions due to uncertainty before Scotland's independence vote on Thursday.The blue-chip FTSE 100 index was down by 0.4 percent, or 25.20 points, at 6,779.01 points going into the close of the trading day, with a fall in financial stocks taking the most points off the index."With the uncertainty around the Scottish election, we're seeing a ...
European stock markets lower ahead of Fed LONDON: European stock markets dropped on Tuesday as investors looked ahead to a policy meeting of the Federal Reserve and the looming referendum on Scottish independence.Shares in Spanish fixed-line operator Jazztel meanwhile soared, a day after French telecom giant Orange made a 3.4-billion-euro ($4.4-billion) for the firm against a background of restructuring in the European telecom sector.London's benchmark FTSE 100 index slid 0.63 percent to 6,761.32 points around midday in the British capital.Frankfurt's DAX 30 ...

 



 
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