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European shares capped by Fed hike worries; M&A boosts telecoms LONDON: European shares slipped for a third straight session on Tuesday, weighed down by companies which trade dollar-denominated commodities such as oil, as investors shortened the odds on an early hike in U.S. interest rates.Research from Federal Reserve economists published late on Monday showed Fed members expect a higher trajectory for interest rates than investors are pricing in, boosting bond yields and sending the dollar to a 14-month high against the euro.The euro zone blue-chip Euro STOXX 50 index fell 0.3 percent to 3,259.47 points.The FTSEurofirst 300 index of European shares was flat at 1,390.21 points. The index has been retreating from a 6-1/2 year high hit on Thursday, at the peak of a four-week rally."As the bond markets all gently back up in yield, the equities look round wondering where the prop was that they were resting on," Andy Ash, head of sales at Monument Securities, said."Certainly currency moves ...

Weak energy stocks and Scotland uncertainty peg back UK's FTSE LONDON: Britain's top shares fell on Tuesday as weaker energy stocks weighed, extending the previous day's retreat on concerns that Scotland could vote to leave the United Kingdom.Stocks showed little reaction to comments from Bank of England Governor Mark Carney suggesting that the bank might start to raise interest rates next spring.A decline in the share prices of major energy stocks such as Royal Dutch Shell and BP, which fell more than 1 percent, took ...
Russian stocks up after EU delays sanctions MOSCOW: Russian stocks rose on Tuesday after the European Union delayed enforcing new sanctions against Russia and raised the possibility that they could be reconsidered altogether if a ceasefire in Ukraine holds. At 0810 GMT, the dollar-denominated RTS index was up 0.2 percent to 1,249 points, while the rouble-based MICEX index was 0.3 percent higher at 1,470 points. The rouble was flat against the dollar at 37.06 but gained 0.3 percent to 47.68 versus the ...
European shares steady, Telecom Italia and ABB standout gainers LONDON: European equities steadied after choppy early trading on Tuesday as gains for shares in companies including Telecom Italia and ABB were offset by weaker energy shares following a sharp decline in crude oil prices. Telecom Italia rose 2.9 percent after America Movil said it would hold talks with Brazil's Oi SA over joining its bid to buy Telecom Italia's Brazil unit, while ABB rose 1.5 percent after saying it will buy back $4 billion ...
Russian assets rise after EU delays sanctions MOSCOW: Russian assets rose on Tuesday after the European Union delayed enforcing new sanctions against Russia to leave time to assess whether a ceasfire in Ukraine is holding. At 0630 GMT, the dollar-denominated RTS index was up 0.7 percent to 1,254 points, while its rouble-based peer MICEX traded 0.6 percent higher at 1,475 points. The EU delayed implementing the new package of sanctions because some governments wanted more discussion about how to suspend the sanctions ...
European stocks dip at open LONDON: Europe's main stock markets eased at the opening of trade on Tuesday, with London's benchmark FTSE 100 index down 0.08 percent to 6,834.69 points.Frankfurt's DAX 30 slipped 0.21 percent to 9,737.56 points and the CAC 40 in Paris lost 0.22 percent to stand at 4,465.10 compared with Monday's close.Copyright AFP (Agence France-Presse), 2014 ...
European stocks mixed, pound slumps on Scottish poll LONDON: European stock markets ended mixed on Monday, in part owing to profit-taking, while the pound slumped on a poll suggesting Scotland could break away from the United Kingdom in an imminent referendum.Brent crude oil, Europe's benchmark, meanwhile slid under $100 a barrel for the first time in more than 14 months against a backdrop of solid supplies and dampening demand growth, traders said.London's FTSE 100 index of top companies fell by 0.30 percent to ...

 



 
Index Closing Chg%
Arrow DJIA 17,031.14 0.26
Arrow Nasdaq 4,518.90 1.07
Arrow S&P 1,984.13 0.07
Arrow FTSE 6,804.21 0.04
Arrow DAX 9,659.63 0.09
Arrow CAC-40 4,428.63 0.29
Arrow Nikkei 15,948.29 0.25
Arrow H.Seng 24,356.99 0.97
Arrow Sensex 26,816.56 0.90





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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 15, 2014
Reserves $13.414 bln