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Dollar hits six-year peak versus yen, ECB aims cash hose LONDON: The dollar vaulted to a six-year peak against the yen on Thursday as the Federal Reserve's outlook for rising interest rates underlined the diverging path between the United States and the rest of the rich world.It came as the European Central Bank prepared to turn its liquidity taps back on in full after a 2-1/2 year break, and as voters in Scotland started hitting the polls to decide whether to separate from the rest of the United Kingdom.With the Fed renewing its pledge to keep interest rates near zero for a considerable time and the ECB aiming its cash hose, European shares opened firmer.The Scotland uncertainty kept the pressure on a flat FTSE in London, but France's CAC40 and the Dax in Germany climbed 0.2 and 0.4 percent respectively to give the region a positive overall slant.The ECB will announce at 0915 GMT how much banks will take in ...

UK's FTSE gains on Fed, shrugs off Scotland referendum angst LONDON: Britain's top shares rose on Thursday as investors put aside angst about an independence vote that got underway in Scotland to focus on the prospect of an extension of ultra-low interest rates in the United States.Equities across Europe temporarily trimmed gains when the European Central Bank handed out a below-forecast 82.6 billion euros ($106.38 billion) in its first offering of four-year loans to banks.But traders said this was offset by expectations that a small ...
UK's FTSE lags European bourses as Scotland vote starts LONDON: Britain's top equity index edged lower on Thursday, lagging gains elsewhere in Europe, as uncertainty over an independence vote that got under way in Scotland pegged back UK stocks. Scots began voting in an independence referendum that will decide the fate of the United Kingdom, after opinion polls showed hundreds of thousands were still agonizing over whether to retain the 307-year union with England or back secession. Five surveys - from YouGov, Panelbase, Survation, ...
European shares track Wall St gains after Fed PARIS: European stocks inched higher in early trade on Thursday, tracking gains on Wall Street after the US Federal Reserve renewed its pledge to keep ultra-low interest rates for a "considerable time". At 0703 GMT, the FTSEurofirst 300 index of top European shares was up 0.3 percent at 1,388.64 points. On Wednesday, the Fed reaffirmed its commitment to keep interest rates near zero for a "considerable time," and repeated concerns over slack in the labor ...
European stocks close mixed LONDON: Europe's main stock markets closed mixed on Wednesday, with London's benchmark FTSE 100 index shedding 0.17 percent to 6,780.90 points.In Paris, the CAC 40 rose 0.50 percent to 4,431.41 points, while Frankfurt's DAX index gained 0.30 percent to 9,661.50 points.Copyright AFP (Agence France-Presse), 2014 ...
European shares end higher as Fed statement seen less hawkish LONDON: European equities advanced in cautious trading on Wednesday on expectations that the US Federal Reserve may signal after a meeting later in the day that it will continue to keep interest rates low for a longer period. However, British equities underperformed, as investors remained jittery ahead of Scotland's referendum on independence on Thursday. Three opinion polls showed Scottish supporters of staying in the United Kingdom were 4 percentage points ahead of secessionists. Britain's blue-chip ...
European shares rise as Fed statement seen less hawkish LONDON: European equities advanced in cautious trading on Wednesday on expectations that the U.S. Federal Reserve may signal after a meeting later in the day that it will continue to keep interest rates low for a longer period.However, British equities underperformed, as investors remained jittery ahead of Scotland's referendum on independence on Thursday. Three opinion polls showed Scottish supporters of staying in the United Kingdom were 4 percentage points ahead of secessionists.Britain's blue-chip FTSE 100 ...

 



 
Index Closing Chg%
Arrow DJIA 17,265.99 0.64
Arrow Nasdaq 4,593.43 0.68
Arrow S&P 2,011.36 0.49
Arrow FTSE 6,819.29 0.57
Arrow DAX 9,798.13 1.41
Arrow CAC-40 4,464.70 0.75
Arrow Nikkei 16,067.57 1.13
Arrow H.Seng 24,168.72 0.85
Arrow Sensex 27,112.21 1.81





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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