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Stocks, currencies set for quarterly loss as dollar dominates LONDON: Emerging equities were set for their biggest quarterly loss in more than a year and currencies traded at multi-months low against a rising dollar, with Russian stocks and the rouble among the worst performers of the past three months.On the debt front, emerging bond spreads were at their widest since March, having blown out 50 basis points over the quarter on the EMBI Global index.With the dollar scaling new heights and volatility ticking up, there was little to cheer emerging market investors going forward said Erste Bank's Henning Esskuchen."What we are seeing is a change from the summer when markets were just starting to get uneasy about central bank action. That rally evaporated because of new negative top-down themes that wiped out any positives," said Vienna-based Esskuchen, an emerging equity strategist.Emerging market stocks hit a four-month low, dipping 0.2 percent, and are now up just 0.5 percent this year.The ...

European shares rise as inflation data raises prospect of ECB action LONDON: European shares rose on Tuesday, as another batch of weak euro zone inflation data raised the prospect of new stimulus measures from the European Central Bank (ECB) to boost the region's flagging economy.Euro zone inflation slowed to 0.3 percent in September, in line with market forecasts, because of falling prices of unprocessed food and energy, according to a first estimate by the European Union's statistics office.The persistently low price growth underscores the ECB's difficulties ...
Stocks head for worst quarter since euro crisis, dollar soars LONDON: A new trough in euro zone inflation pushed the euro to a two-year low on Tuesday, leaving the dollar on course for its biggest quarterly gain in six years and world stocks facing their largest drop since the peak of the euro crisis.Falling food and energy prices saw euro zone inflation slow to 0.3 percent this month, piling the pressure on the European Central Bank to make clear when it meets Thursday that it ...
European shares inch higher early; RBS jumps PARIS: European shares inched higher in early trading on Tuesday, led by shares of Royal Bank of Scotland after the UK lender cut provisions for bad loans.Shares in RBS surged 4.3 percent after the group said it will release 800 million pounds ($1.3 billion) from provisions it had set aside to cover losses on bad loans after an improvement in the economy, especially in Ireland.At 0706 GMT, the FTSEurofirst 300 index of top European shares ...
European shares inch higher early, RBS jumps PARIS: European stocks inched higher in early trading on Tuesday, halting a recent slide, with shares of Royal Bank of Scotland rising after the UK lender cut provisions for bad loans.RBS stock surged 3.9 percent after the group said it would release 800 million pounds ($1.3 billion) from provisions it had set aside to cover losses on bad loans after an improvement in the economy, especially in Ireland. Shares in the auto sector lost ground, ...
FTSE falls as Hong Kong unrest hits Asia-exposed stocks LONDON: Britain's top share index fell on Monday as unrest in Hong Kong weighed on Asia-exposed stocks and concern over demand for metals hit miners. The UK mining index shed 0.9 percent after copper prices sank to their lowest level in almost three months, weighed down by a sharp rise in the dollar and uncertainty about the outlook for growth in China. Concern over the situation in Hong Kong also hit the market.Democracy protesters defied ...
European stocks fall, euro hits new dollar-low LONDON: European stock markets fell on Monday and the euro struck the lowest level against the dollar for almost two years as investors worried about unrest in Hong Kong ahead of an ECB meeting.Hong Kong shares tumbled 1.90 percent on Monday -- with banks and retailers hit hard -- following weekend clashes between pro-democracy protesters and police, while parts of the financial hub remained closed down.Banks led the losers board in Europe, where London's benchmark ...

 



 
Index Closing Chg%
Arrow DJIA 17,042.90 0.17
Arrow Nasdaq 4,493.39 0.28
Arrow S&P 1,972.29 0.28
Arrow FTSE 6,622.72 0.36
Arrow DAX 9,474.30 0.55
Arrow CAC-40 4,416.24 1.33
Arrow Nikkei 16,173.52 0.84
Arrow H.Seng 22,932.98 1.28
Arrow Sensex 26,630.51 0.13





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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 $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklySeptember 25, 2014
Reserves $13.305 bln