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Markets on edge after worst turmoil in four years LONDON: Global markets showed some signs of stabilisation on Thursday after their most turbulent day in four years, but worries about world growth and the end of years of U.S. stimulus kept investors in a fraught mood.European stocks bounced 1 percent as the region's bourses opened after Wednesday's 3.2 percent plunge, but fell back into the red soon after on concerns about a bond market sell-off in the debt of peripheral euro zone countries.In the currency markets, the U.S. dollar started to slip again after one of its sharpest drops of the year while the safe-haven Japanese yen and gold both held on to most of their gains, leaving them near their highest in a month."Markets are likely to be picking up the pieces today and trying to work out where we go from here," said Rabobank strategist Michael Every."In Europe we only have final September CPI, but in the ...

Emerging stocks at new 7-month lows; oil rout hits Middle East LONDON: Emerging stocks touched new seven-month lows on Thursday, led by steep falls in major oil-exporting markets after another slide in the oil price and persistent concerns about the global economic recovery.MSCI's emerging equity index slipped 0.9 percent after the previous day's 1 percent fall, sparked by a Wall Street rout and flight to safe-haven bonds after disappointing U.S. data reinforced worries about the global economy. Most Asian bourses posted heavy falls.With the price of ...
European shares hit 13-month low on growth, deflation worries LONDON/PARIS: European shares extended their recent steep losses on Thursday, with a benchmark index slipping to a 13-month low, on mounting concerns over weakness in the global economy and fears of deflation in the euro zone.At 1052 GMT, the pan-European FTSEurofirst 300 index was down 1.9 percent at 1,228.15 points after touching an intra-day low of 1,215.62, the lowest level since September last year. It has slumped more than 13 percent in four weeks."Nobody wants ...
UK FTSE heads for steepest 2-day fall since 2011 LONDON: Britain's top equity index was heading for its steepest two-day fall in three years on Thursday as investors stampeded out of global equities on concerns about an economic slowdown and political instability in Greece.The blue-chip FTSE 100 index was down 1.9 percent at 6,096.17 points, having hit its lowest level since June 2013 at 6,072 points earlier. The index's 4.6 percent fall over the past two days is the steepest since the height of ...
European shares slip again as selling pressure resumes PARIS: European shares reversed an early rebound and slipped again on Thursday morning, resuming their month-long sell-off as worries over the strength of the global economy and fears of deflation in the euro zone kept investors on edge.At 0820 GMT, the FTSEurofirst 300 index of top European shares was down 0.2 percent at 1,249.39 points, after gaining as much as 1 percent at the open.The index sank 3.2 percent on Wednesday, suffering its biggest one-day ...
European shares reverse early rebound and drop again PARIS: European shares reversed an early rebound and dropped again on Thursday morning, resuming their month-long sell-off as worries over the strength of the global economy and fears of deflation in the euro zone kept investors on edge.At 0750 GMT, the FTSEurofirst 300 index of top European shares was down 0.3 percent at 1,248.65 points, following on from a 3.2 percent slump on Wednesday."We have a 'sell' position on the market in the short term," ...
European stock sell-off accelerates on global growth jitters PARIS: A sell-off in European stocks accelerated on Wednesday as investors slashed exposure to risky assets such as equities and oil on mounting worries about the pace of global growth.Shares extended their slide in afternoon trading after data showed U.S. retail sales declined in September and prices paid by businesses fell, fuelling concern that consumer demand may be faltering while inflation is failing to gain traction.Greek equities featured among the top losers, as Athens's benchmark ...

 



 
Index Closing Chg%
Arrow DJIA 17,195.42 1.30
Arrow Nasdaq 4,566.14 0.37
Arrow S&P 1,994.65 0.62
Arrow FTSE 6,463.55 0.15
Arrow DAX 9,114.84 0.35
Arrow CAC-40 4,141.24 0.74
Arrow Nikkei 15,658.00 1.67
Arrow H.Seng 23,702.04 1.49
Arrow Sensex 27,346.33 0.92





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJuly-June
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln