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Bunds rangebound as investors await Fed LONDON: German Bund futures rose in thin trade on Wednesday but were expected to move in a narrow range with investors reluctant to take big bets before a two-day US monetary policy meeting ends.Comments by Federal Reserve Chairman Ben Bernanke last month fired up speculation the US central bank could soon curb its asset buying, hurting equity and bond markets.He is expected to announce later on Wednesday the Fed will keep buying bonds at a monthly pace of $85 billion while holding their options open to scale back the programme later this year if the US labour market continues to improve.."Everyone is a bit cautious given there is not only uncertainty to what Bernanke is going to say... but also how the market will interpret any comments," Michael Leister, senior interest rate strategist, at Commerzbank said.German Bund futures rose 31 ticks on the day to 143.52, having seen their biggest ...

Bunds dip on firmer equities, focus on Fed LONDON: German Bund futures fell on Monday as equities rebounded but losses were seen capped before a US Federal Reserve meeting later this week that could shed light on its stimulus programme.Concern the Fed could start reducing its debt purchases has stirred financial markets over the past few weeks, driving German 10-year yields to their highest levels in three months just above 1.60 percent.Some of those moves reversed late last week after data showed the ...
Danish central bank says sticks to bond issuance strategy COPENHAGEN: Denmark's central bank will stick to its previously announced 75 billion Danish crown ($13.37 billion) issuance target for domestic government bonds this year, the bank said in a statement on Friday.The target for outstanding treasury bills is 30 billion crowns at the end of the year, it said, adding that foreign funding for 2013 was completed with the issuance of a $1.5 billion three-year loan in April.As of June 13, the government had issued ...
Euro zone bonds fall across board on stimulus concerns LONDON: Euro zone government bonds fell across the board on Tuesday as investors fretted that central bank stimulus that has buoyed financial markets this year might not be as abundant in future.Lower-rated euro zone debt underperformed German Bunds after the Bank of Japan announced no new measures to stem bond market volatility, further unsettling investors who have been worried about the outlook for the US Federal Reserve's bond purchases.Investors were also wary of adding to ...
Bunds rise in choppy trade, yields seen stabilizing LONDON: German bonds rose in choppy trading on Monday, but analysts expected yields to hold around current levels with no major data this session and uncertainty over the US monetary policy outlook.French and Italian industrial output data was mixed on Monday, while figures on Friday showed US employers stepped up hiring a bit in May, keeping alive the prospect of the Federal Reserve eventually scaling back its bond-buying programme.The US jobs numbers were not strong ...
US bonds up as retreating stocks revive safety bid NEW YORK: Treasury debt prices jumped on Thursday as stock market losses on Wall Street revived a bid for safe-haven US government debt ahead of the closely watched non-farm payrolls report.Euro zone stocks also retreated and periphery sovereign bond yields widened after the European Central Bank kept rates on hold. At a news conference, European Central Bank President Mario Draghi later said the ECB was "technically ready" for negative rates, but gave no suggestion it ...
Bunds rise as Fed uncertainty hits risky assets LONDON: German Bunds pushed higher on Thursday as uncertainty over when the US Federal Reserve will start scale back its stimulus programme soured investor appetite for riskier assets.Low-risk Bunds were also supported by expectations the European Central Bank will keep monetary policy ultra-easy at its meeting later in the day.With the ECB widely expected to keep interest rates unchanged at 0.50 percent, the market will be focusing on President Mario Draghi's news conference for a ...

 



 
Index Closing Chg%
Arrow DJIA 15,318.23 0.91
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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyMay
Trade Balance $-2.171 bln
Exports $2.175 bln
Imports $4.346 bln
WeeklyJune 17, 2013
Reserves $11.446 bln