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Spanish yields fall on repo market distortions  LONDON: Yields on Spanish government bonds fell on Friday, with traders saying distortions in the repo market were feeding through to the cash market for the country's debt. Spanish government bonds have been in short supply in the repo market, where banks commonly use them as collateral to raise funds, since domestic banks parked them at the ECB in return for cash -- particularly the three-year loans. "There is a big squeeze in the repo market ... so therefore people are scrambling to cover and that is giving a bid to the cash market," a trader said. Spanish 10-year government bond yields fell 10 basis points on the day to 6.48 percent. Five-year Spanish yields fell 20 bps on the day to 5.41 percent. Spanish 2-year government bond yield fell 19 bps to 3.74 percent. Copyright Reuters, 2012 ...

Turkish bond yields fall after central bank holds rates  ISTANBUL: Turkey's busiest two-year benchmark yield fell to 7.77 percent from 7.92 percent after the central bank decided against changing its interest rates at a monthly meeting on Thursday. The lira firmed against the dollar to 1.7972 from 1.7987 before the decision was announced. Rather than touch rates, the central bank opted to ease monetary policy gently by raising the amount of lira reserves that commercial lenders can hold in foreign currencies and gold. The main share index ...
Bunds fall to seven week lows, dragged by Treasuries  LONDON: German Bund futures fell on Thursday, pulled down by a further sell-off in US Treasuries after a batch of upbeat economic data and with few developments seen in the euro zone debt crisis before next month.  Better-than-forecast US jobs, retail sales and industrial production data have lowered expectations of a further round of policy easing by the Federal Reserve and 10-year Treasury yields have risen around 20 basis points this week, although other releases have ...
Bunds break technical levels to fall to 6-week low  LONDON: German Bund futures extended losses on Wednesday after breaking through key technical levels. Bund futures fell to a session low of 142.06 having briefly broken below support levels at last week's low of 142.17 and 142.22 - the 62 percent retracement of the June to July rally. The contract was last 21 ticks lower at 142.22. Analysts look for the market to close below key technical levels to consider it a comprehensive signal of sentiment. Copyright Reuters, ...
Bunds falter on resilient German Q2 growth  LONDON: Bund futures fell on Tuesday after German and French data showed the euro zone's two leading economies withstood a contraction in the currency bloc in the second quarter, but doubts over latest efforts to stem the debt crisis capped losses. Seasonally adjusted data showed German gross domestic product grew 0.3 percent in the second quarter on the back of solid exports and consumption. Earlier, figures showed French GDP was static in the second quarter, confounding ...
Bund futures fall after German, French GDP data  LONDON: German Bund futures fell on Tuesday after forecast-beating German and France growth data, easing concerns that the euro zone's two biggest economies were sliding into recession with the bloc's ailing periphery. Seasonally-adjusted data showed gross domestic product grew 0.3 percent in the second quarters on the back of solid exports and consumption. Earlier, figures showed French GDP was static in the second quarter confounding expectations of a contraction. Low-risk Bunds retreated after the figures but losses ...
Bunds fall back to middle of last week LONDON: German Bund futures fell in thin trade on Monday, with investors reluctant to trade beyond recent ranges due to uncertainty over how policymakers will act against a weaker economic outlook and high Italian and Spanish borrowing costs. Bund futures were last 39 ticks lower at 143.01, in the middle of last week's 142.17-143.66 trading range. Copyright Reuters, 2012 ...


Index Closing Chg%
Arrow DJIA 18,135.72 0.21
Arrow Nasdaq 4,982.81 0.32
Arrow S&P 2,101.04 0.12
Arrow FTSE 6,961.14 0.6
Arrow DAX 11,504.01 1.00
Arrow CAC-40 4,963.51 0.94
Arrow Nikkei 18,751.84 0.26
Arrow H.Seng 24,193.04 1.11
Arrow Sensex 29,448.95 0.23

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $16.137 bln