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Swiss franc flat, just off 19-month low vs dollar  ZURICH: The Swiss franc hovered on Tuesday near a 19-month low it hit against the dollar the previous session, as it tracked a weak euro due to fears Spain will need a full-scale bailout. The franc has largely traded in tandem with the euro since the Swiss National Bank set a cap of 1.20 per euro last September as investors fleeing the single currency pushed the safe-haven unit up 20 percent in just a few months. On Monday, 10-year Spanish bond yields jumped as high as 7.596 percent, the highest since the euro was created in 1999. That saw the euro drop for a fourth straight day against the dollar to hit $1.2067, the weakest since June 2010. The franc was steady against the dollar from the New York close to trade at 0.9914 by 0654 GMT, off a new 19-month low hit on Monday as the currency eyed parity with the greenback. Alpari ...

German 10-year bond yields hit record low  LONDON: German 10-year government bond yields hit record lows on Monday as investors snapped up safe haven assets due to concerns that Spain may eventually need a sovereign bailout and dry up the euro zone's resources to fight the debt crisis. German 10-year yields fell as low as 1.126 percent, 4.2 basis points down on the day. Five-year yields also hit record lows of 0.22 percent earlier in the session. Copyright Reuters, 2012 ...
Spanish 10-year yields hit euro-era high above 7.5 percent  LONDON: Spanish 10-year government bond yields hit on Monday their highest level since the euro was launched as another regional request for central government aid further spooked markets and reinforced the view Spain will need a sovereign bailout. Tiny Murcia was on course on Sunday to be the second Spanish region to request help from the central government to keep it afloat, as media reported half a dozen local authorities were ready to follow in the ...
Bunds rally on Spanish, Greek worries  LONDON: German Bund futures rose on Monday, approaching their all time highs, as investors flocked to the safety of low risk assets with worries mounting that Spain will need a sovereign bailout and over Greece's future in the euro. The Spanish region of Murcia said it would seek financial assistance from the government, and media reported half a dozen other regions were ready to follow in the footsteps of Valencia, which said on Friday it would ...
Turkey ISTANBUL: Turkey's central government gross debt stock rose to 523.6 billion lira ($291 billion) at the end of June, Treasury data showed on Friday. At the end of May, the gross debt stock stood at 520.8 billion lira. Copyright Reuters, 2012 ...
Ten year Spanish yields hit euro era highs  LONDON: Ten year Spanish bond yields hit euro-era highs on Friday, as news a region in Spain would apply for the financial help from the central government reinforced worries that the country will eventually run out of funds and need a sovereign bailout. Spanish 10-year government bond yields hit a euro-era high of 7.32 percent and were last up 29 basis points on the day at 7.31 percent. Short-dated bonds came under even heavier pressure, with five-year ...
Spain/German yield spread hits widest in euro era  LONDON: The risk premium on Spanish 10-year government bonds rose to a euro-era high on Friday driven by the market's gloomy assessment of whether the country can avoid asking international lenders for a bailout. The Spanish/German 10-year government bond yield spread rose to 595 basis points versus 582 bps at Thursday's settlement close. Traders said there were no large selling flows behind the move which was exaggerated by a thin market, but reflected the prevailing view that ...


Index Closing Chg%
Arrow DJIA 17,409.00 1.31
Arrow Nasdaq 4,683.41 0.98
Arrow S&P 2,017.30 0.95
Arrow FTSE 6,810.60 0.22
Arrow DAX 10,737.87 0.25
Arrow CAC-40 4,631.43 0.44
Arrow Nikkei 17,606.22 1.06
Arrow H.Seng 24,595.85 1.07
Arrow Sensex 29,681.77 0.41

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln