All
 

 

Just in:  

You are here: Home»Markets»FXMM

Markets - FXMM

Archive

Australian, NZ dollars underpinned by global equities rally SYDNEY/WELLINGTON: The Australian and New Zealand dollars were on a firmer footing on Thursday, as a sharp rebound in Asian stock markets and better than expected business spending plans in Australia encouraged buying.The Australian dollar rose to $0.7142, from $0.7110 early, pulling away from a 6-1/2-year trough touched on Monday. Resistance was found at $0.7155 where dealers cited stops. The Aussie regained some ground against the yen at 85.71, having dropped to a low of 82.16 earlier in the week.Wall Street's sharp bounce overnight had improved the mood.But much of the strength came after China's Shanghai Composite index bounced more than 1 percent and helped soothe investors' nerves after days of sharp losses and wild swings.Also underpinning was a surprising, albeit slight, improvement in Australian capital expenditure plans for 2015/16 which came in on the high side of expectations at A$114.8 billion. Forecasts were for A$112.5 billion.The overall report, however, ...


Currency traders sell the yen as China fears ease TOKYO: Currency traders sold the yen Thursday as worries over China's economic slowdown eased slightly and after equity markets surged on the back of hints the US Federal Reserve will not raise interest rates next month.In Tokyo trading, the dollar rose to 120.06 yen, up from 119.98 yen in New York, while the euro was also stronger at 136.27 from 135.72 yen. The 19-nation euro was at $1.1349, up from $1.1312 in US trade.Fears over ...

Currencies weaken on China worries, stocks calm down BUDAPEST: Central European currencies slipped on Wednesday as worries persisted that China's economic slowdown would lead to further declines in the price of emerging market assets.Stocks were little changed after seeing their biggest swings for years earlier this week.Among currencies, the Polish zloty shed 0.1 percent against the euro by 0825 GMT. The Czech crown, the forint and the leu fell 0.2 percent."The forint has weathered both the Greek crisis and the Chinese worries quite ...

Dollar gains as stocks recover, lessens safe-haven bid for yen LONDON: The dollar rose on Wednesday as some calm returned to currency markets with Wall Street stock futures pointing to a firm start and European shares recouping some of their losses, all of which lessened the need to buy safe-haven currencies like the yen. China's central bank ramped up its efforts to shore up sentiment, pumping $21.8 billion into the money market, a day after it cut interest rates and relaxed reserve requirements for some ...

Uganda shilling weaker on current account deficit worries KAMPALA: The Ugandan shilling was weaker on Wednesday as traders brushed off intervention by the central bank the previous session and focused on a widening current account deficit. At 0922 GMT, commercial banks quoted the shilling at 3,580/3,610 to the US dollar, compared with Tuesday's close of 3,570/3,580. Bank of Africa trader Ahmed Kalule said the central bank's action would provide only a temporary brake on the currency's devaluation. "In the market, the current account ...

Australian, NZ dollars capped by Chinese market turmoil SYDNEY/WELLINGTON: The Australian and New Zealand dollars were held hostage on Wednesday to developments in China in another choppy trading session, with sentiment remaining brittle amid concerns over the Asian giant's economy.The Australian dollar was down 0.1 percent at $0.7132, having swung between positive and negative territory. It received a modest boost after data showing domestic construction work rose 1.6 percent in the second quarter, handily beating forecasts of a 1.5 percent fall."The positive is ...

Dollar ticks up after China moves to calm market turmoil TOKYO: The dollar ticked up against the yen on Wednesday as Chinese authorities moved to shore up the world's number two economy and reverse a global stock market bloodbath. In Tokyo, the dollar changed hands at 119.36 yen, up from 118.84 yen in New York late Tuesday. Fears over slowing growth in China have pushed investors into the yen -- a safe haven during times of turmoil -- sending the dollar tumbling to 116.18 yen ...


 



 
Index Closing Chg%
Arrow DJIA 16,643.01 0.07
Arrow Nasdaq 4,828.32 0.32
Arrow S&P 1,988.87 0.06
Arrow FTSE 6,247.94 0.90
Arrow DAX 10,298.53 0.17
Arrow CAC-40 4,675.13 0.36
Arrow Nikkei 19,136.32 3.03
Arrow H.Seng 21,612.39 1.04
Arrow Sensex 26,392.38 0.61





New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk



Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln