Just in:  

You are here: Home»Markets»FXMM

Markets - FXMM


Dollar rises on ECB, SNB rate-cut expectations NEW YORK: The dollar rose across the board on Friday, hitting an eight-month high against a basket of currencies as speculation the Swiss National Bank would follow the European Central Bank in cutting deposit rates further pushed major competitors lower. Expectations of growing interest rate differentials between the dollar and major European currencies have pushed the dollar index up to near its yearly peak of 100.390, the highest it has been since June 2003. Most analysts anticipate the Federal Reserve will raise US interest rates next month, strengthening the dollar, while the ECB and SNB are expected to announce further easing.For the week, the dollar is up more than 1.1 percent against the Swiss franc, having touched a five-year high against the safe-haven currency on Friday.It was the second straight week of 1 percent gains for the dollar against the franc, having risen nearly 1.2 percent last week. The euro ...

South Africa's rand weakens on US rate outlook; stocks weaker JOHANNESBURG: The rand fell to its weakest in nearly two weeks against the dollar on Friday, and analysts expect further losses next week if a US rate increase looks more likely or if ratings agencies give negative reviews on South Africa's credit rating. Stocks ended more than 1 percent lower, with media and e-commerce group Naspers among the biggest losers. Mining companies took the most points off the benchmark index. The rand touched a session ...

Euro weak ahead of European Central Bank meeting TOKYO: The euro on Friday hovered around seven-month lows on the dollar and was also weak against Asian currencies on speculation that the European Central Bank will unleash fresh stimulus measures next week.Further action by the ECB to boost the 19-nation eurozone economy was likely to heap pressure on Asian policymakers to loosen their own monetary policy in a bid to push down their units to stay competitive, analysts said.The euro Friday declined against a ...

Asia FX weaken; yuan set for longest weekly losing streak in 5 months SINGAPORE: Most emerging Asian currencies eased on Friday and were set to suffer weekly losses on broad strength in the dollar, with US interest rates expected to rise for the first time in around a decade later at time when the European Central Bank is expected to add extra stimulus.The Chinese yuan was poised to post its longest weekly losing streak in five months as the central bank set its daily guidance rate at a ...

Currencies ease, Polish stock market jittery BUDAPEST: Central Europe's main currencies extended losses slightly on Thursday as expectations of European Central Bank monetary easing and Federal Reserve tightening next month, as well as geopolitical tension in the Middle East, weighed on sentiment.Turnover was thin, however, as the Thanksgiving holiday in the United States dampened trade in global markets.The Polish zloty and the Hungarian forint were 0.2 percent weaker against the euro by 1510 GMT, with the Polish currency trading at its ...

South Africa's rand weakens as investors bet on Fed hike, stocks up JOHANNESBURG: South Africa's rand was on the backfoot against the dollar on Thursday, turning in the second-weakest performance in a basket of 25 emerging market currencies offloaded by investors bracing for higher US rates. Stocks ended slightly firmer with bourse heavyweight Anglo American among the biggest gainers as metal prices cruised higher. The rand fell 1 percent to a session low of 14.2900 per dollar, and was 0.9 percent softer at 14.2750 by 1534 GMT, ...

Euro slips as bets on deeper negative rates in ECB grow LONDON: The euro hovered near seven-month lows against the dollar and lost ground against the yen on Thursday as investors bet against it, expecting the European Central Bank to ease monetary policy again next week. In the United States, investors squared positions on Wednesday before the Thanksgiving holiday. Few are likely to be active on Friday, keeping volumes low and ranges tight going into the weekend. Nevertheless, the gap between yields on two-year US and ...


Index Closing Chg%
Arrow DJIA 17,798.49 0.08
Arrow Nasdaq 5,127.52 0.22
Arrow S&P 2,090.11 0.06
Arrow FTSE 6,375.15 0.28
Arrow DAX 11,293.76 0.24
Arrow CAC-40 4,930.14 0.32
Arrow Nikkei 19,883.94 0.30
Arrow H.Seng 22,068.32 1.87
Arrow Sensex 26,128.20 0.65

Wholesale Camping Equipment from China at 

New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk

Ad Asia 2015

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 23, 2015
Reserves $19.713 bln