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Dollar eases in Asia after weak China data TOKYO: The dollar slipped in Asia on Tuesday as weak Chinese growth data rekindled concerns about the global economy.In Tokyo afternoon trading, the greenback slipped to 106.59 yen against 106.92 yen in New York.The euro rose to $1.2810 from $1.2800, while it weakened to 136.54 yen from 136.86 yen in the US.Traders moved into the yen -- seen as a safe-haven currency in times of turmoil or uncertainty -- as official data showed China's gross domestic product expanded 7.3 percent year-on-year in July-September, slumping to a five-year low despite official efforts to shore up growth in the world's second-largest economy.The third-quarter figure announced by the National Bureau of Statistics (NBS) was lower than the 7.5 percent expansion in the previous three months, but exceeded the median forecast of 7.2 percent in an AFP survey of 17 economists.It is the slowest since the 6.6 percent expansion recorded in the first quarter ...


China's yuan touches 7-month high after better-than-expected Q3 growth SHANGHAI: China's yuan rose against the dollar on Tuesday, matching a seven-month high of 6.1209 reached last week right after the government posted slightly better-than-expected economic growth for the third quarter.The spot market opened at 6.1241 per dollar, and was changing hands at 6.1217 at midday, 0.02 percent firmer than the previous close.Before trading began, the People's Bank of China (PBOC) set its midpoint rate at 6.1410 per dollar, up 0.04 percent from the previous ...

Aussie edges higher after China GDP; dollar slips vs yen SINGAPORE: The Australian dollar edged higher on Tuesday after China's third-quarter economic growth slightly exceeded market expectations, while the US dollar struggled to gain traction and retreated against the yen. China's economy grew 7.3 percent in July-September from a year earlier, slightly above the 7.2 percent forecast by analysts. However, the growth was the weakest for any quarter since the 2008/09 global financial crisis. The Aussie dollar, often seen as a liquid proxy of Chinese ...

Australian & NZ dollers gains, focus turns to China data SYDNEY/WELLINGTON: The Australian and New Zealand dollars stood firm on Tuesday, underpinned by a stabilisation in commodity prices as investors awaited key Chinese economic indicators amid global growth concerns.The Australian dollar paused at $0.8785, having gained 0.4 percent on Monday and pulling away from a four-year trough of $0.8642 touched earlier this month.Immediate focus was on a raft of Chinese economic data, including GDP for the July-September quarter, industrial output and retail sales for September.Growth ...

Dollar steady as currency majors brace for China data TOKYO: The US dollar started on a steady footing on Tuesday, as foreign exchange markets braced for a batch of Chinese economic indicators amid lingering investor worries over signs of a slowdown in Asia's economic powerhouse and global growth.The China data could influence investors' perception on the US Federal Reserve's monetary policy track, and by extension, the fate of the US dollar. "Because slowdown in China is one major reason behind investor concerns on global ...

Dollar softer after run-up, yen supported by stock gains NEW YORK: Major currencies traded in tight ranges on Monday with investors facing a vacuum of data and modest price changes in global markets, save for Japan where stocks rallied on possible public pension fund spending, which helped bring down the yen. After a week of wide currency market gyrations, investors appear to have settled in for a quiet start to the week, unwilling to make fresh bets ahead of Wednesday's US inflation data and ...

Australian dollar jumps after China GDP data beats forecasts SYDNEY: The Australian dollar jumped a quarter of a US cent after Chinese economic growth data was slightly above expectations.The Aussie went as high as $0.8815, from $0.8773 before the figures, and was last at $0.8800 to show a 0.2 percent gain on the day.The Aussie, which hit a four-year trough of $0.8642 earlier this month, is often seen as a liquid proxy of China's growth prospects given Australia's large trade exposure to the Asian ...


 



 
Index Closing Chg%
Arrow DJIA 16,677.90 1.32
Arrow Nasdaq 4,452.79 1.60
Arrow S&P 1,950.82 1.23
Arrow FTSE 6,419.15 0.30
Arrow DAX 9,047.31 1.20
Arrow CAC-40 4,157.68 1.28
Arrow Nikkei 15,138.96 0.37
Arrow H.Seng 23,333.18 0.30
Arrow Sensex 26,851.05 0.24





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln