All
 

 

Just in:  

You are here: Home»Markets»FXMM

Markets - FXMM

Archive

South Africa's rand slumps to two-month low, economic data weighs JOHANNESBURG: South Africa's rand stumbled more than 1 percent to its weakest in two months against the dollar on Monday, as a recent raft of weak data rekindled investor concerns about the ailing economy.The local unit slumped to a session low of 10.6960, a level last seen on March 27 according to Thomson Reuters data, and was trading at 10.6850 by 1558 GMT, down 1.05 percent from Friday's close.The rand extend losses after data showed South Africa's new vehicle sales fell 9.2 percent year-on-year in May to 49,465 units.The market is still reeling from last week's numbers showing the economy shrank in the first quarter of the year, the first contraction since a 2009 recession."The underperformance of the rand is quite understandable because for the last 10 days the market has been surprised on the negative side by all the data out of South Africa," said HSBC EMEA forex strategist ...


Euro near recent lows, undermined by ECB easing expectations LONDON: The euro fell against the dollar on Monday, as subdued inflation readings in Germany and slower-than-expected manufacturing growth in the euro zone piled pressure on the European Central Bank to aggressively ease monetary policy this week.Currency speculators increased short positioning on the euro to 16,633 contracts from 9,220 last week, according to data for the week ended May 27 released by the Commodity Futures Trading Commission on Friday.The ECB is preparing a package of ...

India rupee weakens for third straight day; RBI policy watched MUMBAI: The Indian rupee weakened for a third consecutive session on Monday as caution ahead of the central bank's policy review and dollar demand from oil importers offset the biggest daily gains in domestic shares in three weeks.Investors were focussed on the Reserve Bank of India's monetary policy review on Tuesday which will give an insight into its inflation and rates outlook. All but three of the 52 economists polled by Reuters expect the RBI ...

Sri Lanka rupee steady; state banks curb gains COLOMBO: The Sri Lanka rupee ended steady on Monday as dollar inflows from remittances and banks' dollar sales were offset by state banks' buying to prevent possible sharp gains in the local currency, dealers and officials said.Dealers expect the local currency to face upward pressure until demand for imports and credit picks up.The rupee ended at 130.35/37 per dollar little changed from Friday's close of 130.35/38 per dollar.Dealers said the two state banks, through which ...

Sterling takes UK data in its stride, slips vs dollar, up vs euro LONDON: Sterling was on the front foot against the euro but weaker against the dollar on Monday as traders took their cue from broad market trends, absorbing UK manufacturing and mortgage data that contained no major surprises. Data showed that British manufacturing grew in line with forecasts at a slightly slower pace in May than April, while mortgage approvals in April fell to their lowest level since last July, adding to signs the housing market ...

Egypt pound stable at central bank sale, on black market after elections CAIRO: The Egyptian pound was stable at a central bank dollar sale on Monday and on the black market, days after Egypt elected former army chief Abdel Fattah al-Sisi as its new president and the central bank left its key rates unchanged. It was the first time since April 10 that the bank did not let the pound weaken at a dollar auction. Sisi, who toppled Egypt's first freely elected leader last July following mass ...

Euro pressured by expectations of ECB easing, eyes recent lows LONDON: The euro fell against the dollar on Monday, as investors and speculators braced for further monetary stimulus from the European Central Bank this week and added to bets against the common currency.Currency speculators increased short positioning on the euro to 16,633 contracts from 9,220 a week earlier, according to data for the week ended May 27 released by the Commodity Futures Trading Commission on Friday. The ECB is preparing a package of policy options ...


 



 
Index Closing Chg%
Arrow DJIA 17,689.86 0.03
Arrow Nasdaq 5,128.28 0.01
Arrow S&P 2,103.84 0.23
Arrow FTSE 6,696.28 0.41
Arrow DAX 11,308.99 0.46
Arrow CAC-40 5,082.61 0.72
Arrow Nikkei 20,585.24 0.30
Arrow H.Seng 24,636.28 0.56
Arrow Sensex 28,114.56 1.48





New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk



Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln