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Yen advances in Asian trade SINGAPORE: The yen strengthened in Asia Monday as investors sought out lower-risk investments as a hedge against geopolitical uncertainty fuelled by the MH17 tragedy and Israel's ground offensive in Gaza, analysts said.The dollar bought 101.26 yen in midday trade against 101.36 yen on Friday in New York, while the euro fetched 137.040 yen compared with 137.12 yen.The single currency was also at $1.3532 compared with $1.3525.Trading was quiet with Japanese financial markets closed for a holiday."Whatever favourable signals are coming from second-quarter earnings reports...a sentiment of uncertainty has returned to the markets recently," French bank Credit Agricole said in a market commentary."Military attacks within the Gaza strip, and growing tensions at the Ukraine/Russia border are contributing to this sense of unease," it said.The United States has accused Moscow of involvement in the downing of Malaysia Airlines Flight 17 in Ukraine Thursday with the loss of almost 300 lives.Russian President Vladimir ...

Australia, NZ dollars keep low profile as local events eyed WELLINGTON/SYDNEY: The Australian and New Zealand dollars were stuck in a holding pattern on Monday with a holiday in Japan and the risk of a fresh flare up in geopolitical tensions keeping investors firmly on the sidelines. The Aussie was a shade softer at $0.9391, having on Friday pushed up from $0.9336. It remained well within a $0.9320/9505 range seen in the past month. Its New Zealand counterpart marked time at $0.8702, steadying after last ...

Euro dips under $1.35, dollar gains broadly NEW YORK: The euro on Friday traded under the psychologically significant $1.35 level for the first time since February as the dollar gained broadly amid geopolitical tensions aggravated by the downing of a Malaysian airliner in Ukraine.The currency shared by 18 countries has been declining on speculation US policymakers may lift interest rates sooner than markets expected and dipped on Friday to $1.3492 shortly after the Bank of Italy cut its economic outlook, according to ...

Sterling slips on Ukraine worries, Carney interview talk LONDON: Sterling fell against the dollar on Friday as worries over an escalation of tensions between Russia and the West drove investors to cut long positions in the pound and seek out more liquid and safe-haven currencies.The pound's drop coincided with market speculation that Bank of England (BoE) Governor Mark Carney had given a dovish interview to a weekend newspaper. But the rumour was quashed by a BoE spokesman, causing the pound to regain a ...

South Africa's rand, bonds firmer in post-MPC glow JOHANNESBURG: South Africa's rand recovered its footing against the dollar on Friday, shaking off the previous day's late bout of risk aversion triggered by the downing of a Malaysian plane in Ukraine.Investors were still applauding the South African Reserve Bank's 25 basis point hiking of interest rates on Thursday to stem inflation pressures, a move seen boosting the rand's yield appeal. The local unit was up 0.93 percent 10.6595 to the greenback by 1521 GMT, ...

Indian rupee falls as global risk aversion rises MUMBAI: The Indian rupee fell to its weakest in a month against the dollar, tracking lower emerging market assets after the downing of a Malaysian airlines jet at the Ukraine-Russia border sent investors scurrying to defensive assets. The rupee fell 0.7 percent for the week, posting its biggest weekly loss since mid-June when emerging markets had reeled on worries about the prospect of civil war in Iraq. Global factors are likely to be the key ...

Dollar up after New York losses fuelled by plane tragedy TOKYO: The dollar edged up in Asian trade Friday after tumbling in New York on news that a Malaysia Airlines jet had crashed in Ukraine killing almost 300 people, with the US saying it had been shot down.The Malaysian ringgit slipped against the greenback in response to the tragedy, the second to hit the troubled carrier since the disappearance of flight MH370 in March.In Tokyo afternoon trading, the dollar bought 101.32 yen, up from 101.17 ...


Index Closing Chg%
Arrow DJIA 16,982.59 0.13
Arrow Nasdaq 4,444.91 0.10
Arrow S&P 1,978.91 0.03
Arrow FTSE 6,788.07 0.05
Arrow DAX 9,598.17 0.48
Arrow CAC-40 4,344.77 0.33
Arrow Nikkei 15,529.40 0.46
Arrow H.Seng 24,428.63 0.88
Arrow Sensex 25,991.23 0.52

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln