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TSX ends lower as resource stocks fall TORONTO: Canada's main stock index fell on Monday, weakening further after a 5 percent-plus drop last week despite a surge in takeover target Talisman Energy Inc shares as the broader resource-extraction industries weighed. The Toronto Stock Exchange's S&P/TSX composite index unofficially ended down 25.91 points, or 0.19 percent, at 13,705.14. Nineteen of the 20 heaviest weights were energy or mining stocks. Copyright Reuters, 2014

Dollar falls against yen on economic jitters; rouble hits lows NEW YORK: The Russian rouble posted its sharpest fall against the US dollar since 1998 on Monday, while the greenback slipped against the yen after a new slide in oil prices ignited concerns over the health of the global economy. The rouble weakened beyond 60 roubles per dollar for the first time as 5-1/2-year lows in oil prices threatened Russia's economy. Sales of oil and gas are Russia's chief source of export revenue, while tougher ...

Dollar up against euro ahead of Fed; oil worries lift yen NEW YORK: The US dollar rose against the euro on Monday on expectations that the Federal Reserve will take a less-dovish stance on monetary policy at the end of a two-day meeting on Wednesday, while risk aversion on lower oil prices underpinned the yen.Bets that the Fed would take a less-accommodative stance on monetary policy and remove the phrase "considerable time" in reference to its timeline for raising rates supported the dollar. Analysts said the ...

Sterling slips as investors bet Fed to hike rates before BoE LONDON: Sterling fell towards a 15-month trough against the dollar on Monday before a Federal Reserve meeting later in the week that could signal U.S. interest rates will be increased before those in Britain.Sterling slipped 0.7 percent to $1.5602, not far from the 15-month low of $1.5545 hit last week. Against the euro, it fell 0.2 percent to 79.61 pence.Data showing asking prices for British homes posting their biggest monthly fall on record in December ...

C$ breaches C$1.16 as crude's retreat hits harder TORONTO: The Canadian dollar fell through C$1.16 to the US dollar on Monday, touching its weakest level in 5-1/2 years as crude prices hit new multiyear lows.The Organization of the Petroleum Exporting Countries reaffirmed on Sunday its intention not to cut output despite a global fuel glut, reasoning that any output reduction would have little impact on price but would mean ceding market share.Canada is a major exporter of crude and the loonie's fortunes have ...

South Africa's rand retreats on economic woes, oil sell-off JOHANNESBURG: South Africa's rand weakened against the U.S. dollar on Monday, pressured by a gloomy economic outlook and dragged down with other emerging markets by an unrelenting oil sell-off.By 1530 GMT the local unit had weakened more than 1 percent to 11.7225 against the greenback.The rand had rallied in early trade after credit agency Fitch maintained its BBB rating and negative outlook, surprising market watchers who predicted it would downgrade Pretoria, as Standard & Poor's ...

Turkish lira hits 10 month low after media raid ISTANBUL: Turkey's currency the lira hit a 10-month low in value against the dollar on Monday as markets reacted with anxiety to police raids against media critical of President Recep Tayyip Erdogan.The lira lost 1.42 percent in value against the dollar to trade at 2.33 lira to the dollar, its lowest value since late January this year when the country was on the verge of a full scale currency crisis.Against the euro, the lira lost ...


Index Closing Chg%
Arrow DJIA 17,804.80 0.15
Arrow Nasdaq 4,765.38 0.36
Arrow S&P 2,070.65 0.46
Arrow FTSE 6,545.27 1.23
Arrow DAX 9,786.96 0.25
Arrow CAC-40 4,241.65 0.18
Arrow Nikkei 17,621.40 2.39
Arrow H.Seng 23,116.63 1.25
Arrow Sensex 27,371.84 0.90

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln