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C$ strengthens, but lower oil prices seen weighing TORONTO: The Canadian dollar was marginally stronger against its US counterpart on Friday, but was seen at risk of weakening due to lower oil prices and worries about the results of European bank stress tests that are due on the weekend.Brent crude fell below $86 a barrel on news of strong supply from Middle East OPEC producers. Markets were also hit by news of the first confirmed case of Ebola in New York.The Canadian currency had strengthened on Wednesday after a Bank of Canada statement dropped a reference to neutrality on interest rates. But investors were unable to get more clarity from the central bank because a scheduled press conference was canceled after a gunman shot dead a soldier at the National War Memorial in Ottawa and gunfire erupted inside parliament.Bank of Canada Governor Stephen Poloz is now set to testify at the Senate banking committee on Oct. 29. His ...

C$ steady as investors in limbo on Bank of Canada TORONTO: The Canadian dollar was steady against its US counterpart on Thursday, and with little news to drive trading after Wednesday's volatility investors were seen as unlikely to challenge the day's trading range.The currency had touched a session high on Wednesday after unexpectedly weak retail sales data, but quickly strengthened to its firmest level of the session after the Bank of Canada dropped its reference to neutrality in its rate statement.Investors were unable to get ...
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 ...
C$ firms as markets steady, oil prices rise TORONTO: The Canadian dollar firmed modestly against the greenback on Friday, taking its cue from calmer global markets and a rise in oil prices at the end of a volatile week.The loonie gave a muted reaction to data that showed Canada's inflation rate came in at the Bank of Canada's target of 2 percent in September, reinforcing analysts' expectations that the central bank will maintain its neutral stance in its policy statement next week.The Canadian ...
Dollar edges higher on strong US consumer sentiment data NEW YORK: The US dollar edged higher against a basket of major currencies on Friday after strong data on US consumer sentiment calmed nerves after a week of severe market volatility.The Thomson Reuters/University of Michigan preliminary October reading on the overall index on consumer sentiment came in at 86.4, the highest since July 2007 and marking an unexpected gain. "Obviously, some of the momentum in the economy is continuing, despite what Wall Street tells you," ...
Dollar gains on better US economic data NEW YORK: The dollar rallied against the euro and the yen Thursday, after newly-released data suggested the US economy remains comparatively strong.The Department of Labor reported that initial US jobless claims for the week ending October 11 fell to 264,000, the lowest level since 2000.Then the Federal Reserve said US industrial production rose a robust 1.0 percent in September, recovering from an unexpected drop in August.The two reports helped counteract disappointing data earlier in the ...
Dollar recovers broadly on favorable US monetary policy view NEW YORK: The US dollar recovered against a basket of major currencies on Thursday on the view that Wednesday's selloff was overdone given the relative strength of the U.S. economy and the Federal Reserve's commitment to tightening U.S. monetary policy.A disappointing auction of Spanish debt and data showing deflation hit five peripheral euro zone countries in September underscored the relative health of the U.S. economy and the divergence between the Fed's path toward hiking interest ...


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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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
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WeeklyOctober 23, 2014
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