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C$ boosted by risk appetite, Bank of Canada on tap TORONTO: The Canadian dollar strengthened against the greenback on Wednesday, boosted by renewed risk appetite on hopes for a de-escalation of geopolitical tensions, but the main focus was on the Bank of Canada's monetary policy statement later in the morning.Markets broadly were lifted after Ukraine said its president had agreed with Russia's Vladimir Putin on steps towards a "ceasefire regime" in Kiev's conflict with pro-Russian rebels. But the Kremlin denied any actual truce deal.The news was resulting in "a reason for this flight out of safety and Canada is benefiting a bit," said Don Mikolich, executive director of foreign exchange sales at CIBC World Markets in Toronto."I don't know if it's going to necessarily have a lasting impact but it looks like the market was looking for a relief from that."A Bank of Canada interest rate decision, due at 10:00 am ET (1400 GMT), will be the main domestic event ...

Euro stabilizes on Ukraine ceasefire talk NEW YORK: The euro stabilized against most major currencies on Wednesday on speculation of a possible ceasefire in eastern Ukraine, offering some comfort to the euro zone economy which has borne the brunt of the impact of the conflict.The common currency rose from its one-year low versus the dollar after Ukraine's President Petro Poroshenko said an agreement was reached with his Russian counterpart Vladimir Putin for a "permanent ceasefire" in eastern Ukraine's Donbass region.However, the ...
C$ strengthens after neutral Bank of Canada TORONTO: The Canadian dollar strengthened against the greenback on Wednesday after the Bank of Canada repeated its neutral policy stance, even as it highlighted new concern over the stretched household sector.The loonie had already been trading higher heading into the statement, benefiting from stronger risk appetite in broader markets as investors were hopeful for a de-escalation of tensions between Ukraine and Russia.But the currency extended gains to hit a session high following the Bank of ...
Euro-dollar flat, pound hit by Scottish poll NEW YORK: The euro-dollar exchange rate held steady Tuesday despite improved US data on construction and manufacturing, with traders focusing on Thursday's European Central Bank policy meeting.Meanwhile the pound took a hit after a poll showed Scottish independence advocates had a chance to win the September 18 referendum on breaking from the United Kingdom.The euro was at $1.3132, a pinch above Monday's close, on hold for the ECB's response to a steady stream of poor ...
Canadian dollar weaker ahead of central bank rate decision TORONTO: The Canadian dollar weakened against the greenback on Tuesday to its lowest level in nearly a week, hurt by broad strength in its US counterpart, while investors looked ahead to a monetary policy statement from the Bank of Canada due on Wednesday.The decline saw the loonie unwind some of last week's rally and took it through the closely watched C$1.09 level. The Canadian dollar rose 0.6 percent last week, lifted by a number of ...
Euro hits 1-year low vs dollar on ECB bets; sterling falls NEW YORK: The euro sagged on Tuesday to fresh one-year lows against the dollar on bets the European Central Bank will do more to help a wobbly euro zone economy, while the pound fell to a near five-month low versus the greenback on worries about a Scottish secession.The dollar rose against a basket of major currencies, hitting its highest since July 2013. It traded above 105 yen for the first time in eight months on ...
Dollar jumps after US data; bond prices slump NEW YORK: The dollar jumped to its highest this year against the yen on Tuesday, lifted by strong US economic data, while the euro slipped to a one-year low on speculation the European Central Bank will move toward looser monetary policy when it meets later this week.US manufacturing activity rose to its highest level in nearly 3-1/2 years in August and construction spending rebounded strongly in July, in the latest signs of the US economy's ...

 



 
Index Closing Chg%
Arrow DJIA 17,265.99 0.64
Arrow Nasdaq 4,593.43 0.68
Arrow S&P 2,011.36 0.49
Arrow FTSE 6,819.29 0.57
Arrow DAX 9,798.13 1.41
Arrow CAC-40 4,464.70 0.75
Arrow Nikkei 16,067.57 1.13
Arrow H.Seng 24,168.72 0.85
Arrow Sensex 27,112.21 1.81





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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 $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 18, 2014
Reserves $13.525 bln