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C$ little changed as data offsets risk appetite TORONTO: The Canadian dollar was little changed against the greenback on Monday as stronger risk appetite in financial markets broadly was offset by data that showed foreign investors were net sellers of Canadian securities in June.The loonie was expected to trade in a range in the near term with Canadian inflation and retail sales data due on Friday, and with the annual gathering of central bankers and economists in Jackson Hole getting underway later in the week.The currency lost some steam after data showed foreign investors sold a net C$1.07 billion ($0.98 billion) worth of Canadian securities in June.Still, the loonie found some support as markets were less worried about tensions in Ukraine following an escalation on Friday. Ukraine had said its artillery had hit a Russian armored column, while Russia denied its forces had crossed into Ukraine."We've got a little bit of the potential for stability in the geopolitical ...

US dollar gains on reduced Ukraine-Russia tensions, US housing data NEW YORK: The US dollar rose against a basket of major currencies on Monday on reduced concerns over Russia and Ukraine and positive U.S. housing data.Tensions between Russia and Ukraine were viewed as less heated following talks among Russia, Germany, France and Ukraine on Sunday. Russia said all objections to it sending a humanitarian convoy to Ukraine had been resolved, but no progress was made toward a ceasefire between government and rebel forces in the ...
Russia-Ukraine tensions drive yen, Swiss franc higher NEW YORK: News that Ukraine had attacked a Russian military convoy that entered its territory sent investors fleeing to the safe-haven yen and Swiss franc on Friday, while the dollar slipped.The foreign-exchange market reacted in a relatively muted fashion to the spike in geopolitical tensions between the neighboring countries, which had weighed on US and European equity markets and sent oil prices surging higher.Ukrainian President Petro Poroshenko said that government artillery had destroyed a "considerable ...
C$ highest in over two weeks after revised jobs data TORONTO: The Canadian dollar firmed against the greenback on Friday to its highest in over two weeks after revised data showed the domestic economy added far more jobs in July than earlier reported.The loonie also got some help from a separate report that showed factory sales increased in June for the fifth time in six months. The combined reports sent the loonie to near a session high, where it was flirting with breaking through both ...
Dollar weakens on repositioning before weekend NEW YORK: The US dollar weakened against the euro on Friday, erasing much of the week's gains, as investors that had bet on the greenback's strength closed out positions before the weekend. Investors had been trimming short bets on the euro before the release of US economic data on Friday, sending the greenback lower. The dollar pared some of its weakness after data showed that US industrial production edged higher in July, as production of ...
Dollar falls on US jobless claims NEW YORK: The dollar weakened broadly on Thursday, falling after three straight days of gains, on yet another piece of data suggesting a bumpy recovery for the US economy. An increase in the weekly US jobless claims came a day after an unexpectedly flat retail sales report, which reinforced expectations the Federal Reserve would be in no rush to raise interest rates. Higher interest rates tend to enhance the dollar's appeal as they boost the ...
Dollar-euro flat ahead of eurozone second-quarter data NEW YORK: The dollar was flat against the euro Wednesday ahead of expected poor growth numbers from the eurozone, while the yen slipped on news the Japanese economy contracted 1.7 percent last quarter.The dollar spiked lower early in US trade after the Commerce Department's report that retail sales stagnated in July, when economists had expected a pickup.But the greenback quickly recovered to end the day virtually unchanged, with support for the euro dampened by more ...

 



 
Index Closing Chg%
Arrow DJIA 17,055.87 0.68
Arrow Nasdaq 4,508.69 0.42
Arrow S&P 1,982.77 0.58
Arrow FTSE 6,676.08 1.44
Arrow DAX 9,595.03 1.58
Arrow CAC-40 4,359.35 1.87
Arrow Nikkei 16,205.90 0.71
Arrow H.Seng 23,837.07 0.49
Arrow Sensex 26,775.69 1.58






Banking Review 2013


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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