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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 vigor.The data lifted the dollar almost 0.8 percent against the Japanese yen, pushing it above the 105 yen mark for the first time since the first week of this year.US Treasuries slumped on the data, with the 10-year note falling 18/32 in price to yield 2.4104.The euro sagged on bets the ECB will do more to help a wobbly euro zone economy."Even if Draghi doesn't announce rate cuts or QE (asset purchases), I think he ...

Solid US data lifts dollar vs. euro, yen NEW YORK: The dollar rose against the euro and the yen Friday as traders appeared to look past a disappointing US consumer spending report to focus on mostly brighter economic data.A small, unexpected fall in US consumer spending in July the first drop in six months made little impression on the market. US data has been mostly upbeat this week, in contrast to persistent weakness in the eurozone economy."The US dollar is seeing long-term sentiment ...
C$ firms for 4th day after strong GDP data TORONTO: The Canadian dollar firmed against the greenback on Friday, making a fourth day of gains in a row after data showed the domestic economy grew at a faster pace than expected in the second quarter.The loonie is up about 1 percent for the week, partly fueled by a sharp gain on Wednesday and putting it on track for its best week since late March.A number of factors have driven the loonie higher, including fund ...
C$ loses momentum after US GDP data TORONTO: The Canadian dollar was little changed on Thursday, giving up much of its earlier gains after second-quarter growth south of the border was revised higher, and as investors looked ahead to key domestic economic data at the end of the week.Still, the loonie is up about 0.8 percent for the week so far, fueled by a sharp rise in Wednesday's session and putting it on track for its best week since late June.Analysts said ...
Dollar rises after strong US GDP report; euro sags NEW YORK: The dollar got a lift from better-than-expected US growth data on Thursday as the euro fell amid reawakened investors' worries about a serious escalation in tensions between Ukraine and Russia.The dollar index jumped just after the U.S. government reported the American economy grew at an upwardly revised 4.2 percent during the second quarter and was last up 0.15 percent at 82.553.The basket of six major currencies valued against the dollar has this week ...
Euro edges up vs dollar on ECB speculation NEW YORK: The euro crept higher against the dollar on Wednesday after Germany's finance minister downplayed prospects that the European Central Bank will unveil new measures to stave off deflation next week.The euro had fallen in the previous three trading sessions against the greenback, hitting nearly a one-year low, in part due to hints the ECB could unveil new easing steps at the September 4 monetary policy meeting.Markets have misinterpreted recent remarks by ECB chief ...
Loonie extends rally to hit one-week high TORONTO: The Canadian dollar strengthened against the greenback on Wednesday, extending the previous session's gains as it benefited from broad US dollar weakness and as investors looked ahead to key data releases at the end of the week.The rally in the US currency over the past two months has been one of the major forces behind the loonie's recent weakness that sent it close to the key resistance level of C$1.10 earlier in the week.The ...

 



 
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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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln