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Euro falls after weak German sentiment data NEW YORK: The euro weakened against the dollar on Tuesday as investors weighed a plunge in investor confidence to a 20-month low in Germany, Europe's largest economy. The ZEW research institute's indicator of economic sentiment in Germany dived 18.5 points to 8.6 points August, its lowest level since December 2012. Analysts had expected only a minor fall."The decline in economic sentiment is likely connected to the ongoing geopolitical tensions that have affected the German economy by now," ZEW said. The institute did not elaborate further. The German economy ministry said in a report earlier that the Russia-Ukraine crisis and turmoil in the Middle East were weighing on the economy."German investor morale has now fallen for eight straight months, showing how geopolitical instability in Ukraine was taking a bigger toll on investor attitudes," said Joe Manimbo of Western Union Business Solutions."With geopolitics in Ukraine sapping confidence in Europe, it increases already ...

Dollar gains as Ukraine, Iraq conflicts boil NEW YORK: The US dollar headed higher against the euro and yen on Monday as the Ukraine and Iraq conflicts festered and traders remained on the watch for significant economic signals for the market.The dollar gained steadily, to $1.3383 per euro, with the euro's weakness underscored by ongoing worries over a possible Russian military incursion into eastern Ukraine."Today might not be the day for sustained heavy trading, as a lack of developments along any of ...
Euro gains as Ukraine, Iraq crises fester NEW YORK: The euro rebounded slightly against the dollar and yen on Friday amid continuing fears of a Russian invasion of Ukraine and after the US launched bomb strikes on Islamic State insurgents in Iraq.The changes were small; the strikes ordered by Obama helped push risk-averse investors back into US treasuries, where 10-year yields fell to a 14-month low before partially recovering, according to Kathy Lien of BK Asset Management."Geopolitical uncertainty is clearly driving risk ...
Dollar mixed ahead of central bank meetings NEW YORK: The dollar Wednesday dropped against the yen and the euro, but gained on the British pound ahead of central bank meetings in Britain, Japan and Europe later this week.The euro, which had dropped to its lowest level in eight months Tuesday, rallied slightly against the dollar Wednesday. While no new ECB stimulus measures are expected this time, some analysts say Thursday's European Central Bank meeting could spark more euro selling if ECB chief ...
Euro falls ahead of this week ECB meeting NEW YORK: The euro fell on Monday against the dollar and the Japanese yen, ahead of a European Central Bank meeting later this week.The ECB meeting on Thursday comes amid continued concerns at the low level of inflation in the eurozone.Christopher Vecchio, currency analyst at DailyFX, predicted a cautious tone about eurozone economic conditions in spite of some improving data."Soft inflation expectations are dogging the euro in the near-term," Vecchio said. ECB likely will not ...
Dollar slips on US jobs report NEW YORK: A US jobs report for July that showed continued strength, but not enough to boost inflation pressures, sent the dollar tumbling against most other major currencies Friday.US hiring remained strong last month, generating 209,000 new jobs.But it was far from the previous month's nearly 300,000, and the fresh data showed that wages remained flat and that there remained significant slack in the jobs market.That took some of the air out of expectations that ...
C$ steady as US jobs data offers respite from retreat TORONTO: The Canadian dollar was little changed against the greenback on Friday, recovering from earlier declines after a weaker-than-expected US jobs report, though the loonie was still on track to see its worst week since June.The loonie is down 0.8 percent for the week so far, and has declined in four out of five sessions, extending a selloff that started last Friday.The Canadian dollar touched an eight-week low in early morning trading, but managed to ...

 



 
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