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C$ firms after US data, bounces off five-year low TORONTO: The Canadian dollar firmed against the greenback on Wednesday, bouncing off the more than five-year low it hit earlier in the session as a drop in oil prices was offset by weaker-than-expected US economic data.Bond yields were also caught up in the global market rout, with the yield on the benchmark 10-year Canadian government bond at its lowest since May 2013.Concerns about heavy oversupply sent US crude down 36 cents to $81.84 a barrel, though the commodity moved off its lows for the day, further helping the Canadian dollar.As an oil exporter, Canada's currency is often sensitive to the price of the commodity.The Canadian dollar has shed about 6 percent since July as it has suffered from a rally in the US dollar as the US Federal Reserve winds down its stimulus program and moves closer to raising interest rates.Losses accelerated on Tuesday, sparked by a steep drop in ...

Dollar plunges after weak US data signal delayed Fed rate hike NEW YORK: The US dollar hit a three-week low against the euro and a more than one-month low against the yen on Wednesday after weak U.S. economic data on retail sales and producer prices heightened concerns that the Federal Reserve would delay its first rate hike.Commerce Department data showed U.S. retail sales dropped 0.3 percent in September, while the Labor Department said prices received by U.S. producers fell 0.1 percent in September, the first decline ...
Dollar falls on concerns over global growth, Fed comments NEW YORK: The US dollar fell against a basket of major currencies on Monday on persisting concerns about global economic growth and worries that the Federal Reserve may delay its first interest rate hike.Concerns over the health of overseas economies continued in the wake of last week's weak German economic data and the International Monetary Fund's cut to its global growth forecast. Meanwhile, Fed officials said on Saturday that a slowdown in the global economy ...
Dollar rises for 2nd day on concerns about global economy NEW YORK: The dollar firmed for a second straight session on Friday after three consecutive days of losses, bolstered by safe-haven bids on worries about the health of the global economy with slow-downs evident in Europe, Japan, and China."Dollar strength is still on the table here going forward and the driver behind that is policy divergence," said Andrew Dilz, currency strategist at Tempus Consulting in Washington. "We're seeing a rate hike in the United States ...
Euro rises despite weak German data, lower IMF outlook NEW YORK: The euro crept higher against the dollar Tuesday despite weak data on Germany, Europe's largest economy, and a lowered global growth outlook from the International Monetary Fund.US and European stock markets and oil prices tumbled Tuesday as investors worried about the slowing global economy after the IMF lowered its global growth outlook, warning of stagnation in advanced economies.It trimmed this year's growth to 3.3 percent, down from its July estimate of 3.4 percent, ...
Dollar surges to four-year high on robust US jobs report NEW YORK: The dollar climbed to a more than four-year peak on Friday after a report showing the US economy created more jobs than expected last month, which suggested that the US recovery was on a stable path. The dollar index, a gauge of the greenback's value against six major currencies, was on track for its best yearly gain in nine years.The index was up 8 percent so far in 2014, posting weekly gains for ...
Dollar falls from 6-year high vs yen as US yields slide NEW YORK: The dollar pulled back from six-year highs against the yen to trade little changed on Wednesday, weighed down by a drop in U.S. Treasury debt yields amid weakness in global stocks.Investors also booked profits on long U.S. dollar positions ahead of key event risks - the European Central Bank's monetary policy meeting on Thursday and Friday's U.S. non-farm payrolls report.Still, the dollar is expected to sustain its strength for the rest of 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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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln