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Yen slides on expectations of more easing; euro up 2nd day  NEW YORK: The yen lost more than 1 percent of its value against the dollar for a second straight session on Thursday, hitting its lowest in nearly seven months on expectations the Bank of Japan will engage in more aggressive monetary easing.   The euro, meanwhile, rose for a second day against the dollar as investors continued to the cover their short positions after five days of losses. The euro's gains came despite data showing the euro zone slid into its second recession since 2009 in the third quarter of 2012.   The dollar, on the other hand, posted its largest gain against the yen since mid-September after Shinzo Abe, the head of Japan's Liberal Democratic Party and front runner in next month's election, said he wants the Bank of Japan to consider sub-zero interest rates.   The euro also rallied to a two-week high against the yen.   Abe, pushing the central bank for bold easing steps, ...

Euro edges higher on dollar  NEW YORK: The euro edged higher against the dollar Wednesday as markets remained relatively calm despite fresh tensions in the Middle East after Israel launched new attacks on Gaza targets.   The euro took a momentary jump when minutes released from the Federal Reserve's last policy meeting showed it ready to expand bond purchases next year to hold interest rates down, but it fell back to end with only modest gains on the greenback.   At 2200 GMT, the ...
Latam FX slips on US fiscal worries, Mexico up  SAO PAULO/MEXICO CITY: Latin American currencies slipped on Monday as lingering US fiscal concerns drove Wall Street stocks lower, though the Mexican peso held steady as foreign investors shopped for bargains in the country's domestic bond market.   The Brazilian real and the Chilean peso initially opened stable but weakened later as key US stock indexes continued last week's slide, turning investors more averse to risk in general.   Investors fear US policymakers will fail to negotiate a timely ...
Euro hovers near 2-month low as Greece fears linger  NEW YORK: The euro treaded water against the dollar on Monday, but hovered close to a recent two-month low as uncertainty about whether Greece will receive another tranche of financial aid to help pay off its debt kept investors cautious.   The euro is down about 1.9 percent against the dollar so far in November and has limited scope for gains even if Greece receives aid, with a bleak economic backdrop in the euro zone starkly contrasting ...
Euro slides to two-month low vs dollar after ECB  NEW YORK: The euro fell to a two-month low against the dollar on Thursday after the European Central Bank held interest rates at a record low and said the euro zone economy showed little sign of recovering before year-end.   ECB President Mario Draghi, in a press conference after the bank's decision to hold rates steady at 0.75 percent, said the bank cannot do much more to help Greece with its debt burden and gave Spain none ...
Peru LIMA: Peru's central bank bought $20 million in the local spot market on Thursday and the sol currency finished bidding 0.04 percent weaker at 2.608 per dollar.   Copyright Reuters, 2012 ...
Mexico MEXICO CITY: Mexico's peso weakened sharply to a two-month low on Thursday as global markets fell on mounting concerns about US lawmakers ability to stave off a "fiscal cliff" that threatens the US economic recovery.   The peso shed 0.67 percent to 13.1581 per dollar, its weakest since early September.   Losses accelerated after the cost of dollars in pesos broke past its 100-day simple moving average, around 13.1280, and closed in on the currency pair's 200-day average near ...


Index Closing Chg%
Arrow DJIA 17,804.80 0.15
Arrow Nasdaq 4,765.38 0.36
Arrow S&P 2,070.65 0.46
Arrow FTSE 6,545.27 1.23
Arrow DAX 9,786.96 0.25
Arrow CAC-40 4,241.65 0.18
Arrow Nikkei 17,621.40 2.39
Arrow H.Seng 23,116.63 1.25
Arrow Sensex 27,371.84 0.90

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln