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C$ hits two-week low, hurt by Europe worries  TORONTO: Canada's dollar ended weaker against the US currency on Monday, hurt by a drop in commodity prices, as investors shifted focus from central bank stimulus schemes to weak economic fundamentals and the euro zone's still unresolved debt crisis. The Canadian currency fell overnight after data showed German business sentiment dropped for a fifth straight month in September to its lowest since early 2010, raising fears of recession and underlining that a bold bond-buying plan laid out by the European Central Bank is no economic elixir. Spain's troubles were also at the top of investors' minds, with the government making slow progress towards asking for the international bailout that markets are anticipating. The gloomy headlines weighed on stock markets and commodity prices, riskier assets that often help set the direction for Canada's currency. "It's suffering along with all of the other general risk proxies," said Adam Cole, global head of FX strategy at RBC ...

Euro falls to more than one-week low vs dollar, yen  NEW YORK: The euro fell to its lowest in more than a week against the dollar and yen on Monday as a weak German business sentiment report and uncertainty about debt-plagued Spain added to concerns about the euro zone's slumping economy. The drop in German business sentiment in September to its lowest since early 2010 raised worries that Germany, the largest euro zone economy, is succumbing to a downturn despite the European Central Bank's recently announced ...
Peru LIMA: Peru's central bank bought $100 million in the local spot market on Monday but the sol currency finished bidding 0.08 percent stronger at 2.596 per dollar. Copyright Reuters, 2012 ...
Euro gains on reports of Spain progress  NEW YORK: The euro gained ground on the dollar Friday amid talk that Spain was on the cusp of a rescue deal that would stabilize its finances and its banking system. The Financial Times said that EU authorities were helping Madrid craft an economic reform program that will be announced next week, with the EU and the Spanish government focusing on measures required by international lenders as part of any new financial package. At 2100 GMT, the ...
Peru LIMA: Peru's central bank bought $20 million in the local spot market on Friday but the sol currency rallied on expectations of financial aid for Spain and finished bidding 0.15 percent stronger at 2.598 per dollar. Copyright Reuters, 2012 ...
Latam FX markets stall; intervention fears rise  RIO DE JANEIRO: Latin American currencies were little changed or weaker on Friday as investors grew increasingly worried that governments will intervene in the market to offset capital inflows resulting from US and European stimulus measures. The Mexican peso, one of the few currencies in the region that investors consider free of intervention risk, gained slightly on a report that Spain was preparing to meet conditions for an international rescue program. The report, although denied by the ...
Yen higher, euro back below $1.30 level  NEW YORK: The yen pushed higher Thursday while the euro fell back below the $1.30 line after a week-long trip above that level, as a key industrial indicator showed continuing recession in the eurozone. Markit's purchasing managers index for the region fell for the eighth straight month in September, disappointing hopes for a recovery. At 2100 GMT, the euro was trading at $1.2966, down from $1.3049 late Wednesday. "The euro sold off on Thursday as the economic docket ...

 



 
Index Closing Chg%
Arrow DJIA 17,195.42 1.30
Arrow Nasdaq 4,566.14 0.37
Arrow S&P 1,994.65 0.62
Arrow FTSE 6,463.55 0.15
Arrow DAX 9,114.84 0.35
Arrow CAC-40 4,141.24 0.74
Arrow Nikkei 15,658.00 1.67
Arrow H.Seng 23,702.04 1.49
Arrow Sensex 27,346.33 0.92





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJuly-June
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln