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Dollar edges higher despite weak US retail sales NEW YORK CITY: The dollar Monday continued to regain strength after last week's retreat, even as US retail sales figures disappointed.The euro slipped to $1.3064 at 2100 GMT from $1.3066 at the same time Friday.The dollar also gained on the Japanese yen, trading at 99.82 compared with 99.29.The euro rose against the yen, buying 130.41 of the Japanese currency compared with 129.73 late Friday.The dollar also advanced modestly against the British pound and the Swiss franc.Earlier in the day the Commerce Department reported US retail sales in June rose just 0.4 percent, below the 0.7 percent expected by analysts. Excluding motor vehicle and parts sales, retail sales were flat."Despite the pickup in job growth, consumer appetite has been muted and until we get a stronger recovery in consumption, the Federal Reserve will need to be very careful with how much stimulus they remove from the economy this year," said Kathy ...

C$ rallies as US$ slumps on Fed, Bernanke comments TORONTO: The Canadian dollar on Thursday strengthened by as much as two cents against its US counterpart, which tumbled after the Federal Reserve indicated it may not be as ready to pull back its stimulus measures as markets had predicted.Shares and bonds rallied globally, while the US dollar fell sharply as markets reassessed when the US central bank would wind down its asset purchase program."Markets pretty much rallied globally. That put a bid on everything ...
Oil boosts C$ ahead of US holiday, jobs data TORONTO: The Canadian dollar gained versus its US counterpart on Wednesday, rebounding from Tuesday's 21-month lows as strong oil prices lifted the currency, while its recent decline enticed value seekers.US crude topped $100 a barrel for the first time since September on concerns about Egyptian unrest and tight supplies. Higher oil prices typically boost the Canadian dollar because Canada is a major supplier of oil to the US market.With activity muted ahead of the US ...
Euro hits one-month low versus US dollar NEW YORK: The euro's losses versus the US dollar accelerated in late afternoon New York trade on Tuesday as investors positioned ahead of a European Central Bank meeting later in the week.The euro fell to $1.2968, its lowest since June 3, with traders wary before a ECB meeting on Thursday. The euro last traded at $1.2978, down 0.7 percent on the day, according to Reuters data.Analysts expect the ECB to keep interest rates steady and ...
Weak yen, upbeat US data lift equities, dollar NEW YORK: The US dollar hit a four-week high against the yen on Tuesday while a gauge of global stocks inched higher, supported by gains in Japan and the United States.Wall Street stocks rose as data showed new orders for US factory goods climbed for a second straight month in May, adding to tentative signs of stabilization in manufacturing.Trading will likely be thin this week, with US markets closing early on Wednesday and all of ...
Latam currencies gain on global manufacturing optimism RIO DE JANEIRO: Latin American currencies on Monday started the second half of the year with modest gains, supported by better-than-expected manufacturing data in Europe, Japan, and the United States.The US manufacturing rebound in June was modest enough not to add to concerns about an imminent tapering of the US Federal Reserve's stimulus program, which for years has supported appetite for emerging market currencies.Currency gains were curbed, however, by a less cheerful outlook for China, ...
Dollar drops vs euro; yen slumps on global manufacturing data NEW YORK: The dollar slid against most currencies on Monday while the yen fell near a four-week low after an array of global manufacturing reports stabilized a sell-off in currencies considered riskier.Investors embraced currencies offering higher returns, such as the euro and the Australian and New Zealand dollars, and have cheapened in recent weeks on the prospect of reduced stimulus measures from the Federal Reserve.Manufacturing reports out of the euro zone, Japan, and Britain all ...

 



 
Index Closing Chg%
Arrow DJIA 18,126.12 0.20
Arrow Nasdaq 5,097.98 0.17
Arrow S&P 2,120.79 0.13
Arrow FTSE 7,040.92 1.11
Arrow DAX 11,677.57 0.79
Arrow CAC-40 5,137.83 0.86
Arrow Nikkei 20,551.46 0.39
Arrow H.Seng 27,454.31 2.23
Arrow Sensex 27,506.71 0.21





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyApril
Trade Balance $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 28, 2015
Reserves $17.494 bln