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Euro under pressure after weak German data TOKYO: The euro was stuck below $1.32 in Asia Tuesday after falling to an 11-month low against the dollar in response to a weak batch of German data and hints that the European Central Bank could unveil easing measures to fight off deflation.The common European currency was at $1.3197 in Tokyo midday trade compared with $1.3193 in New York on Monday afternoon. The unit at one point Tuesday tumbled to as low as $1.3178 -- its lowest since September.It was also at 137.12 yen against 137.23 yen in US trade.The dollar also dropped to 103.90 yen from 104.01 yen as the greenback's recent rally in anticipation of higher US interest rates ran out of steam.The euro's renewed weakness came after data showed Monday Germany's Ifo business confidence index fell to the lowest level in 13 months in August as Europe's biggest economy runs out of steam.The Ifo economic institute's closely ...

Indian rupee ends lower after Yellen speech MUMBAI: The Indian rupee fell on Monday, retreating from a three-week high hit last week, as the dollar gained after U.S. Federal Reserve chief Janet Yellen was seen as more hawkish than her European counterpart at a central bankers' meeting.Most emerging Asian currencies eased on Monday after Yellen called for a "pragmatic" approach to U.S. monetary policy on Friday at a speech in Jackson Hole, Wyoming.Some caution also prevailed ahead of gross domestic product data ...
Sri Lanka rupee ends steady; seen stable in 2014 COLOMBO: The Sri Lankan rupee ended flat on Monday as mild importer dollar demand helped offset greenback sales from exporters and inward remittances, dealers said.The dealers said they expect the local currency to remain steady for the rest of the year after positive comments by the central bank chief last week.Central bank Governor Ajith Nivard Cabraal said last week the banking regulator would intervene in the thinly-traded market whenever required to keep the rupee stable.The ...
Rupiah leads Asia FX losses after Jackson Hole; yuan up SINGAPORE: Most emerging Asian currencies eased on Monday led by the Indonesian rupiah, after US Federal Reserve chief Janet Yellen was seen as more hawkish than her European counterpart at a central bankers' meeting last week which boosted the dollar.The Chinese yuan, however, rebounded as technical buying helped offset a weaker central bank guidance after the currency last week suffered the largest weekly loss in two months.The rupiah slid on month-end corporate dollar demand amid ...
China's yuan firms slightly after last week's fall SHANGHAI: China's yuan firmed slightly against the dollar on Monday, with technical buying helping to offset a weaker central bank midpoint fixing after the currency's largest weekly loss in two months last week.The People's Bank of China set the midpoint at 6.1653 per dollar prior to market open, down 0.06 percent from the previous fix. The spot rate is currently allowed to trade 2 percent above or below the midpoint.The spot market opened at 6.1550 ...
Euro stumbles to lowest in almost a year on Draghi dovishness TOKYO/SYDNEY: The euro fell to its lowest in nearly a year against a broadly firmer dollar on Monday after comments from the head of the European Central Bank raised prospects of more policy easing as early as next week. The common currency skidded to $1.3185 in early trade, its lowest since September 2013, from around $1.3246 late in New York on Friday. It was last at $1.3204, down about 0.3 percent on the day. That ...
Dollar firms after Yellen speech TOKYO: The dollar surged Monday as investors bet on a US rate hike sooner rather than later, following a speech by Federal Reserve chief Janet Yellen.The greenback firmed to 104.18 yen -- its highest level since January -- from 103.87 yen in New York Friday.The euro bought $1.3199 and 137.51 yen, compared with $1.3241 and 137.60 yen in New York.Investors picked up the dollar after Yellen discussed slack seen in the US jobs market while ...


Index Closing Chg%
Arrow DJIA 17,067.56 0.18
Arrow Nasdaq 4,598.19 0.39
Arrow S&P 2,002.28 0.05
Arrow FTSE 6,829.17 0.06
Arrow DAX 9,507.02 0.30
Arrow CAC-40 4,378.33 0.03
Arrow Nikkei 15,668.60 1.24
Arrow H.Seng 24,749.02 0.01
Arrow Sensex 27,019.39 0.57

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 02, 2014
Reserves $13.581 bln