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South Korean won hits fresh 15 month low on strong US jobs data; share edge down SEOUL: The South Korean won fell to a 15-month low on Monday, pressured by a broad rally in the dollar after surprisingly strong US jobs data highlighted underlying strength in the world's largest economy.Data on Friday was far better than expected, as US employers in November added the largest number of workers in nearly three years. The dollar set fresh multi-year highs against major world currencies following the jobs report.The won was quoted at 1,117.4 to the dollar as of 0150 GMT, weakending from Friday's close at 1,114.1.The won touched a session low of 1,121.7 soon after the open, its weakest level since Aug 22, 2013, but recovered some ground on profit-taking and exporter demand."Investors are eager to add more long dollar positions, but it is being somewhat offset by foreign buying in local stocks and exporters cashing in their dollar holdings for profit," said Hong Seok-chan, an FX strategist ...

China's yuan slightly weaker, follows last week's bearish trend BEIJING: China's yuan weakened against the broadly stronger dollar on Monday, despite the central bank setting a stronger official guidance rate.The People's Bank of China set the yuan's midpoint rate at 6.1282 per dollar prior to market open, 0.15 percent stronger than the previous fix. The spot rate is currently allowed to trade 2 percent above or below the midpoint.Last week was the first time since August that the yuan consistently traded below the midpoint, ...
Dollar basks in post-payrolls glow, touches 7-year high vs yen SINGAPORE/SYDNEY: The dollar set a fresh seven-year high against the yen on Monday after surprisingly robust US jobs data bolstered the view that the Federal Reserve could raise interest rates sooner than expected. The surge in payrolls by 321,000 in November easily blew past Wall Street's expectations and served to further highlight the divergence in economic outlook between the United States and most of the developed world. Short-term Treasury yields rose after the strong US ...
Dollar holds up after boost on strong jobs data TOKYO: The dollar edged higher against the yen in Asia on Monday after rallying at the end of last week on strong US jobs data.The greenback was at 121.59 yen in midday Tokyo trade, compared with 121.44 yen in New York and around 120.00 yen in Tokyo earlier Friday. The euro bought $1.2290 and 149.45 yen against $1.2283 and 149.16 yen in US trade Friday.Traders bid up the dollar Friday after the Labor Department said ...
Dollar rally to weaken Indian rupee over next year; yuan to rise BENGALURU: The Indian rupee will fall further against the dollar over coming months, according to analysts in a Reuters poll who predict a broad dollar rally based on expectations the Federal Reserve will raise interest rates later in 2015.For its part, the Reserve Bank of India hinted this week that a rate cut was possible early next year if inflation continued to slow and the government met its deficit target. That sent government bond yields ...
China money rates slide, bond yields rise with further easing expected SHANGHAI: China's money rates slid this week and yields on lower rated bonds rose as investors factored in growing expectations that the central bank will ease monetary policy further.The weighted average benchmark seven-day repo contract lost nearly 7 basis points from last week's close to 3.41 percent, while the 14-day tenor dropped 12 points.The spread between yields on AAA and AA rated corporate bonds rose as markets priced more risk into lower-quality issuers.Surveys published this ...
Ringgit leads weekly Asia FX losses; US jobs data eyed SINGAPORE: The Malaysian ringgit hit a five-year low against the dollar on a disappointing trade data on Friday, leading weekly losses among emerging Asian currencies.Most regional units rose for the day on short-covering ahead of a US jobs data to be released at 1330 GMT.Malaysia's exports in October fell 3.1 percent from a year earlier, contracting more than expected and for the first time since June 2013, as shipments of petroleum products and palm oil ...

 



 
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


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln