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Australian and NZ dollars at one-week highs vs yen, broadly firmer SYDNEY/WELLINGTON: The Australian and New Zealand dollars rose to one-week highs against the yen on Tuesday with gains in the Nikkei sapping demand for the safe-haven Japanese currency. In turn, that gave the Antipodeans a bit of a bid against the US dollar, providing much-needed direction to a market looking for fresh leads after a US holiday overnight. The Aussie reached a high of 94.44 yen, continuing to recover from a two-month low of 92.99 plumbed about a week ago.It was last up 0.2 percent at 94.35. Against the greenback, the Aussie rose 0.2 percent to $0.9257, near the upper end of a 0.9208/74 range seen in the past few sessions. It has been consolidating just above 92 US cents following a fall from above 94 cents mid-May. Key chart levels to watch are in the $0.9150 and $0.9200 region, analysts at Macquarie Bank wrote in a note to clients. ...

Euro still in the doldrums, ECB Draghi speech in focus SYDNEY: The euro slipped early on Monday, while the other major currencies got off to a steady start as the results of a presidential election in Ukraine and votes for the European Parliament were so far greeted calmly by investors. Dealers expect little action on Monday with US markets closed for Memorial Day, while UK markets are shut for the Spring bank holiday. The common currency last traded at $1.3629 compared with around $1.3631 late ...
Australian and NZ dollars subdued, hold gains vs euro SYDNEY/WELLINGTON: The Australian and New Zealand dollars struggled to make headway on Monday against their US counterpart and held gains versus the euro with a holiday in Britain and the United States likely to keep investors on the sidelines. The Aussie was steady at $0.9233, from $0.9214 on Friday, having formed a base just above 92 US cents after a recent selloff. It shed 1.4 percent last week, its largest decline since January, mostly on ...
Australian and NZ dollars on the defensive, local data weighs SYDNEY/WELLINGTON: The Australian dollar fell to a fresh 2-1/2-week low against the greenback on Wednesday, staying under a cloud after a survey showed consumer sentiment deteriorated sharply this month. The Aussie slid as far as $0.9216, before recovering a bit of ground to stand at $0.9235, down 0.1 percent on the day. It fell nearly 1 percent on Tuesday in its biggest one-day decline in four months.David de Ferranti, market analyst at FXCM in Sydney, ...
Australia & NZ dollars firm, bond prices off highs SYDNEY/WELLINGTON: The Australian and New Zealand dollars spent Monday on the sidelines with progress capped by stiff chart resistance and uncertainty over Europe and the United States. The Aussie was holding around $0.9362, off a low of $0.9335 touched Friday and not too far from this year's peak of $0.9461 set last month.It has been stuck in a tight $0.9203-$0.9410 range, having repeatedly failed to make a sustained a break above 94 cents since mid-April, ...
Australian & NZ bonds track global rally, currencies subdued SYDNEY: Australian and New Zealand government bonds surged on Thursday, tracking a global rally on heightened speculation the European Central Bank (ECB) was preparing an easing package.In contrast, both Antipodean currencies were little changed in subdued trade. The Aussie was steady at $0.9365 and still stuck in a tight $0.9203-$0.9410 range after again failing to sustain a break above 94 cents. Support was seen at $0.9334, the 50 percent retracement of the April-May fall. The ...
Aussie & kiwi steady vs dollar and euro; China data, Australian budget in focus SYDNEY/WELLINGTON: The Australian and New Zealand dollars held gains versus their US counterpart and euro on Tuesday, with markets awaiting Chinese data and the Australian government's annual budget expected to be the toughest in 20 years. The Aussie was steady at $0.9354, not far from a one-month peak of $0.9395 set on Thursday. Support was seen at $0.9334, the 50 percent retracement of the April-May fall, with resistance around $0.9400.It hovered near one-month highs against ...

 



 
Index Closing Chg%
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Arrow S&P 1,983.53 0.50
Arrow FTSE 6,795.34 0.99
Arrow DAX 9,734.33 1.27
Arrow CAC-40 4,369.52 1.50
Arrow Nikkei 15,343.28 0.84
Arrow H.Seng 23,782.11 1.69
Arrow Sensex 26,025.80 1.21





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln