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Dollar keeps marching higher, Euro cowers as ECB looms SYDNEY/TOKYO: The dollar kept marching higher on Thursday in anticipation of a strong US payrolls report, while the euro dangled just above a two-year trough with investors waiting to see how European Central Bank chief Mario Draghi deals with dissent. The euro last traded at $1.2484, having fallen nearly a full US cent from Tuesday's high of $1.2577. It was flirting once again with a two-year low of $1.2439 set early in the week. Disappointing surveys of euro zone business growth and a surprise decision by the Bank of Japan last week to enhance its already massive monetary stimulus have added pressure on the ECB to ease more. "Whether the euro can stay in the premises of $1.25 depends on how much the ECB spices up its policy today. If the tweaks clearly point to future quantitative easing, the euro's trading range could shift down towards $1.20," said Koji Fukaya, ...

Australia & NZ shares slip as commodity prices fall, China data awaited SYDNEY/WELLINGTON: Australian and New Zealand shares slipped on Wednesday with weaker iron ore, copper and oil prices dragging down Australia's heavyweight resources sector amid concerns about global demand.The S&P/ASX 200 index fell 29.9 points to 5,490 by 01:20 GMT, pulling away from a two-month peak set on Monday. Energy and basic materials suffered the most with 1 percent losses, while miners added to the pain. Spot iron ore prices dropped to their weakest level since ...
NZ dollar bounces on upbeat jobs news, A$ gains on yen SYDNEY/WELLINGTON: The New Zealand dollar rallied for a second session on Wednesday as domestic jobs data showed an upbeat mix of falling unemployment and benign wage growth, while its Australian counterpart was underpinned by demand versus the yen. The kiwi jumped nearly a full US cent to a high of $0.7842 after New Zealand's jobless rate dropped to a 5-1/2-year low as employment growth proved rapid enough to outpace the strongest population rise in a ...
Dollar underpinned by GDP, BOJ next in focus SYDNEY: The dollar held at four-week highs against a basket of major currencies early on Friday, getting another boost from encouraging growth data a day after the Federal Reserve gave an upbeat assessment on the economy.The dollar index climbed as far as 86.491 - a high last seen on Oct. 6 - after US gross domestic product grew at an annual pace of 3.5 percent in the third quarter, beating forecasts for 3.0 percent. The ...
New Zealand dollar falls sharply after RBNZ statement SYDNEY: The New Zealand dollar fell sharply on Thursday after the country's central bank was seen as sounding a bit more dovish following a widely expected decision to leave interest rates unchanged.The kiwi, already under pressure against a firmer US dollar, dropped to a session low around $0.7766 from $0.7820. It last traded at $0.7782.Catching the market's attention was the fact that the Reserve Bank of New Zealand (RBNZ) did not repeat the phrase that ...
NZ dollar hit by dovish-sounding RBNZ, Aussie also pressured WELLINGTON/SYDNEY: The New Zealand dollar suffered a double whammy on Thursday, as the Reserve Bank of New Zealand softened its stance on future interest rate increases while expectations that US interest rates may rise next year bolstered the greenback.The kiwi fell around half a US cent to a session low of $0.7769 on the RBNZ's rate outlook, which piled on more pressure after the Fed statement had already knocked the currency off a session high ...
Australia shares rise, NZ stocks hit record high on upbeat outlook SYDNEY/WELLINGTON: Australian and New Zealand shares rose around 0.3 percent on Thursday, underpinned by financials and consumer stocks, as investors shrugged off the U.S. Federal Reserve's widely expected ending of its stimulus programme.The S&P/ASX 200 index was up 19.82 points or 0.3 percent by 02:13 GMT, having touched a seven-week high of 5,481.6 points Wednesday.The Fed said after a two-day policy meeting it will end its quantitative easing programme of bond purchases and also expressed ...

 



 
Index Closing Chg%
Arrow DJIA 17,652.60 0.79
Arrow Nasdaq 4,757.88 0.16
Arrow S&P 2,051.82 0.55
Arrow FTSE 6,832.83 0.53
Arrow DAX 10,649.58 2.05
Arrow CAC-40 4,640.69 1.93
Arrow Nikkei 17,511.75 1.05
Arrow H.Seng 24,850.45 1.34
Arrow Sensex 29,278.84 0.94






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyNovember
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 22, 2015
Reserves $10.331 bln