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Euro hamstrung by Ukraine worries, dollar up SYDNEY: The euro slipped to a fresh one-year low early on Monday as the situation in Ukraine worsened, although a holiday in the United States and major central bank events later in the week will probably keep investors sidelined. The common currency fell as far as $1.3127, from around $1.3140 late in New York on Friday, reaching lows not seen since early September 2013. It last traded at $1.3131. Ukrainian President Petro Poroshenko warned a "full-scale war" was imminent if Russian troops continued an advance in support of pro-Moscow rebels as Europe and the United States threatened Russia with further new sanctions. Analysts said the risk to euro zone growth posed by the Ukraine conflict and stubbornly low inflation should keep the pressure on the European Central Bank to provide further stimulus at some stage, if not this week. "It is too early for the ECB to announce new policy ...

Australia & NZ dollars hold ground on euro, steady vs USD SYDNEY/WELLINGTON: The Australian and New Zealand dollars held hefty gains on a battered euro and marked time against their US counterpart on Monday, as geopolitical tensions in Ukraine and a week packed with events kept investors cautious. The euro drifted to A$1.4052, close to a 10-month trough of A$1.4043 touched Friday. It fell 2.4 percent in August and charts are negative with the 5, 10 and 20-day moving average edging lower.The deterioration of the situation ...
Australian dollar lifted by investment outlook, kiwi dragged up WELLINGTON/SYDNEY: The Australian dollar received a boost on Thursday after a better-than-expected outlook for business investment leant hope the economy could weather an ongoing pullback in the mining sector, hoisting the New Zealand dollar higher.The Australian dollar powered up to $0.9360, from $0.9336 in early trade. It climbed to a three-week peak of $0.9373, where it met heavy resistance."Both the Aussie and bonds reacted to the headline print, but details were mixed," said Su-Lin Ong, ...
Harried euro gets respite ahead of inflation test SYDNEY/SINGAPORE: The euro inched higher on Thursday and held above a one-year low versus the dollar, getting some respite as feverish speculation of an imminent round of easing by the European Central Bank cooled.Sources told Reuters on Wednesday that the ECB is unlikely to take new policy action next week unless inflation figures on Friday show the euro zone sinking significantly towards deflation. That prompted investors to trim very bearish positions in the euro.The common ...
Euro hits fresh lows, Asia shares at highs on ECB buzz SYDNEY: The euro was cracking under pressure on Wednesday as feverish speculation of further policy stimulus in the euro zone drove bond yields to all-time lows and lifted Asian stocks to peaks not seen in almost seven years. The groundbreaking call by European Central Bank President Mario Draghi for more action on both the monetary and fiscal fronts has markets wagering that fresh steps could come as soon as next week when the central bank's ...
Australian dollar pops to 10 month peak vs euro, NZ dollar steadier WELLINGTON/SYDNEY: The Australian dollar popped to a 10-month peak versus a deflated euro on Wednesday, while New Zealand's currency got a respite following hefty losses against the US dollar. The euro fell as low as A$1.4109, the lowest since November, to be last at A$1.4120. The euro is down 2 percent this month largely due to growing expectations of another round of policy easing by the European Central Bank. "The downtrend is fairly strong since ...
NZ dollar hits 6 month lows vs USD, Aussie rallies against yen & euro WELLINGTON/SYDNEY: The New Zealand dollar slipped to six-month lows against its broadly stronger US counterpart on Monday, while the Australian dollar shot up to multi-month highs versus the euro and yen in a volatile session. The New Zealand dollar slumped to $0.8336, its lowest since late February, as the US dollar powered up after Federal Reserve Chair Janet Yellen appeared relatively less dovish than other central bank chiefs. "Everyone had been a bit worried about ...

 



 
Index Closing Chg%
Arrow DJIA 17,390.52 1.13
Arrow Nasdaq 4,630.74 1.41
Arrow S&P 2,018.05 1.17
Arrow FTSE 6,546.47 1.28
Arrow DAX 9,326.87 2.33
Arrow CAC-40 4,233.09 2.22
Arrow Nikkei 16,413.76 4.83
Arrow H.Seng 23,998.06 1.25
Arrow Sensex 27,865.83 1.90





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJuly-June
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln