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Euro sees little reprieve in holiday trade, Aussie eyes rate call SYDNEY: The euro languished at one-year lows early on Tuesday, following an aimless session overnight with market activity severely hampered by a holiday in the United States.The common currency last traded at $1.3129, having drifted in a slim $1.3119/1.3146 range for all of Monday.That helped keep the dollar index near a 13-1/2 month peak of 82.804 . Against the yen, the greenback held just below a one-week high of 104.36. The euro dithered at 136.94, not far from a two-week low of 136.42 set last Thursday. The deepening crisis in Ukraine and the risk of an imminent policy easing by the European Central Bank (ECB) have combined to pin the euro down. Data on Monday showed euro zone factories barely increased prices last month, and manufacturing activity in France fell at the fastest pace in 15 months.A separate report confirmed the German economy contracted for the first time in over ...

Australian dollar cautious ahead of RBA, hits 15 month peak vs yen WELLINGTON/SYDNEY: The Australian dollar scaled a 15-month peak against the yen on Tuesday, and gave some ground versus its US counterpart as investors awaited the outcome of the Reserve Bank of Australia's (RBA) monthly policy meeting. The central bank is considered certain to hold rates steady at a record low of 2.5 percent and to signal further stability for policy. Markets will be scrutinising the tone of the statement. "A mention of the improved investment ...
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 ...
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 ...

 



 
Index Closing Chg%
Arrow DJIA 17,810.06 0.51
Arrow Nasdaq 4,712.97 0.24
Arrow S&P 2,063.50 0.52
Arrow FTSE 6,750.76 1.08
Arrow DAX 9,732.55 2.62
Arrow CAC-40 4,347.23 2.67
Arrow Nikkei 17,357.51 0.33
Arrow H.Seng 23,437.12 0.37
Arrow Sensex 28,334.63 0.95






Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln