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Euro nurses losses after soft German inflation, yen eyes BoJ SYDNEY: The euro nursed broad losses early on Wednesday, having been put under pressure by soft German inflation numbers while the yen stayed on the defensive ahead of a policy decision by the Bank of Japan. A key measure of German inflation came in at a lower-than-expected 1.1 percent on the year, raising the risk that the euro area reading will also undershoot expectations later in the day. "A low April print would increase the likelihood of policy action next week," analysts at BNP Paribas wrote in a note to clients. The European Central Bank (ECB) holds its policy review on May 8 although it is not expected to inject any fresh stimulus at this stage. The euro last traded at $1.3810 after shedding 0.3 percent on Tuesday. On the yen, the common currency was at 141.73, having fallen 0.2 percent. The euro suffered bigger losses against commodity currencies, skidding ...

Australia, NZ dollars off 1-month lows but caution ahead SYDNEY/WELLINGTON: The Australian and New Zealand dollars crept up from one-month lows on Wednesday, but investors stayed cautious ahead of data from China and the United States and a Federal Reserve policy meeting.The Aussie edged up to $0.9283, from a low of $0.9227 in the prior session. It was on track to eke out a gain of 0.1 percent in April, but was still a fair distance away from a peak of $0.9461 touched earlier ...
Euro edges up ahead of inflation test, sterling supported SYDNEY/SINGAPORE: The euro held firm against the dollar on Tuesday after a solid performance the day before as expectations for additional stimulus from the European Central Bank waned. The common currency rose 0.1 percent to $1.3862, having pulled up from Monday's intraday low near $1.3815.The euro also rose 0.1 percent to 142.10 yen, well above a one-week low of 140.99 yen that had been set on Monday.Moves among major currencies were muted in Asia, as ...
Australia & NZ dollars pinned near 1 month lows, weighed by euro gains SYDNEY/WELLINGTON: The Australian and New Zealand dollars hovered near one-month lows on Tuesday, weighed by month-end flows and a bounce in the euro, while a holiday in Japan dampened trade. The Aussie slipped to $0.9242, from $0.9258 earlier, pulling further away from a peak of $0.9461 touched earlier in April. It fell as far as $0.9227, its lowest in nearly a month with immediate support found at $0.9205. The Aussie was pressured against the euro, ...
Australian and New Zealand dollars look offshore for inspiration SYDNEY/WELLINGTON: The Australian dollar was modestly bid on Monday after two straight weeks of declines, while its New Zealand peer was steady in a cautious start to a week riddled with event risk. The Aussie edged up 0.1 percent to $0.9285, having shed 0.7 percent last week and 0.6 percent the week before. It has lost steam since hitting a five-month high of $0.9461 on April 10 but recently found good support at $0.9250. The ...
Australian dollar edges up ahead of data; kiwi lags SYDNEY/WELLINGTON: The Australian dollar rose on Tuesday ahead of local inflation data that could prompt markets into bringing forward expectations for when interest rates might rise.The Aussie was 0.3 percent higher on the day at $0.9356 , having drifted up from a two-week trough of $0.9315 as the local market returned from a four-day long Easter weekend.Australia's annual inflation, due out on Wednesday, is expected to come in at 3.2 percent, the fastest pace in ...
Yen grinds lower as global stocks rally, dollar holds steady SYDNEY: The yen wallowed at one-week lows against the dollar early on Thursday, having eased broadly overnight as a rally in global stocks dented demand for the safe-haven currency. The dollar bought 102.22 yen after rising 0.3 percent on Wednesday, while the euro reached a two-week high of 141.77 yen before edging back to 141.22 yen. The yen started its decline in Asia on Wednesday as the Nikkei surged after comments from Japanese Finance Minister ...

 



 
Index Closing Chg%
Arrow DJIA 16,982.59 0.13
Arrow Nasdaq 4,444.91 0.10
Arrow S&P 1,978.91 0.03
Arrow FTSE 6,788.07 0.05
Arrow DAX 9,598.17 0.48
Arrow CAC-40 4,344.77 0.33
Arrow Nikkei 15,529.40 0.46
Arrow H.Seng 24,428.63 0.88
Arrow Sensex 25,991.23 0.52





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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