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Sterling dips on weaker than expected manufacturing survey LONDON: Sterling was weaker on Tuesday, shedding nearly 0.4 percent against the euro, hurt by a slightly weaker-than-expected survey of the British manufacturing sector.The PMI survey showed manufacturing growth above lacklustre rates seen earlier in the year as export orders overall picked up, but it slowed last month from the rapid pace recorded in October.Sterling, up almost 0.4 percent at $1.5101 before the data, fell back to as low as $1.5070 in afternoon, flat on the day. . The pound was down 0.4 percent against the euro at 70.22 pence per euro, with the single currency helped by better than expected euro zone manufacturing data."UK manufacturing PMI slipped and the trade balance deficit has almost doubled in the last quarter, with the main culprit being the fact that exports are increasing at a far slower pace compared to imports," said Alex Lydall, a senior currency trader at Foenix Partners, a ...

Sterling dips below $1.50 for first time since April LONDON: Sterling dipped below $1.50 for the first time since April on Monday after a policymaker warned about the impact of a strong pound on inflation, but rebounded slightly as the dollar slipped on soft U.S. data.The newest member of the Bank of England's monetary policy committee (MPC), Gertjan Vlieghe, said in a newspaper interview over the weekend that the tightening effect of a strong pound was "huge" and that he wanted to see growth ...
Currencies ease, Polish stock market jittery BUDAPEST: Central Europe's main currencies extended losses slightly on Thursday as expectations of European Central Bank monetary easing and Federal Reserve tightening next month, as well as geopolitical tension in the Middle East, weighed on sentiment.Turnover was thin, however, as the Thanksgiving holiday in the United States dampened trade in global markets.The Polish zloty and the Hungarian forint were 0.2 percent weaker against the euro by 1510 GMT, with the Polish currency trading at its ...
Euro slips as bets on deeper negative rates in ECB grow LONDON: The euro hovered near seven-month lows against the dollar and lost ground against the yen on Thursday as investors bet against it, expecting the European Central Bank to ease monetary policy again next week. In the United States, investors squared positions on Wednesday before the Thanksgiving holiday. Few are likely to be active on Friday, keeping volumes low and ranges tight going into the weekend. Nevertheless, the gap between yields on two-year US and ...
Euro on the defensive as ECB easing bets grow LONDON: The euro fell back towards seven-month lows against the dollar and shed ground against the yen on Thursday as investors piled on bets against it, confident that the European Central Bank will ease monetary policy again next week.In the United States, investors largely squared their positions on Wednesday in preparation for Thanksgiving and will remain largely inactive on Friday, keeping volumes rather low and ranges tight going into the weekend.Nevertheless, the gap between yields ...
Sterling slips back towards 7-month low despite upbeat forecasts LONDON: Sterling fell back towards a seven-month low against the dollar on Thursday, with upbeat UK forecasts and a spending review by the finance minister the previous day not changing the view that interest rates will not rise any time soon.The pound had initially climbed on Wednesday after George Osborne's "Autumn Statement", in which he eased some cuts and dropped an unpopular plan to scrap some benefits for low-earners, as well as announcing a higher ...
Dollar eases as geopolitical worries boost euro, yen LONDON: The dollar nursed broad losses Wednesday as investors cut crowded long positions in the lead-up to the U.S. Thanksgiving holidays, and as heightened geopolitical tensions boosted demand for the euro and yen.The greenback had hit an eight-month high against a basket of major currencies at the start of the week as expectations grew that U.S. interest rates will increase next month. But it edged back on Tuesday after the downing of a Russian warplane ...


Index Closing Chg%
Arrow DJIA 17,888.35 0.95
Arrow Nasdaq 5,156.31 0.93
Arrow S&P 2,102.63 1.07
Arrow FTSE 6,395.65 0.62
Arrow DAX 11,261.24 1.06
Arrow CAC-40 4,914.53 0.87
Arrow Nikkei 20,012.40 1.34
Arrow H.Seng 22,381.35 1.75
Arrow Sensex 26,169.41 0.09

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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 30, 2015
Reserves $19.828 bln