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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 lowest levels in more than two weeks.Warsaw's blue-chip share index gained 1 percent, tracking gains in global equities as they continued to recover from recent falls.However, sentiment is fragile as Poland's new government, sworn in last week, could unveil further measures that could hit listed companies including banks.The new finance minister said a planned bank tax would raise up to 6.5 billion zlotys ($1.6 bln) a year, higher than expected.Polish banks stocks still rose, recouping ...

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 ...
Sterling lower as investors await more fiscal tightening from Osborne LONDON: Sterling weakened to trade near a two-week low against the euro and the dollar on Wednesday, with investors selling the currency on expectations that a fresh bout of fiscal austerity in Britain would keep interest rates lower for longer.Chancellor George Osborne is due to present his Autumn Statement in parliament at 1230 GMT, in which he will set out plans for deep spending cuts in government and welfare as he seeks to turn Britain's ...
Rouble stabilises with oil, shrugs off geopolitical risk MOSCOW: The Russian rouble was little changed on Wednesday, stabilising with the oil price and largely ignoring geopolitical risks linked to Turkey's downing of a Russian jet on Tuesday.At 0745 GMT, the rouble was 0.1 percent stronger against the dollar at 65.41 but down 0.3 percent to 69.85 versus the euro.Brent crude oil, a global benchmark for Russia's main export, was unchanged at $46.1 a barrel.The rouble had fallen on Tuesday immediately after the incident ...


Index Closing Chg%
Arrow DJIA 17,813.39 0.01
Arrow Nasdaq 5,116.15 0.26
Arrow S&P 2,088.87 0.01
Arrow FTSE 6,393.13 0.88
Arrow DAX 11,320.77 1.35
Arrow CAC-40 4,946.02 1.08
Arrow Nikkei 19,944.41 0.49
Arrow H.Seng 22,488.94 0.04
Arrow Sensex 25,958.63 0.71

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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 23, 2015
Reserves $19.713 bln