Just in:  

You are here: Home»Markets»FXMM»Europe



Bunds fall ahead of German, Italian sales  LONDON: German Bund futures fell on Wednesday as investors made room for a sale of long-dated German paper and prepared for solid demand at an Italian debt auction.   Italy will offer up to 6.5 billion euros of bonds maturing in 2017 and 2022 in an auction expected to be well-received after improved sentiment towards lower-rated debt secured a stellar start to Italy and Spain's 2013 funding.     German Bund futures were 21 ticks lower on the day at 141.61, with technical charts pointing to further weakness.     "Given the still ongoing hunt for yield environment, we would expect more and more investors to be more open-minded also for longer maturities in the Italian curve," Rainer Guntermann, strategist at Commerzbank said.     Against this backdrop, he recommended investors put on flattening trades on the Italian yield curve, favouring longer-dated bonds expecting that their yields would fall faster than short-dated ones.     In the secondary market, 10-year Italian yields were flat ...

Turkish shares drop, lira eases after Moody ISTANBUL: Banking stocks led Turkish shares lower and the lira eased on Monday after Moody's said the country needed to improve its resilience to external shocks to win an investment grade rating.   The main Istanbul share index dipped 4.2 percent to 81,165.81 points, underperforming a fall of 0.7 percent in the global emerging markets index. Banking stocks fell 5.6 percent.   The lira eased to 1.7726 to the dollar by 1721 GMT, from 1.7698 late on Friday. Against ...
Euro takes a breather from recent rally, yen firm LONDON: The euro slipped from an 11-month high against the dollar on Monday as investors took profits on its recent rally, although many were seeking to buy it at lower levels on growing optimism about a euro zone recovery.   The euro was flat on the day against the dollar at $1.3455, not far from the 11-month high of $1.3480 hit last Friday, with traders citing hedge funds as main sellers. Chartists said the $1.34 level which ...
Euro, shares stall as investors turn cautious LONDON: Rallies in European shares and the single currency stalled on Monday after strong gains last week as investors awaited confirmation that financial market conditions and the outlook for the euro area have improved.   Investor sentiment rose strongly on Friday after data showed European banks would repay more than expected of the emergency loans they borrowed from the European Central Bank (ECB) and that business sentiment in Germany was improving sharply.   A solid start to the corporate ...
Sterling falls to 5-month low versus dollar LONDON: Sterling fell to a five-month low against the dollar on Monday, staying under selling pressure after data last week showed the UK economy shrank much more than forecast in the fourth quarter of 2012. The pound lost 0.5 percent to hit $1.5716, its lowest since late August.   Traders also said reports that the incoming Bank of England governor Mark Carney, who takes up his post later this year, may take more aggressive measures to boost growth ...
Euro turns positive on day versus dollar on German PMI LONDON: The euro rose, turning positive on the day against the dollar on Thursday after a survey showed German private sector activity jumped to its highest level in a year in January.   The euro rose to $1.3332, up 0.1 percent on the day, from around $1.3300 beforehand.   It pared earlier losses, having earlier hit a session low of $1.3286 following a weak French purchasing managers' survey. Copyright Reuters, 2013 ...
Sterling muted as investors position for poor UK data LONDON: Sterling hovered just above a near five-month low against the dollar on Thursday as investors positioned for data on Friday that is forecast to show the UK economy shrank in the final quarter of 2012.   Some strategists said Prime Minister David Cameron's promise to hold a referendum on Britain's membership of the European Union had also soured longer-term sentiment towards sterling by sowing uncertainty among investors.   The pound was close to flat on the day against ...


Index Closing Chg%
Arrow DJIA 16,677.90 1.32
Arrow Nasdaq 4,452.79 1.60
Arrow S&P 1,950.82 1.23
Arrow FTSE 6,419.15 0.30
Arrow DAX 9,047.31 1.20
Arrow CAC-40 4,157.68 1.28
Arrow Nikkei 15,138.96 0.37
Arrow H.Seng 23,333.18 0.30
Arrow Sensex 26,851.05 0.24

where to buy

cheap wedding dresses

online -

Banking Review 2013

Buy new style hair wigs at cheap price on

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln