All
 

 

Just in:  

You are here: Home»Markets»FXMM»Europe

Europe

Archive

Dollar supported before Fed, BoE minutes could help sterling LONDON: The dollar held its gains on Wednesday after a broad firming on the back of higher-than-expected US consumer prices for May that has fanned speculation that the Federal Reserve may inch closer towards hiking interest rates. In the European session, the focus will be on the minutes from the Bank of England's last policy meeting. The tone of recent comments from policymakers, including Governor Mark Carney, has bolstered expectations that the minutes will be hawkish and could push sterling towards the $1.70 mark. The dollar index last stood at 80.613, having climbed 0.2 percent on Tuesday. Against the yen, the greenback reached a one-week high of 102.31, while the euro retreated from a one-week peak hit on Tuesday to trade flat at $1.3550. The US consumer price index rose 0.4 percent in May, double what economists had expected, raising the possibility that a separate inflation gauge watched by the ...

Sterling slips from peak as UK inflation curbs rate expectations LONDON: Sterling fell on Tuesday from its recent peak above $1.70 after data showed British inflation dropped more than expected in May, tempering expectations the Bank of England will raise interest rates later this year.Sterling dropped to a day's low of $1.6938 after a report showed UK inflation fell to a 4 1/2-year low, from around $1.6977 beforehand. It was also hurt by a stronger-than-expected increase in U.S. inflation, which pushed the dollar up in ...
Turkish lira hits 2.15 against dollar, weakest in 1-1/2 months ISTANBUL: The Turkish lira weakened to 2.15 against the dollar on Tuesday, its weakest in 1-1/2 months, coming under pressure as the U.S. currency gained after higher-than-expected inflation data.The Turkish currency, which weakened from 2.1435 late on Monday, has suffered several days of losses due to the violence in neighbouring Iraq where 80 Turks have been held captive for a week. Copyright Reuters, 2014 ...
Sterling slips from Monday peak as inflation data dents rate expectations LONDON: Sterling fell further on Tuesday from its Monday peak above $1.70 after data showed British inflation dropped more than expected in May, tempering expectations that the Bank of England will hike interest rates later this year.Sterling dropped to the day's low of $1.6938 after the data, from around $1.6977 beforehand. The pound rose past $1.70 for the first time in nearly five years on Monday on growing expectations that the BoE will tighten policy ...
Aussie falls after RBA minutes, pound pauses LONDON: The Australian dollar fell around half a percent on Tuesday after the country's central bank expressed more doubts about what is proving to be a messy economic recovery.The euro, yen and dollar have been stuck in very tight ranges for the past week, but there was plenty more for investors on major currency markets to chew on.Sterling fell on the back of lower than expected UK inflation numbers, taking the edge off a recent ...
Turkish lira firms, Iraq worries cap gains ISTANBUL: Turkey's lira firmed on Tuesday but failed to recoup four days of losses as violence in neighbouring Iraq where 80 Turks have been held captive for a week kept the investors on edge. Militants from the Islamic State of Iraq and the Levant group have routed Baghdad's army and seized the north of the country in the past week, threatening to dismember Iraq and unleash all-out sectarian warfare with no regard for national borders.US ...
Sterling falls after inflation data, shares rise LONDON: Sterling fell against the dollar and the euro on Tuesday, while UK shares rose after British inflation fell more sharply than expected in May, giving the Bank of England some room to keep interest rates near record lows. Sterling dropped to a day's low of $1.6938 after the data from around $1.6977 beforehand.The pound had risen past the $1.70 mark for the first time in nearly five years on Monday on growing expectations that ...

 



 
Index Closing Chg%
Arrow DJIA 17,751.39 0.69
Arrow Nasdaq 5,111.73 0.44
Arrow S&P 2,108.57 0.73
Arrow FTSE 6,631.00 1.16
Arrow DAX 11,211.85 0.34
Arrow CAC-40 5,017.44 0.81
Arrow Nikkei 20,302.91 0.13
Arrow H.Seng 24,619.45 0.47
Arrow Sensex 27,563.43 0.38





New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk



Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln