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Dollar weakens against yen as BoJ stands pat, FOMC minutes eyed LONDON: The dollar fell on Wednesday, retreating from a near three-week high hit against the yen the previous day, after the Bank of Japan kept monetary policy unchanged despite slowing inflation.Some had begun to expect further easing in view of the fact that the BOJ has missed its ambitious target of achieving 2 percent inflation in two years.Governor Haruhiko Kuroda told a press conference that thanks to easing steps taken last October, Japan has been able to avoid the slowdown in inflation while real wages are likely to pick up, dashing hopes of a further expansion in its asset-buying programme in coming months.As a result the yen climbed. The dollar shed 0.4 percent to 119.80 yen, pulling away from a near three-week high of 120.45 yen hit on Tuesday. The dollar index fell 0.4 percent to 97.440 after gaining 0.9 percent on Tuesday."It does not look like another round of ...

Dollar falls against yen after BoJ maintains policy LONDON: The dollar fell on Wednesday, retreating from a near three-week high hit against the yen the previous day, after the Bank of Japan kept monetary policy unchanged despite slowing inflation.The greenback was also waning ahead of the release of U.S. Federal Reserve minutes and the start of an earnings season that could show the negative impact of a strong currency, spreading caution about any rate hike in the world's largest economy.Some had expected further ...
Euro falls below 59 roubles per euro MOSCOW: The euro fell below 59 roubles per euro on Wednesday for the first time since November 2014 thanks to general strength of the Russian currency.As of 0723 GMT, the rouble was about 1.3 percent stronger against the dollar at 54.31 and had gained 0.87 percent to 59.02 versus the euro.Copyright Reuters, 2015 ...
German yields fall as Greek eyes debt sale to avert funding crunch LONDON: German Bund yields pushed lower on Wednesday as Greece prepared to sell treasury bills to refinance maturing debt, a day before it has to repay an International Monetary Fund loan.Selling pressure on Greek assets eased on Tuesday after Athens said it would repay the 450 million-euro loan tranche due on Thursday, but the country is fast running out of cash.Finance Minister Yanis Varoufakis has said an agreement on a package of reforms needed to ...
Sterling firms after data surprise but election uncertainty curbs gains LONDON: Sterling hit a day's high against the euro on Tuesday after data showed Britain's dominant services sector grew strongly in March, although analysts and traders said gains were capped by uncertainty ahead of next month's election.The Markit/CIPS services purchasing managers' index (PMI) surged to hit an eight-month high of 58.9 in March, up from 56.7 in February, pointing to a speeding up of overall economic growth in the first three months of 2015.The British ...
Aussie outperforms, gains more than 1pc as RBA keeps rates unchanged LONDON: The Australian dollar gained over 1 percent against the U.S. dollar on Tuesday -- heading for its biggest daily rise in more than two weeks -- after the Reserve Bank of Australia surprised many investors by refraining from an interest rate cut.The Aussie rose to $0.7711, its highest in a week, from around $0.76 before the decision, extending its recovery from a six-year trough of $0.7534 set on Thursday. It was last trading at ...
Russia's rouble opens stronger at market opening MOSCOW: The rouble opened stronger on Monday, tracking a rise in the price of oil, Russia's main export and a major driver behind the currency's performance.At 0703 GMT, the rouble was about 0.1 percent stronger against the dollar at 56.62 and gained 0.3 percent to trade at 62.02 versus the euro.Oil futures climbed more than $1 a barrel on Monday, after Saudi Arabia raised prices for crude sales to Asia for a second month.Copyright Reuters, ...


Index Closing Chg%
Arrow DJIA 17,826.30 1.54
Arrow Nasdaq 4,931.82 1.52
Arrow S&P 2,081.18 1.13
Arrow FTSE 6,994.60 0.93
Arrow DAX 11,688.70 2.58
Arrow CAC-40 5,143.26 1.55
Arrow Nikkei 19,652.88 1.17
Arrow H.Seng 27,653.12 0.31
Arrow Sensex 28,442.10 0.78

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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyApril 16, 2015
Reserves $16.818 bln