All
 

 

Just in:  

You are here: Home»Markets»FXMM»Europe

Europe

Archive

Czech crown hovers near cap, investors watching central bank BUDAPEST/PRAGUE: The Czech crown hovered close to the central bank's cap of around 27 to the euro on Monday, and investors were on the lookout for official intervention to prevent any further strengthening.Other central European assets were rangebound with turnover in regional markets thin due to a lack of major economic data this week and less nervousness over Greece's debt crisis.Illiquid trade, however, makes it easier for investors who want to test the Czech central bank's resolve to move the crown.The currency traded flat at 27.06 at 0815 GMT.The central bank launched the cap in 2013 as the main plank of its "weak crown" policy to support the economy as inflation was declining into negative territory in most of the region."We are waiting for any action from the central bank, at least possibly some verbal action (to weaken the crown)," one Prague-based dealer said.Another dealer said the bank would not ...

Trade-weighted sterling at 7-1/2-year high, strongest run since 2010 LONDON: Sterling powered to a 7-1/2-year high against a trade-weighted basket of currencies on Friday, after the head of the Bank of England (BoE) signalled that an interest rate rise could come around the turn of the year. Markets took comments from Governor Mark Carney that a decision would come into "sharper relief" around the turn of the year as pointing to a rise as soon as November or February, when the bank releases its ...
Euro slips to six-week low after Greece approves bailout plan LONDON: There was no silver lining for the euro on Thursday after Greece voted through austerity demanded in return for another bailout, as improved interest rate differentials drove the dollar higher across the board.The New Zealand dollar sank to a six-year low after weak inflation data cemented expectations for a cut in its official rates next week, while the Canadian dollar remained on the defensive after a cut there on Wednesday.The euro did inch up ...
Sterling unmoved as UK inflation slips back to zero; wage data eyed LONDON: Sterling fell against the euro but inched up against the dollar on Tuesday, as investors bet a fall-back of British inflation to zero would be temporary, with prices still suffering from a slump in oil prices last year. Figures released on Tuesday showed that consumer price rises fell to zero percent in June after nudging into positive territory in May, as food and summer clothing prices fell. An underlying measure of inflation, which strips ...
Russian rouble slips after Iran nuclear deal reached MOSCOW: The Russian rouble tracked oil prices lower on Tuesday after Iran and six major powers reached a deal over the Islamic republic's disputed nuclear programme. Forex sales by exporters checked the rouble's losses, however, and the central bank said the market had already priced in a deal over Iran. At 0945 GMT, the rouble was 0.8 percent weaker against the dollar at 56.97 and had lost 1 percent to trade at 62.82 versus the ...
Turkey's lira hits firmest since late May ISTANBUL: The Turkish lira rallied some 0.6 percent against the dollar on Tuesday to below 2.63, its firmest since May 26, boosted by hopes for a coalition government, the Greek bailout and falling oil prices after the Iran nuclear deal. The positive mood extended to the main Istanbul share index , which rose 0.82 percent, while the benchmark 10-year government bond yield was steady at 9.48 percent. Copyright Reuters, 2015 ...
Dollar rallies as Greek deal brings US rate hikes into focus LONDON: The dollar strengthened across the board on Monday after euro zone leaders clinched a deal with Greece in an all-night summit, letting investors turn their focus away from Europe and towards the prospect of higher US interest rates.European Council President Donald Tusk announced on Twitter that leaders had unanimously reached agreement on a third bailout for the cash-strapped southern European country. EU officials said Greek Prime Minister Alexis Tsipras had accepted a compromise on ...

 



 
Index Closing Chg%
Arrow DJIA 16,643.01 0.07
Arrow Nasdaq 4,828.32 0.32
Arrow S&P 1,988.87 0.06
Arrow FTSE 6,247.94 0.90
Arrow DAX 10,298.53 0.17
Arrow CAC-40 4,675.13 0.36
Arrow Nikkei 19,136.32 3.03
Arrow H.Seng 21,612.39 1.04
Arrow Sensex 26,392.38 0.61





New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk



Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln