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Rouble steady, Russian stocks higher on oil, eyes on Ukraine MOSCOW: The rouble was steady on Wednesday and Russian stocks opened higher, with a rally in the oil price balancing uncertainty about the fate of a peace deal for Ukraine.The rouble was flat against the dollar at 62.52 and 0.1 percent stronger at 71.27 against the euro.The dollar-based RTS stock index was up 2 percent to 913 points while the rouble-based MICEX was up 1 percent at 1,813.Russian markets were reacting to a rally in the oil price on Tuesday, which has pushed Brent back above 62 dollars a barrel.Brent was down 0.5 percent on Wednesday morning, however, at 62.2 per barrel, still close to two-month highs.The rouble had largely priced in the oil price rally on Tuesday evening, when the stock market was closed.The impact of the firming oil price has helped to offset the situation in eastern Ukraine, where heavy fighting is continuing despite last week's peace deal ...

Swiss franc still too strong, SNB may intervene - Jordan BRUSSELS: The Swiss franc is still significantly overvalued and the country's central bank remains prepared to intervene when necessary in currency markets, its chairman said on Tuesday.The Swiss National Bank (SNB) shocked financial markets last month by scrapping its 1.20 per euro cap on the franc, sending the currency soaring and Swiss stocks plunging.The franc has since pared some of those gains, but it is still more than 10 percent up compared with the day ...
Euro shrugs off Greek debt talks collapse, rises 0.3pc LONDON: The euro recovered from initial losses on Tuesday, helped by a bounce in German investor sentiment and hopes that Greece will find a common ground with its euro zone partners for support beyond its current bailout programme. Earlier, the euro had weakened after a collapse in talks to secure a new debt deal for Greece raised doubts about the country's future in the euro zone. But Greek stocks cut losses while Italian and Spanish ...
Euro shrugs off Greek debt talks collapse, rises 0.7pc LONDON: The euro rebounded from earlier losses on Tuesday, helped by a bounce in German investor sentiment and hopes that Greece will find a common ground with its euro zone partners for support beyond its current bailout programme. Earlier, the euro had weakened after a collapse in talks to secure a new debt deal for Greece raised doubts about the country's future in the euro zone. But Greek stocks cut losses, while Italian and Spanish ...
Euro edges up before crunch meeting on Greece LONDON: The euro inched higher on Monday ahead of a meeting of euro zone finance ministers that investors expect will find enough common ground to support Greece beyond its current bailout programme and keep it inside the currency bloc. In a day weakened by the absence of US investors due to a national holiday, the New Zealand dollar was the biggest mover on major currency markets, up almost 1 percent after a strong retail sales ...
Sterling hits six-week high on rate hike bets LONDON: Sterling hit a six-week high against the dollar on Monday after a Bank of England policymaker said interest rates would need to start rising sooner than investors expect.Martin Weale, one of two BoE rate-setters who voted for a hike last year, told a Sunday newspaper the Bank expected inflation to rise above its target of 2 percent by mid-2017 and it would need to increase borrowing costs gradually in response. Having posted a third ...
Euro up but on edge before crunch meeting on Greece TOKYO/SYDNEY: LONDON: The euro edged up on Monday ahead of a meeting of euro zone finance ministers that investors hope will find common ground to support Greece beyond its current bailout programme and keep it inside the currency bloc.The single currency has gained steadily through a nervous month of deadlock between the new government in Athens and its international creditors in Europe and at the IMF.That, and the relative calm on debt markets in Spain, ...

 



 
Index Closing Chg%
Arrow DJIA 18,288.63 0.86
Arrow Nasdaq 5,008.10 0.90
Arrow S&P 2,117.39 0.61
Arrow FTSE 6,940.64 0.09
Arrow DAX 11,410.36 0.08
Arrow CAC-40 4,917.32 0.69
Arrow Nikkei 18,826.88 0.15
Arrow H.Seng 24,887.44 0.15
Arrow Sensex 29,459.14 0.33







ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyDecember
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln