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Euro hits 10-day low vs dollar on ECB caution LONDON: The euro slipped to a 10-day low against the dollar on Monday, as investors eyed a European Central Bank meeting later in the week that could pave the way for further stimulus to boost inflation in the euro zone.Though most traders and analysts reckon the ECB will wait until its December meeting to announce anything new, they see a risk that additional easing measures could be flagged this Thursday and are betting ECB chief Mario Draghi will at least try to talk the currency down.Many banks were expecting the euro to fall to parity with the dollar by the end of this year as the ECB pumps 60 billion euros into the economy each month. But since dipping below $1.05 in March, it has gained around 9 percent, adding to the deflationary pressures facing the euro zone.On Monday, the single currency fell a third of a percent to $1.13085, ...

Zloty weakens on Polish data, election uncertainty BUDAPEST/WARSAW: The zloty weakened against the euro on Monday as a batch of Polish figures hardened indications of an economic slowdown with investors wary ahead of the country's Oct. 25 elections.The zloty eased 0.12 percent to 4.238 against the euro by 1314 GMT. Polish and Hungarian government bond yields ticked up by 2-3 basis points, with Poland's 10-year bonds trading at 2.6875 percent.The annual growth in Poland's industrial output slowed to 4.1 percent in September ...
Russian rouble lower with oil; taxes curb losses MOSCOW: Russia's rouble moved lower on Monday in line with a modest fall in oil prices, but exporter dollar sales for upcoming tax payments kept losses in check.At 0748 GMT, the rouble was 0.3 percent weaker against the dollar at 61.47 and had lost 0.3 percent to trade at 69.78 versus the euro.Brent crude oil, a global benchmark for Russia's main export, was down 0.6 percent at $50.2 a barrel."At current oil levels the rouble ...
Sterling dips vs euro, sees third week of gains against dollar LONDON: Sterling racked up its third week of gains against the dollar on Friday but was again lower against the euro, a promise from one policymaker that Bank of England interest rates would rise sooner rather than later not enough to drive the pound higher. By late afternoon in London, sterling was trading flat on the day against the dollar around $1.5440, having climbed as high as $1.5464 following BoE official Kristin Forbes' comments. "I ...
Sterling retreats from 3-week high after US inflation data LONDON: Sterling retreated from three-week highs against the dollar on Thursday, after a stronger-than-expected rise in core US consumer prices in September revived bets inflation is edging closer to the Federal Reserve's two percent target. The core consumer price inflation, which strips out food and energy costs, rose 0.2 percent after ticking up 0.1 percent in August, and somewhat allayed fears that a disinflationary trend was asserting itself in the world's largest economy. As a ...
Spain sells 4bn euros in bonds, yields fall MADRID: Spain easily sold 4 billion euros ($4.6 billion) of debt at a triple bond auction on Thursday at yields below those at previous auctions, after Standard and Poor's raised the national debt rating to BBB+.The ratings agency said on Oct. 2 that a strengthening economy would benefit public finances and applauded labour market reforms.The Spanish government expects the economy to expand by 3.3 percent this year, driven by rising consumer demand after years of ...
Sterling sees biggest gain in 5 months after jobs boost LONDON: Sterling delivered its best daily performance in five months on Wednesday after Britain's unemployment rate hit its lowest since mid-2008, more evidence for the UK being one of Europe's few economic bright spots and biggest financial draws.The pound has been bolstered by the confirmation of a major merger deal in the buyout of brewer SABMiller, but the big banks are deeply divided on the prospects for the months ahead after a reeling in of ...


Index Closing Chg%
Arrow DJIA 17,888.35 0.95
Arrow Nasdaq 5,156.31 0.93
Arrow S&P 2,102.63 1.07
Arrow FTSE 6,395.65 0.62
Arrow DAX 11,261.24 1.06
Arrow CAC-40 4,914.53 0.87
Arrow Nikkei 20,012.40 1.34
Arrow H.Seng 22,381.35 1.75
Arrow Sensex 26,169.41 0.09

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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
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WeeklyNovember 30, 2015
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