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Euro falls to session low versus dollar, Spanish yields rise  LONDON: The euro fell to a session low against the dollar on Tuesday and Spanish government bond yields rose as Spain's reluctance to ask for a sovereign bailout unnerved some investors.   The single currency fell 0.3 percent on the day to $1.30706. Stops loss orders were cited below $1.3070.   Two-year Spanish bond yields were up 6.7 basis points on the day at 3.47 percent, well off their best levels of 2.7 percent seen in the wake of the European Central Bank's recent bond-buying announcement.   Copyright Reuters, 2012 ...

Swiss franc rises vs euro as risk concerns return  ZURICH: The Swiss franc ticked up against the euro on Tuesday, rebounding from an eight-month low hit the previous session, as concern about Spain's government finances dampened optimism sparked by the European Central Bank's bond buying programme.   After spending months hovering near the 1.20 per euro cap set by the Swiss National Bank a year ago, the franc has fallen against the single currency the past week, hitting an eight-month low of 1.21831 francs on trading ...
Euro hits new four-month peak on poor US data  LONDON: The European single currency hit another four-month high on Monday, as poor US manufacturing data stoked expectations of more quantitative easing from the Federal Reserve, traders said. In afternoon deals, the euro rebounded to $1.3172 -- hitting a pinnacle last seen on May 4. That compared with $1.3127 late in New York on Friday. The dollar sank following a second straight monthly decline in the Fed's Empire State manufacturing index for the New York region in ...
Dollar pinned near 7-month low as Fed easing weigh LONDON: The dollar hovered near a seven-month low against a basket of currencies on Monday, and was expected to stay under pressure after the US Federal Reserve embarked on aggressive monetary stimulus last week. Recent dollar weakness has raised speculation the Bank of Japan may in turn consider easing monetary policy at a two-day meeting ending on Wednesday if the yen keeps rising.  The euro also held firm against the dollar after hitting a four-month high last ...
Sterling firm near 4-month high vs dollar, outperforms euro  LONDON: Sterling was firm near a four-month high against the dollar on Monday as the Federal Reserve's move to ease monetary policy drove more investors to sell the US currency. It was also firmer against the euro with investors waiting to see if Spain will ask for aid to tackle its debt. Analysts said Madrid appeared to be paving the way for requesting such assistance after it said it would set clear deadlines for structural reforms ...
Euro rises to 8-month high against Swiss franc  LONDON: The euro rose to an eight-month high against the Swiss franc on Monday, extending gains after the Swiss National Bank last week maintained its Swiss franc cap at 1.20 per euro but lowered its inflation and growth forecasts. The euro rose to 1.21831 francs on trading platform EBS, its strongest since early January. Traders cited talk of an option barrier at 1.22 francs. The euro has risen sharply in recent sessions against the franc, with traders ...
Fed easing has dollar at 19-week low vs Swiss franc  ZURICH: The Swiss franc hovered near a 19 week high against the dollar on Monday, after the US Federal Reserve embarked on an aggressive course of monetary stimulus last week.   The Fed's decision last week to launch a third round of quantitative easing to buy $40 billion a month of mortgage-backed securities until the jobs market improved substantially, has whetted investor appetite for risky assets, while weighing on the dollar.   "Markets are firmly in risk on mood," ...

 



 
Index Closing Chg%
Arrow DJIA 16,408.54 0.10
Arrow Nasdaq 4,095.52 0.23
Arrow S&P 1,864.85 0.14
Arrow FTSE 6,625.25 0.62
Arrow DAX 9,409.71 0.99
Arrow CAC-40 4,431.81 0.59
Arrow Nikkei 14,516.27 0.68
Arrow H.Seng 22,760.24 0.28
Arrow Sensex 22,628.84 1.58





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln