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C$ edges marginally higher; Fed minutes, jobs data eyed TORONTO: The Canadian dollar squeezed out a tiny gain against its US counterpart on Thursday as crude oil prices edged higher.There was with little economic news to set the currencies' direction ahead of the release of the US Federal Reserve's September meeting minutes later in the session and Canadian jobs data on Friday.Market participants are hoping the Fed minutes, due at 2:00 p.m. EDT (1800 GMT), will shed light on the central bank's view of the US and global economies and timing for resuming interest rates hikes.At 9:32 a.m. ET, the Canadian dollar was trading at C$1.3052 to the greenback, or 76.62 US cents, slightly firmer than the Bank of Canada's official close of C$1.3065, or 76.54 US cents on Wednesday.The currency was trading within a very narrow range, with the strongest level of the session touching C$1.3022 and the weakest at C$1.3074.Canadian employment data for September is due on ...

Oil rallies but US supply may temper gains LONDON: Oil prices headed for their largest weekly rise in six weeks on Thursday, although an unexpectedly large increase in US inventories may temper some of the optimism among investors that global demand and supply could soon be in balance. US crude stocks rose by 3.1 million barrels to 461 million last week as refineries cut output and idled capacity. Analysts had expected a rise of 2.2 million barrels. Brent crude oil futures gained 76 ...
Dollar slides ahead of Fed minutes NEW YORK: The dollar fell to one-week lows against the euro and yen on Thursday as investors grew cautious about the impending release of minutes of last month's US Federal Reserve meeting, which could shed more light on the central bank's somber outlook on growth and interest rates. At the meeting, the Fed held interest rates as expected but struck a surprisingly dovish tone about US and global growth prospects. "While financial market volatility has ...
Russia will soon suffer 'casualties' after Syria intervention: US defence secretary BRUSSELS: US Defence Secretary Ashton Carter said Thursday Russia will soon begin to suffer casualties after dramatically expanding its military support for long-time ally, Syrian President Bashar al-Assad."This will have consequences for Russia itself which is rightly fearful of attacks in coming days, the Russians will begin to suffer from casualties," Carter said at a NATO defence ministers meeting in Brussels dominated by the Syrian crisis.Copyright AFP (Agence France-Presse), 2015 ...
US stocks dip ahead of Federal Reserve minutes NEW YORK: US stocks opened lower Thursday ahead of the release of the Federal Reserve's September meeting minutes that could shed light on the likelihood of an interest rate hike in 2015.Five minutes into trade, the Dow Jones Industrial Average stood at 16,880.72, down 31.57 points (0.19 percent).The broad-based S&P 500 lost 4.38 (0.22 percent) at 1,991.45, while the tech-rich Nasdaq Composite Index shed 18.71 (0.39 percent) at 4,772.48.The Fed minutes release will chronicle the ...
European stocks push on before signs on US rate outlook LONDON: Europe's main stock markets pushed their way higher Thursday after a negative start, as investors awaited direction on the outlook for US interest rates.The US Federal Reserve is set to release the minutes of its last monetary policy meeting with analysts looking for signs on whether it would raise interest rates starting this year or next.The Bank of England revealed Thursday it would keep its main interest rate at the record-low 0.5 percent, where ...


Index Closing Chg%
Arrow DJIA 16,912.29 0.73
Arrow Nasdaq 4,791.15 0.90
Arrow S&P 1,995.83 0.80
Arrow FTSE 6,336.35 0.16
Arrow DAX 9,970.40 0.68
Arrow CAC-40 4,667.34 0.14
Arrow Nikkei 18,322.98 0.75
Arrow H.Seng 22,515.76 3.13
Arrow Sensex 27,035.85 0.38

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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.988 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklyOctober 05, 2015
Reserves $18.349 bln