FXstreet.com

Weekly Market Watch

0

0

The Lebanese Banking Sector

Tue, Aug 12 2008, 06:56 GMT
by Credit Libanais Research Unit

Credit Libanais


In the banking sector, the consolidated balance sheet of commercial banks in Lebanon revealed a 2.61% monthly expansion in total banking sector assets to LBP 133,340 billion in the first half of 2008, up from LBP 129,946 billion in May 2008.


Public Debt

Statistics released by the Lebanese Ministry of Finance show an annual 11.73% expansion in gross public debt to $44.43 billion in the first half of 2008, up from $39.77 billion during the same period in 2007.


UN-ESCWA Launches Report on Globalization and Regional Integration In 2007

UN-ESCWA issued last week its latest annual publication on Globalization and Regional Integration in 2007 that portrays Arab Foreign Direct Investment (FDI) trends, growth and inflows by country. More particularly, the report made reference to a healthy 36% annual growth in FDIs in Arab countries with a record score of $62 billion in 2006.


Inflation Rates In The Arab States

The combined Arab inflation rate soared to 9% in 2007 up from 7% in 2006 fueled by the prevailing expansion of food and energy prices in the Arab region.


Durable Goods In June 2008

The U.S. Department of commerce pointed to a 0.8% expansion in U.S. durable-goods orders during the month of June 2008.


Archive

Credit Libanais  | Sofil Center 5th floor, Charles Malek Avenue, Ashrafieh 1100 2811, Beirut
http://www.creditlibanais.com | info@creditlibanais.com

Legal disclaimer and risk disclosure

This document is being furnished to you solely for your information and may not be reproduced or redistributed to any other person. This document does not constitute an offer or invitation to subscribe to or purchase any security, and neither this document nor anything contained herein shall form the basis of any contract or commitment whatsoever. Reasonable care has been taken to ensure that the facts stated herein are accurate and the estimates, opinions and expectations contained herein are fair and reliable.


Interested in forex trading? forex brokerage firms!


Interbank FX, LLC
Contact the broker/FDM
Open a demo account
Forex Capital Markets, LLC (FXCM)
Contact the broker/FDM
Open a demo account
Capital Market Services, L.L.C.
Contact the broker/FDM
Open a demo account
Alpari (UK) Limited
Contact the broker/FDM
Open a demo account
FXDD
Contact the broker/FDM
Open a demo account

FXstreet.com will give you a 3 months membership as soon as minimum rebates have been generated (€150 for private trader/ €300 for corporate trader)

[Read Premium full description]

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.

Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

©2008 "FXstreet.com. The Forex Market" All Rights Reserved.