Bank of America Claims $2.24B Loss
The Bank of America said today that it lost $2.24 billion in the third quarter on bad loans totaling...
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Are Canadian Banks Setting the Country’s Interest Rate Policy?
When it comes to economic policy, many people believe that big business – particula...
Market awaiting TIC data at 9.00am , expecting 30.1B
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Risk aversion continues to support USD across the board this morning
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BOFA post a 3rd Q $1b loss on consumer defaults
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Canadian inflation remains well behaved at 0.0% m/m-loonie under pressure ahead of BOC next week
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Bernanke, what have you done?
What a week! Bernanke tried to talk the USD up, stating that they will raise interest rates, âââ...
Euro/Usd continues its move higher toward the 1.4968 onite high
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US Banks Profits Beat Forecasts
The results for the last quarter for Goldman Sachs and Citibank have surprised not only by coming ab...
Philly fed comes in at 11.5 vs 12.3 expected.
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Philly fed index at 10.00 am , market looking for 12.3 vs 14.1 previous.
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US Inflation Up 0.2%
The US Consumer Price Index (CPI) rose 0.2 percent in September with rising energy costs the primary...
Euro/Usd retreats from 1.4900 high post data to 1.4860,equity futures pointing lower.
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Number of Newly Unemployed Falls to 514,000
Latest figures from the US Labor Department shows that the number of newly-laid off workers fell for...
Trichet is vocal that EUR was not created to be ‘the’ reserve currency.
His speech today covered two important aspects. Their views on growth and exit strategy and secondly...
Goldman make $3.2b profit, set aside $5.35 for pay and bonuses
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Goldman Sachs makes $3.2b profit.
US banking giant Goldman Sachs has followed Wednesday’s example from JPMorgan Chase and report...
Goldman beats analysts and posts $5.25 a share vs. expected $4.18
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Cable advances on rumors that BOE will suspend asset buy-back
Sterling rose the most vs. the Eur in almost 7-months this morning on speculation that policy makers...
Goldman is rumored to report $6 vs. expected $4.20
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