Canadian Retail Sales -2% vs. +0.4%
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Canadian Core Retail Sales -1.2% vs. +0.0%
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Bernanke fears encourage risk aversion
Optimism over the possible appreciation of the Yuan fading, and the ongoing concerns of the European...
German Business Confidence on the Rise
Defying most predictions, the German business index jumped to a two-year high in June, increasing to...
Yen Gains as Fear Grow for European Banks
The yen had its biggest single-day gain in over two weeks Monday, as investors fretted over the poss...
Osbourne Unveils “Tough But Fair” UK Budget
Highlights of the new UK budget unveiled yesterday by Chancellor George Osborne, include an increase...
CAN Core-CPI +0.3% vs. +0.3%
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EUR-German Ifo Business Climate 101.8 vs. 101.2
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EUR appetite lost
So we are back to trading risk aversion. The Chinese gesture of loosening their peg status and tryin...
Fitch downgrades BNP to AA- from AA, pushes EUR to new lows 1.2331
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China Increases US Holdings
After reducing its US holdings by 6.5 percent late last year, China has recently increased its US re...
Corporate Bond Sales Gaining
As worries over the European debt crisis subside somewhat, investors are turning again to corporate ...
China’s Willingness to Allow Yuan to Appreciate Boosts Markets
China’s confirmation that it will allow the yuan to appreciate against the dollar sent global ...
China’s reval smokescreen for G8
Should we really be that surprised of China’s decision to allow greater flexibility...
Oil Prices Lower on Profit-Taking
Global oil prices opened lower today as investors claimed profits after a week of gains. New York...
Canadian Unemployment Recipients Unchanged
Statistics Canada announced today that the number of Canadian receiving unemployment benefits in Apr...
Biden Calls for Continued Stimulus Spending
In yesterday’s White House briefing, US Vice President Joe Biden called for continued stimulus...
EUR positions require their own Stress Tests
The thought of even being transparent with the EU Financial Stress Tests has restored some market co...
Sterling Gains on Upbeat Retail Sales Results
The British pound received a boost from the monthly retail sales report showing that sales rose 0.6 ...
Carney Says Rate Increases Not “Preordained”
Bank of Canada Governor Mark Carney said yesterday that just because the Bank recently raised intere...