Bernanke: Fed Ready to Take Action “If Needed”
Testifying before the Senate Banking Committee late yesterday afternoon, Federal Reserve Chairman Be...
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Survey Result Points to Continued Gold Rally
A poll of 55 analysts and traders indicates that market experts believe that the gold rally will con...
New Claims For Unemployment Benefits on the Rise
The US Labor Department announced today that new claims for unemployment benefits rose 37,000 to a s...
US unemployment Claims +464k vs. +449k
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Canadian Core-Retail Sales m/m -0.1% vs. +0.5%
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Canadian Retail Sales m/m -0.2% vs. +0.5%
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Stressed Thinking about the Tests? Liar, of course you are
Market participants are starved for anything of substance. This morning’s Euro-zone...
France, Germany Want to Prevent Deficit States from Voting
France and Germany said on Wednesday they want to suspend voting rights of EU member states which ru...
Oil Climbs Above $78 on Growth Expectations
US crude oil for September delivery rose 53 cents to $78.11 a barrel Wednesday before falling back t...
Stock Futures Rise on Morgan Stanley Earnings
Stock index futures in the US rose Wednesday morning on news that Morgan Stanley and Wells Fargo bot...
CAN Wholesale Sales m/m -0.1% vs. +0.4%
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Market wary of Stress Tests before betting Farm
Helicopter Ben, today, will confirm that the Fed is concerned about the deterioration in the economi...
European Bank Stress Test Results Due Later This Week
With the results of the stress tests to gauge the strength of the European banking system due later ...
Bank of Canada Raises Interest Rates to 0.75%
As expected, the Bank of Canada announced it was raising the benchmark lending rate by 25 basis poin...
As Expected BOC hikes rates 25bps to +0.75%
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Weaker Revenues Expected to Pull Down Stocks
Disappointing earnings from Goldman Sachs and IBM are expected to send North American stock markets ...
US Housing Starts Disappoint
US housing starts fell more than expected in June, falling 5.0 percent to a seasonally-adjusted annu...
China Now World’s Largest Consumer of Energy
According to the International Energy Agency (IEA), China is now the world’s largest energy co...
Successful European Bond Sales Ease Credit Concerns
Over the last few days, Spain, Ireland, and Greece have combined sold nearly 10 billion euros (US$13...
US Housing Starts +0.55m vs. +0.58m
Content is for general information purposes only. It is not investment advice or a solution to buy o...