CAN Ivey PMI +65.9 vs. +55.9
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BOC raises rates to +1%
The Bank of Canada today announced that it is raising its target for the overnight rate by one-quart...
Goldman Says Emerging Nation Stocks Will Outpace Developed Countries by 2030
Goldman Sachs analyst Timothy Moe has released a research paper in which he argues that emerging nat...
As expected BOC hikes +25bp to +1%
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Japan’s Finance Minister Hints at Intervention to Curb Yen Growth
With the yen maintaining a 15-year high against the dollar, Japan’s Finance Minister hinted th...
Greek Economy Contracts 1.8%
The Greek economy contracted by 1.8 percent in the second quarter as the beleaguered country deals w...
Improved demand for Portuguese and Polish bonds this morning
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CAN Building Permits m/m -3.3% vs. -4.2%
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Irelands Euro crisis and its not soccer
The 750b EUR bailout months ago still cannot sooth investors fears, pushing the gap between the Bund...
Gillard Aussi PM
Julia Gillard will stay as Australia’s prime minister after winning the backing of two key ind...
German Factory Orders Decline in July
German factory orders unexpectedly fell in July as demand in the euro region weakened, indicating th...
PIIGS spreads have widened +20bps so far this morning
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German Banks may have underestimated capital required by $135b
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US Unemployment Could Reach 10%
A survey of industry analysts suggests that unemployment in the US could reach 10% if growth in the ...
Shock European Banks under Capitalized
Our Summer hiatus is over’ it’s back to cracking them books, back ...
Eurozone Retail Sales Make Slight Gain
Retail sales for the eurozone region rose slightly in July, gaining 0.1 percent after a 0.2 percent ...
Oil Dips Below $75 a Barrel
Oil prices were off slightly as investors digested the latest US Employment Report, falling by 35 ce...
54,000 US Jobs Lost Last Month
The US Labor Report brought more discouraging employment news today as for the third month in a row,...
US strong positive revisions for June and July +123k and Private +66k
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US 2/10’s curve widens +11ticks to +222bp
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