EU Proposal for Bank Levy Could Lead to Moral Hazard
Michel Barnier of the EU Internal Market Commission, said he wants to see European banks pay into a ...
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US Core Durable Goods Orders m/m -1.o% vs. +3.7%
Content is for general information purposes only. It is not investment advice or a solution to buy o...
EUR correction a trend reversal for irrational traders
It’s the US dollar libor, the pain of Spanish Banks, Korea, and Chinaâ€ââ...
Outlook Remains Bleak for Global Markets
Tuesday turned out to be another tough day for the markets as the ongoing euro debt crisis and heigh...
Loonie Fading Fast
Investors continue to flock to the US dollar as a safe destination until the turmoil currently embro...
LIBOR Rate Continues to Climb
The LIBOR rate (the rate at which banks lend each other short-term funds) increased for the 11th str...
Euro Crisis Puts Pressure on Global Stock Markets
Stock markets in Asia and Europe were down sharply Tuesday morning as investors worry that the Euro ...
Dollar Libor rises for a 11th consecutive day
Content is for general information purposes only. It is not investment advice or a solution to buy o...
IMF warning sticker on Spain distresses EUR
Saber rattling from North Korea and debt warnings morphing in Spain has markets on high alert this m...
Canadian Retail Sales Jump 2.1%
An unexpected jump in auto sales helped boost Canada’s March retail sales to a 2.1 percent inc...
Friday Set to Cap Week of Losses
Friday looks set to continue the trend for the entire week as stocks continued to fall in Europe and...
EU Finance Ministers Meet in Brussels
EU finance ministers are gathering in Brussels today to discuss how to address the euro debt crisis....
Canadian Core-Retail Sales +1.7% vs. +0.0%
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Canadian core-CPI rises +0.3% vs. +0.2%
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Trichet and Political risk encourages dumping EUR
Trichet is fast becoming the mouthpiece that Capital Markets do not listen to. In his â€ËÅ...
Canadian Dollar Still on the Slide
Worries that the Greek debt crisis could spread to other European countries, has caused the Canadian...
Oil Prices Continue to Fall
With the euro debt crisis still in the headlines, and investors turning to the US dollar for safety,...
US New Jobless Claims Jump 25,000 Last Week
The US Labor Department announced this morning that the number of new claims for unemployment benefi...
Increase Demand for Japan’s Exports Lifts Economy
Renewed demand for Japan’s exports helped grow Japan’s economy by 1.2 percent for the fi...
CAN leading index m/m +0.9% vs. +1.0%
Content is for general information purposes only. It is not investment advice or a solution to buy o...