Canada’s March Trade Surplus Unexpectedly Narrows on Energy
Canada’s merchandise trade surplus unexpectedly narrowed in March, as prices for en...
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Portugal Sells Maximum 1 Billion Euros of Bonds as Demand Rises
Portugal sold 1 billion euros ($1.3 billion) of 10-year bonds, getting more demand than at previous ...
CAN Trade Balance +0.3b vs. +1.6b
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Flash EUR GDP growth as expected Greece -0.8% q/q
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Flash EUR GDP Growth q/q Spain +0.1% Portugal +1.0%
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Is the EUR’s demise out of gas?
Is this the calm before another storm where the currency markets have got too far ahead of themselve...
EU Bailout Reprieve Short-Lived
Market exuberance for the trillion dollar European Union bailout package waned Tuesday as global mar...
Stock Prices Set to Pare Yesterday’s Gains
Global stock markets are giving up some of yesterday’s gains following the news that a deal ha...
Inflation Jump Suggests China at Risk of Overheating
A 12.8 percent increase in property values helped boost China’s April inflation rate by 2.8 pe...
OECD unemployment rate 8.7%
Ireland has the third highest rate of unemployment in the OECD, according to new data published toda...
A Trillion gets the EUR Nothing
Firstly, let’s give a round of applause for the EU members finally getting it toget...
EU Rescue Deal Spurs Markets
Monday was destined to be a busy day once news broke that the European Union had reached a deal to p...
Voters Punish Merkel Over Greek Debt
It would be inaccurate to say that German Chancellor Angela Merkel lost an important state election ...
Moody’s says it may be sued by the SEC for filing false and misleading descriptions of its credit-rating policies
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Canadian Dollar Gains Two Cents
The Canadian dollar also benefited from the EU-brokered rescue plan for the euro on the weekend. The...
Fannie Mae Asks for $8.4B
Less than two years after receiving billions in government aid money, Fannie Mae is again turning to...
Bank of England Keeps Rates at 0.5%
As political uncertainty grows as a result of last week’s election resulting in a “hung&...
EU Pledges 750 Bn Euros to Stabilize Currency
Markets in Europe and Asia turned sharply positive Monday on news that the EU finance ministers had ...
Trichet indicates that Bond re-purchase was not unanimous
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Canadian Housing starts +202k vs. +199k
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