Entries Categorized as 'Bank of Canada'

US: Forget About a V-Shaped Recovery, Maybe a W or L

Date September 19, 2008

The volatility that we have seen in the currency, stock and bond markets this past week has not been for the faint of heart. The Dow Jones Industrial Average fell 500 points on Monday, but instead of continuing lower over the course of the week, it staged the biggest 2 day rally in 5 [...]

Canadian Dollar: Headed for More Losses?

Date July 28, 2008

In 2007, the Canadian Dollar was named Time Magazine’s Canadian Newsmaker of the year. Having hit a high of 0.9059 against the US dollar, it smoked its US counterpart. At the time, the Loonie skyrocketed because of a booming economy and skyrocketing oil prices.
However in the second half of 2008, the tides are [...]

In the Financial Papers: Today’s Top Forex News 06.11.08

Date June 11, 2008

Here is the “In the Financial Papers Radio Broadcast” (Length: 4:47minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
China and Vietnam Takes Steps to Clamp Down on Inflation
Bond Markets Pricing in a Fed Rate Hike
ECB Member Stark Says Central Bank Does Not Plan Series [...]

Even Canada has Succumb to Inflationary Pressures

Date June 10, 2008

To the surprise of the markets, the Bank of Canada has decided to leave interest rates unchanged at 3.00 percent.
Although growth contracted by 0.3 percent in the first quarter and consumer confidence fell to a 7 year low, the prospect of higher price pressures has reduced the dovishness of the BoC. According [...]

In the Financial Papers: Today’s Top Forex News 06.10.08

Date June 10, 2008

Here is the “In the Financial Papers Radio Broadcast” (Length: 4:01 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
- Bank of Canada Leaves Interest Rates Unchanged
- Oil Prices Drive US Trade Deficit Higher
- Bernanke Reiterates Concern for Inflation
- Oil Jump Catches Speculators Off [...]