Negative 2nd Quarter Triggers Canadian Recession Fears
Wednesday’s release by Statistics Canada revealed that for the three months ending ...
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Slower Growth Drags Australian, N.Z. Dollars
Signs of slowing economies in both Australia and New Zealand could lead to a further devaluation of ...
Canadian Economy Contracts in 2nd Quarter
Statistics Canada announced this morning that the Canadian economy contracted during the 2nd quarter...
CAD GDP m/m +0.2% vs. -0.3%
This article is for general information purposes only. It is not investment advice or a solution to ...
US ADP Non-Farm Employment Change +91k vs. +109k
This article is for general information purposes only. It is not investment advice or a solution to ...
Market is anemic ahead of Job data
It’s the last week of unofficial holidays and this thinly traded market should prob...
Swiss Franc’s Decline as Safe Haven Bad News for Japan
The Swiss franc declined 0.6 percent to 82.09 centimes to the U.S. dollar in mid-day trading in Lond...
Euro Falls on Lowered Expectation of Rate Hike
The euro declined in trading in Europe today on growing speculation that the European Central Bank h...
S&P Cuts Eurozone Growth Forecast
Standard & Poor’s – the ratings agency that made the news when it recently downgrad...
CAD RMPI m/m -1.2% vs. -2.2%
This article is for general information purposes only. It is not investment advice or a solution to ...
CAD Current Account -15.3b vs. -8.9b
This article is for general information purposes only. It is not investment advice or a solution to ...
Reasons to Short EUR begin to Pile
Futures fund dealers certainly got the jump in the o/n session and have been happily sitting on thei...
Finland’s Demand for Collateral Shows Little Faith in Greece
On July 21st, Eurozone officials together with the International Monetary Fund agreed to provide Gre...
Risk Demand Pushes Canadian Dollar to 3-Week High
The Canadian dollar – nicknamed the “loonie” – broke a three-week high again...
US Consumer Spending Posts Five-Month High
U.S. consumer spending rose to a five-month high in July as auto sales rose sharply providing some e...
US Personal Income m/m +0.3% vs. +0.1%
This article is for general information purposes only. It is not investment advice or a solution to ...
US Personal Spending m/m +0.8% vs. -0.2%
This article is for general information purposes only. It is not investment advice or a solution to ...
US Core PCE Price Index m/m +0.2% vs. +0.2%
This article is for general information purposes only. It is not investment advice or a solution to ...
Don’t forget EU’s woes when buying EUR’s
Will we get to see an extension of last weeks price action this morning? With London on holidays and...
Bernanke Challenges Congress to Make “Difficult Choices”
Federal Reserve Chairman Ben Bernanke used this years Economic Symposium to challenge Fed policymake...