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By Anthony Lazzara |
February 19, 2013
We have our first upside target in the E-mini S&P 500 at 1530, and the market traded all the way up to 1525 this morning, before a slight retracement.
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By Simon Kennedy and Gonzalo Vina, Bloomberg |
February 12, 2013
Group of Seven policy makers roiled the currency markets they sought to calm amid conflicting messages on how much of an economic threat is posed by the weakening yen.
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By Ari Altstedter, Bloomberg |
February 8, 2013
Canada’s dollar weakened below parity with its U.S. counterpart for the first time in five days as employment unexpectedly dropped in January, adding to concern the world’s 11th-largest economy is slowing.
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By Theophilos Argitis and Greg Quinn, Bloomberg |
February 8, 2013
Canadian employers unexpectedly cut jobs in January while home builders slowed the pace of new construction to the least since 2009, suggesting a languid start to the new year for the country’s economy.
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By Stephen Kirkland, Emma Charlton and Leslie Picker, Bloomberg |
February 7, 2013
U.S. stocks fell following a two-day gain amid disappointing earnings and economic data as the euro sank after European Central Bank President Mario Draghi said the currency’s strength could hamper the economic recovery.
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By Greg Quinn, Bloomberg |
January 31, 2013
Canada’s gross domestic product expanded at the fastest pace in seven months in November on gains in manufacturing, mining and energy.
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By Stephen Kirkland and Susanne Walker, Bloomberg |
January 28, 2013
Treasury 10-year yields touched 2% for the first time since April after U.S. durable-goods orders climbed more than forecast. The Standard & Poor’s 500 Index retreated following an eight-day rally, its longest since 2004.
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By Anthony Lazzara |
January 28, 2013
The pound has been suffering to selling mainly because of incoming BOE head Carney indicating that the Central Bank has more room left for policy accommodation designed to spark growth.
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By Ari Altstedter, Bloomberg |
January 25, 2013
The Canadian dollar fell to the lowest level against its U.S. peer in almost six months after a report showed consumer prices declined more than forecast last month as growth cools in the world’s 11th largest economy.
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By Ari Altstedter, Bloomberg |
January 23, 2013
The Canadian dollar fell to parity against its U.S. counterpart after the Bank of Canada said the need to raise interest rates is less urgent as the economy will take longer to reach full output.
