Citi trade of the week: Buy GBP/USD

The latest trade idea from Citi Currency investors should consider buying GBP/USD this week, advises CitiFX Research in its weekly FX pick. Citi recommends buying GBP/USD around 1.3293, with a target of 1.3550, and a stop of 1.3150. Copyright 2015

Canada to cut small business tax rate to 9% from 10.5%

Finance Minister Bill Morneau to make the announcement today Trudeau and Morneau will make an announcement today on lowering the business tax, . according to CTV The entire ploy is part of a counter-offensive. They’ve been working on some changes to tax rules to limit things like corporations paying spouses and children of the owners…