You can’t help but wonder where Canada would be without tariffs When risks are rising, everyone is talking about them. But as they fade, they’re forgotten. subscribe
Canada keeps its top rating Canada has a top rating from all the ratings agencies. Fitch cited Canada’s “political stability, strong governance and institutional strengths” and sees growth of 2.0% this year before trending to 1.6% in 2020. The see the BOC following a more gradual path than the Fed on rates.
Forex news for NY trading on July 20, 2018. In other markets: – Spot gold is trading higher today on the back of the lower dollar. The price is up $8 or 0.66% at $1231. The 200 week MA was broken this week at $1234 and it will close below that MA. However, the recovery…
Treasury Secretary comments Trump promised to label China a currency manipulator on Day 1. ForexLive
Forex news for North American trading on July 20, 2018: Markets: – Gold up $8 to $1231 – WTI crude up $1.00 to $70.46 – S&P 500 down 3 points to 2801 – US 10-year yields up 6 bps to 2.89% Canadian economic data was on the agenda and it delivered a positive surprise that…
Gold mines are depleting The supply side of the gold market isn’t the one you hear about often. It’s usually driven by the demand side, inflation and central banks.
Little changed on the week In an up and down day, the major indices are ending the session in the red, with modest (near unchanged) levels. The Dow and S&P had first 2 day losing streak in July but in reality today was hardly a down day (although it did give up earlier gains).
Dominic Raab says they must have plans in place in case of no deal New Brexit negotiator suggested the UK might not pay its 39 billion pound divorce bill if no trade agreement with the EU is reached.
Ratings news Other ratings news – Austria outlook raised to positive from stable by Fitch – France affirmed at AA by Fitch
Maria Butina had wider contacts than assumed Accused Russian agent Maria Butina took part in meetings with two senior officials at the Federal Reserve and US Treasury, according to a Reuters .