Forex Consulting

A little more hedging on the corporate rate cut

House speaker Ryan comments There is more hedging on the corporate rate cut US House Speaker Ryan is on the newswires saying: The problem with the tax reform is the threat of larger deficits before the potential growth from such measures. Plus it is not guaranteed the expected 4% growth would materialize.    The President…

Forex Consulting

US stocks opening a bit lower

Dow closed at record level yesterday. S&P and Nasdaq were lower. The major US indices are starting the day with modest declines. It has been a year since Trump took office and the stock markets have thrived.  Copyright 2015 Forexlive.com

Forex Consulting

Canada Sept building permits +3.8% vs +1.0% expected

Canadian building permits from StatsCan – Prior was -5.5% – First rise in three months – Residential -1.7% – Non-residential +13.9% StatsCan said “a high-value institutional building permit issued in Alberta was behind much of the increase,” in non-residential permits. I believe that’s a hospital. Copyright 2015 Forexlive.com