Search Results for: U.S. economy
Bank of Canada lowers overnight rate target to 3/4 per cent
January 22nd, 2015
The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is ...
GFG Weekly Market Insight – 5 Themes For 2015 (week 05 Jan 2015)
January 9th, 2015
5 Themes for 2015 A look back at 2014 may shed some light on what could be ahead for 2015 with multi-asset class trading dynamics suggesting that a slow-motion repricing of risk and/or flight to liquidity may be underway. Possible ...
Oil-Product Prices Fall as Supplies Climb
January 8th, 2015
U.S. Inventory Data Confirm the Market Is Still Oversupplied Prices at the gas pump are heading even lower. Gasoline futures fell to nearly a six-year low on Wednesday after U.S. government data showed oil and fuel supplies rising to ...
Euro Falls to Two-Year Low Amid Greek Concern as Yuan Weakens
December 30th, 2014
The euro declined to a two-year low versus the dollar on concern anti-austerity opposition party Syriza will win Greek elections next month, endangering the country’s bailout agreement. The 18-nation euro fell versus 11 of its 16 major counterparts amid ...
Dollar Gains Fifth Day Versus Yen Before GDP as Aussie Weakens
December 23rd, 2014
The dollar rose for a fifth day against the yen before U.S. reports that analysts said will show economic growth was revised higher and durable goods orders increased. A gauge of the greenback climbed to a five-year high after ...
Dollar Matches Two-Year High Against Euro as Rupiah Strengthens
December 22nd, 2014
The dollar rose to match a two-year high versus the euro amid speculation the Federal Reserve will increase interest rates as early as April while other major central banks maintain monetary easing. A gauge of the U.S. currency was ...
Oil plumbs depths as OPEC refuses to blink
December 16th, 2014
A modest rebound by oil futures gave way to fresh selling Monday, clearing the way for a new round of lows after the Organization of the Petroleum Exporting Countries offered no indication it’s ready to blink and cut production. ...
Federal Reserve will decide this week for widen the door for interest rate hikes next year
December 15th, 2014
Federal Reserve officials will decide this week whether to make a critical change to their policy statement that would widen the door for interest rate hikes next year and effectively bet the United States will continue to shine in ...
Yen Drops First Time in Four Days Before Elections as Won Gains
December 11th, 2014
The yen fell for the first time in four days on speculation Prime Minister Shinzo Abe’s Liberal Democratic Party will win an election this weekend and extend measures that have weakened the currency. The yen dropped versus all of its 16 ...
America: The best place to put your money
December 8th, 2014
If you slept through the past five years, you missed a helluva ride for the American stock market. Not only did U.S. equities trounce their depressing performance from last decade, but they left all other major markets in the ...
