Oil price collapse weighs further on Canadian business outlook
Apr 06, 2015 16:24 pm UTC| Commentary
The Bank of Canadas Spring Business Outlook Survey (BOS) showed that business sentiment continued to deteriorate in the first quarter of 2015, as lower oil prices pinched the energy sector. The Bank did note that a...
Apr 06, 2015 15:55 pm UTC| Commentary
Dollar bulls appear set to take some time off following a run of sobering news on the health of the U.S. economy. In the latest sign that the U.S. economy fared sluggishly in the first quarter, job growth in March...
Apr 06, 2015 15:54 pm UTC| Commentary
The loonie was firm below C$1.25 ahead of a crucial week for the Canadian economy. A weaker greenback and firmer oil prices above $50 helped the loonie hold near its strongest level in more than a week.How the loonie fares...
Apr 06, 2015 15:54 pm UTC| Commentary
Receding expectations for the Fed to boost U.S. interest rates helped sterling hover closer to the key $1.50 threshold, its highest in more than a week. U.K. markets are closed today for the Easter Monday holiday.Upside...
Apr 06, 2015 15:53 pm UTC| Commentary
The Aussie dollar rose to April highs above $0.76 against its jobs-injured U.S. counterpart. The Aussie is days removed from hitting fresh six-year lows under $0.76, a decline stemming from expectations for Australias...
Apr 06, 2015 15:53 pm UTC| Commentary
Underwhelming U.S. jobs news and growing signs of improving economic momentum in Europe helped the euro hover around $1.10 against its U.S. counterpart, its strongest level in more than a week. Doubts about the durability...
Strengthening domestic economy to fuel optimism among US service-sector firms in the coming months
Apr 06, 2015 15:44 pm UTC| Commentary
The Institute for Supply Management (ISM) non-manufacturing index edged lower by 0.4 points to 56.5 in March. The headline number was bang on market expectations.The 1.9 point decline in the business activity sub-component...
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