Economy

Finance Minister of Canada: The recent strength of the Canadian dollar is a clear reflection of the strength of our economy

13 Sep 2017 02:10 PM |

Bill Morneau, Canadian Finance Minister, made the following statement:

• The recent strength in the Canadian dollar is a clear reflection of the strength of the Canadian economy.
• The economy is showing continued strength even with the current Canadian dollar valuation.

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  The week ahead (12 – 16 June): Central Banks on top of events

  11 Jun 2017 04:30 PM |

  After a week full of major events, this week comes with a lot of data and events. More than one central bank will be meeting this week to decide on interest rates, but most of the attention will be directed towards the FOMC with the possibility of a rate hike during this meeting. Next to these meetings will be some important economic data that will also play a role in market movements.

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  Asian factories lose some momentum in May on soft export demand

  1 Jun 2017 09:34 AM |

  By Reuters : Factories across much of Asia ran into a soft patch in May as export demand slowed, but analysts said the weakness was likely to be temporary amid signs of steady improvement in the global economy.

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  China's reforms not enough to arrest mounting debt: Moody's

  26 May 2017 03:46 PM |

  By Reuters : China's structural reforms will slow the pace of its debt build-up but will not be enough to arrest it, and another credit rating cut for the country is possible down the road unless it gets its ballooning credit in check, officials at Moody's said.

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  Weekly Wrap Up ( 15 – 19 May )

  19 May 2017 06:23 PM |

  The dramatic events surrounding President Donald Trump and the scandal of leaking some very confidential information to the Russian prime minister dominated this week's atmosphere. All this smacked down the dollar and drove investors away in search of safe havens such as gold and the Japanese yen, and some investors headed to the digital currency (Bitcoin) to  record historic highs of 1940$.

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