Retail sales increase for third straight month in October
Consumers spent nearly double what economists had expected
- By: The Canadian Press
- December 21, 2011 December 21, 2011
- 09:40
Consumers spent nearly double what economists had expected
Scotiabank index shows sharp rebound in oil, gains in gold prices
ECB announces massive €489-billion loan to European banks
All sectors positive as investors regain confidence
Report shows home prices rose 4.8% in the third quarter
BoC’s core inflation index north of target at 2.1%
80% of Canadian investment managers forecast positive returns for S&P/TSX in 2012
Data shows inflation steady in November
One of the biggest concerns is the condominium market
Commodity prices mixed
Housing sector will cool down as housing affordability becomes more of a challenge
Key risk to improved global market sentiment is Europe
With government bond yields at the lowest levels for a generation, equities offer the best value in 2012
Gold and oil make gains
Canadian inflation report on deck
U.S. markets mainly weak on European economic concerns
The TSX is trading more than 1,800 points, or 13.7%, below where it sat at the start of the year
12-month TSX target remains at 14,000
RIM stock in for bruising session
Revision reflects the softening economic outlook, and the province’s growing debt burden
Resource stocks weakened as commodity prices continued to lose ground
Scotibank forecasts growth below 2% for Canadian economy
Survey indicates somber mood for world markets, Canada more optimistic