TSX closes little changed
Pressure on European rates ease
- By: Malcolm Morrison
- November 18, 2011 November 18, 2011
- 16:50
Pressure on European rates ease
Increased access to the lucrative Gulf market will help buoy West Texas Intermediate prices
Corporate earnings have surprised on the upside, yet more than half of companies have failed to beat expectations
Bank of Canada gains flexibility on interest rates
Five of 10 components rise
Commodities rise amid European debt fears
TSX, Dow post triple-digit losses
Canadian investors reduce holdings of foreign bonds
Strong rebound in Japan drives increase
European bourses tumble
Oil crosses US$100 mark to five month high
Disposable income would rise by $7,500 a year if Canada had matched U.S. productivity gains
The yield on Italy’s benchmark 10-year bond jumps back above the 7% mark
The eurozone remains the least popular region
The unemployment rate for the OECD economies was unchanged at 8.2% in September
Ten of 21 industries up
Bond markets skeptical that Italy can get a grip on its huge debt
Leading indicators point more strongly to slowdowns in all major economies
Traders look to inflation, retail data
Commodities rise as market fears over Italy, Greece ease
Austerity programs in Europe have weakened economic activity, exacerbating debt problems
Commodities rise as market fears over Italy, Greece ease
If the economy performs exactly as private sector economists expect, Ottawa will have $12 billion to add to the bottom line