China slowdown adds to headwinds facing Canadian recovery
Lower demand in China will likely trim demand for Canadian commodities
- By: The Canadian Press
- October 18, 2011 October 18, 2011
- 13:10
Lower demand in China will likely trim demand for Canadian commodities
‘Lower for longer’ interest rates scenario curbs demand for lifeco products, and reduces earnings, book value, and returns
Goldman Sachs delivers a much bigger than expected loss
Financial stocks drop following warning from Sun Life
Weakening economy means central bank won’t make a move on interest rates anytime soon
Finance minister warns words no longer sufficient
European bourses mixed after stocks advance in Asia
Investors likely to move Europe to back burner
Loonie lifted by sharp increase in manufacturing sales
Manufacturing sales rise in August
Coming out of the past recession, many Canadian businesses took deliberate steps to mitigate their risk
Traders look to U.S. economic data, G20 meeting
Chinese data, U.S. bank earnings weigh on markets
But revisions point to healthier economy
Look at stocks in the health care, telecommunications, utilities and consumer staples sectors
Loonie moves lower on soft Chinese data
EU announces new measures to fight debt crisis
Governments in strong fiscal shape
EU to announce new measures to fight debt crisis
It remains to be seen how markets react to Slovakia’s rejection late Tuesday of the European emergency bailout fund
TD reports warns that seniors risk over-extending themselves
Energy sector jumps as oil prices rise
Consensus appears to be that the risks-rewards trade-off for any further monetary policy actions is largely unfavorable to the Fed