Thursday outlook: Stock futures lower ahead of key U.S. data on unemployment, manufacturing
RIM earnings on deck
- By: Kristine Owram
- September 16, 2010 September 16, 2010
- 07:39
RIM earnings on deck
Twelve of 21 industries drop as
Japan’s move to lower yen hits commodities
Fresh evidence that the economies in both Canada and the U.S. are moving forward
Source: The Canadian PressThe Toronto stock market was poised to open lower Wednesday after Canadian manufacturing sales data came in much weaker than expected.Manufacturing sales…
New York markets mixed
Output moderated primarily by a decline in services industries
Gold price jumps
TSX financial sector up 1.3%
Revenues from capital markets operations were halved during fiscal Q3
Country urged to carry on with structural policy reforms that can boost the economy’s potential rate of growth
Oil prices rise
Central bank governor highlights “unusual uncertainty,” downside risks to recovery
Latest BoC announcement hinted that tightening campaign will continue
October crude contract surges
Jobless rate unlikely to break below 8% on a sustained basis
Bank calls for Canadian GDP growth of 3.3% in 2010
Price of oil jumps on indications of rising demand
StatsCan reports that 35,800 new jobs were created in August
Price of gold slips US$6.60 to US$1,250.90 an ounce
Strong dollar hampers exports, boosts imports
Canadian economy expected to grow by 2.3% in Q4
U.S. Labor Department report beats expectations
New home prices retreat
Real estate and construction display weakness