Monday outlook: Stock markets head for lower open as Japanese economic growth stalls
Chinese growth slows
- By: Malcolm Morrison
- August 16, 2010 August 16, 2010
- 07:40
Chinese growth slows
Investors ponder slowing economy ahead of inflation report
TSX down 2.3% for the week
Exporters reap the benefits of a recovery in global demand
U.S. Commerce Department reports that retail sales grew by 0.4% in July
U.S. employers still cutting jobs
Canada’s stimulus plan has only added 1% to gross domestic output
Cisco earnings disappoint
Exports to U.S. drop 1%
TSX base metals sector drops more than 4%
Edward Jones analyst sees attractive long-term opportunities
Commodity prices retreat
Third consecutive month of declines
Performance of labour market in the coming months will be a key factor
Loonie lower on falling commodity prices
U.S. interest rates hold steady
Apart from financials and utilities every other sector is recording positive earnings surprises
Slowing Chinese imports pull commodity prices down
U.S. rate decision set for Tuesday
Commodities prices move higher
Federal government must engage in another round of fiscal stimulus
Harper rules out recession speculation, second stimulus after job losses
CI earnings coming Wednesday
Jobs data falls short
Canadian, U.S. jobs data misses expectations