Monday wrap: TSX suffers triple-digit drop led by metals, mining stocks
Investors remain uncertain about the direction of the U.S. economy
- By: David Friend
- July 5, 2010 July 5, 2010
- 15:52
Investors remain uncertain about the direction of the U.S. economy
Despite Gulf of Mexico spill, there remains an oversupply of crude in the U.S.
U.S. markets take a holiday
Canadian jobs report due Friday
Deleveraging in the private sector slowing growth
Interest rates remain a major issue
Gold stocks slide 4.7%
TSX re-opens following the Canada Day holiday
Unemployment rate dips to 9.5%
Scope for policy misjudgements is high
Changed conditions will create tough new challenges for governments
Economy enters new, flatter phase
Canada outranks all other countries except U.S. in global index additions
N.Y. falls as job creation disappoints
Commodity prices stabilize following sharp losses
Economies of commodity-producing countries should continue to benefit from the global recovery
Loonie under pressure
Survey finds concerns about job security
Housing market shows clear signs of moderation
Drop in dollar boosts industrial prices
U.S. futures down sharply
U.S. markets finish flat
Uncertainty clouds China’s pledge to allow its currency to appreciate
Leaders agree on the need for financial regulatory reform, but are far from settled on what is required
G20 nations pledge to cut deficits, commodities fall