Wednesday close: Mining stocks provide lift to TSX
New York indices rise as Fed’s Beige Book indicates the recovery is spreading
- By: Malcolm Morrison
- January 13, 2010 January 13, 2010
- 16:45
New York indices rise as Fed’s Beige Book indicates the recovery is spreading
Aging population will mean lower economic growth potential, smaller tax revenues
N.Y. futures point to weak open
N.Y. lower as U.S. trade deficit jumps
Hefty U.S. deficit will put pressure on U.S. bonds, Shenfeld says
Low interest rates and a renewed cyclical widening of the U.S. current account deficit should push the currency lower
Imports jump 3.9%
Year-over-year prices down 1.4%
China moves to tighten credit
No new spending announcements in upcoming budget
Current hot market based on temporary factors
N.Y. mainly up ahead of Alcoa earnings
Currency fluctuations are not likely to be as dramatic as they were in 2009
Default rate dips in fourth quarter
Still better than a year ago: StatsCan
Loans more readily available, Bank of Canada says
Loonie advances to three-month high
Solid increases in both single and multiple starts
Investors grow confident that trend shows improving economy
Delinquency rates rise
TSX up 1.76% on the week
Jobs data misses expectations
Unemployment rate unchanged at 8.5%: StatsCan