The week ahead: Fed rate announcement coming Wednesday
CI earnings on deck
- By: IE Staff
- August 9, 2009 August 9, 2009
- 18:54
CI earnings on deck
U.S. stocks also rise on positive jobs data south of the border
Clearer signals of troughs have emerged in Canada, Germany, Britain and the U.S.
Job losses worse than expected in Canada while unemployment rate falls in the U.S.
Moody’s predicts that the U.S. speculative-grade default rate will peak at 12.7% in the fourth quarter
Manulife’s announcement that it would halve its dividend did not sit well with investors
But the BoE signalled it is still concerned that the economy does not yet have enough stimulus in the pipeline
Positive economic news and rising markets drive improved consumer confidence
Alberta and B.C. see the greatest growth in delinquency rates, although they are still lower than the national average
But quarterly earnings reports may temper those gains
U.S. markets finish lower following the release of disappointing jobs data
Interest found not to be deductible as taxpayer did not take proper formal steps to achieve the substitution
Most private pension plans in Canada are “in a relatively strong position, considering the poor equity market performance and falling interest rates that have affected…
The results of the CFIB’s July poll reveal that small businesses remain in defensive mode
Rise is expected to pause until key economic data is revealed later this week
Promising economic news also helped the major U.S. stock markets continue to climb on Tuesday
Global insurance and asset-management firms' recent gains could be short-lived if market conditions deteriorate
Survey reveals that Canadians have the second-highest percentage of savers, next only to Austria
More than half of the participating firms see the economic stimulus package proving to be ineffective
But prices rose in June, driven by volatility in oil prices
But U.S. stock markets could retrench after hitting highs on Monday
SEC settles with Bank of America over Merrill bonuses
Manulife, Great-West Lifeco earnings on deck
Recovery will boost Q3 economic activity
Energy and manufacturing sectors were the main contributors to the decline