Monday wrap: TSX surges 170 points
Loonie rises ahead of rate decision
- By: Megan Harman
- July 20, 2009 July 20, 2009
- 15:50
Loonie rises ahead of rate decision
UBS Securities Canada Inc. says that it now expects TSX earnings to rebound by 40% next year, on higher commodity prices.The firm raised its oil…
Canadian dump foreign stocks
Monthly decline less than expected
Second-quarter earnings season in full swing
Benchmark index up 6.3% on the week
Dollar dips on inflation report
Lower gasoline prices offset higher prices for food
J.P. Morgan earnings boost U.S. markets
The financial and economic outlook had continued to improve since the last interest-rate announcement
Stability in the financial services sector has improved significantly in recent months
Expectations index dips slightly
Nexen profit plunges
U.S. markets rally
Markets are far too fixated on the slow, halting, return to growth scenario
The Organization for Economic Development and Cooperation reports that trade flows continued to plunge in the first quarter of 2009.The OECD said that G7 exports…
Natural gas fundamentals point to a recovery in 2010
Sales drop in 17 of 21 manufacturing industries
Conditions remain weak globally for consumers
Manufacturing sales drop 6% in May: StatsCan
U.S. markets post modest gains
50% don’t know TSX has performed well over the past five months
Higher truck sales lead to overall increase
U.S. retail sales rise for second straight month