Opening bell: Stocks may rebound
Stelco reports narrower loss
- By: IE Staff
- May 1, 2007 May 1, 2007
- 07:30
Stelco reports narrower loss
But Canadian dollar closes at the highest level in eight months on strong GDP news
Purchase of the world’s largest equity options exchange would create the biggest transatlantic derivatives exchange
Dealers representing over 95% of Canadian equity trading volume have signed up to participate in this weekend’s tests
Focus remains on traditional North American customers, not expanding globally, says Scotiabank economist
Oil prices dip
On Monday, Statistics Canada reports on the gross domestic product in February. Economists expect a 0.2-per-cent increase.On Tuesday, StatsCan reports on industrial product and raw…
BMO falls almost 2% following news it has lost as much as $450 million on natural gas trading
Swedish group plans to use purchase as a benchmark to enter other emerging capital markets
U.S. GDP growth slows in first quarter
The Bank of Canada suggests that the Canadian economy was operating just above its production capacity in Q1
But U.S. markets continue upward trend on strong corporate earnings news
Bank of England report says corporate lending has increased the vulnerability of the system as a whole
Comments for the development of a common platform for Eurosystem collateral management will also be welcomed
North American stocks look likely to extend their gains Thursday, with Apple’s surprisingly strong profit and Ford Motor’s much smaller-than-forecast loss buoying sentiment.Apple reported an…
Earnings boost Dow above 13,000
Lower projected short rates suggest the possibility of a Fed rate cut at some point during the next two quarters
Consumer prices remain stable: beige book
Repeal of the foreign investment limit has helped spark the globalization of Canada’s bond market
Canada’s GDP eases to 2.7%, StatsCan says
Demand for U.S. durable goods rose during March in a broad-based increase that was better than expected, and a gauge of spending by businesses rebounded.Meanwhile,…
U.S. durable goods orders rise
U.S. markets finish mixed
Overnight rate remains at 4.25%
Export growth, business spending remain solid