U.S. economy grows at 2.9% pace in spring, a drop of 2.7% from winter
But real GDP growth exceeded advance estimates of 2.5% growth issued in July
- By: IE Staff
- August 30, 2006 August 30, 2006
- 09:39
But real GDP growth exceeded advance estimates of 2.5% growth issued in July
12-month change in July’s IPPI is almost double the year-over-over increase in June
Real GDP in Q2 slightly weaker than anticipated
Industrial prices rise sharply in July
U.S. markets down on Fed revelations that more rate hikes may be needed
But further interest rates may be necessary to bring inflation down more rapidly, they noted
Stresses that ministers should be considering the capital markets to deal with emissions trading
But it continues to adjust to major global developments
August see the largest one-month decline in confidence since hurricane Katrina
Decline was due to decreases in Ontario, Quebec and B.C.
Oil prices rise amid Iran tensions
And losses in energy sector drive up U.S. markets
Investors greatly concerned about gas prices, unsettled geopolitical climate
Metal, minerals and oil and gas bring index back to just below its all-time record
Oil prices retreat
But Canada is expected to escape unscathed because of its status of net exporter of natural resources
U.S. jobs report due Friday
Financials retreat on profit-taking
Improvements in market liquidity has contributed to the decline, says BIS paper
But warns that geopolitical concerns may slow down the pace of global economic integration
Oil prices rise on tropical storm fears
Financial sector falls as well despite TD Bank’s strong quarterly earnings
Results due to higher tax revenue, lower expenses
Latest SPIVA scorecard shows only 48.4% of Canadian small-cap funds beat the index
Percentage decline the largest since February