TSX sinks to six month low
TSX-V plunges more than 7%
- By: Rudy Mezzetta
- June 13, 2006 June 13, 2006
- 16:10
TSX-V plunges more than 7%
Nearly half of managers surveyed expect the global economy to weaken over the next 12 months
Nesbitt proposes single North American securities market
Retail sales up slightly
Exchange forecasts heavy market activity during quarter end rebalancing of S&P/TSX composite
Stocks may extend yesterday’s declines into Tuesday. North American stocks dropped again Monday, as the falling commodity prices continued to waylay the Toronto market, and…
2006 gains wiped out
S&P/TSX down 10% from April high
The Bank for International Settlements (BIS) published its Quarterly Review today, reporting strong growth in debt issuance and derivatives trading.It reports that issuance of bonds…
Rates holding at near-record levels of capacity
Wall Street brokerages kick off earnings parade
The yield differential between the U.S. and Canada could start to put some pressure on the loonie, report says
But Canadian dollar surges
Province’s employment up 4.7%, urban housing starts up 17%, both well above the national average
Strong economic growth continues in these emerging powers
Although most juniors and trusts experienced declines, there was still some money to be made
Exports of automotive products drop 8.4%
Jobless rate falls to 31-year low
Canadian jobless rate slips to 6.1%
But market recovered from a triple-digit intraday loss
Strong foreign demand for Canadian goods and U.S. dollar weakness at the heart of the sharp appreciation
More rate hikes may be on the way as the ECB considered a 50 bps move
A long-standing gap between capital investment per worker in the U.S. and in Canada has widened further
Higher subsidies leads to lower rate of economic growth, study finds