TSX rises slightly
Canadian dollar continues upward climb
- By: Rudy Mezzetta
- May 1, 2006 May 1, 2006
- 16:03
Canadian dollar continues upward climb
Crude prices to reach US$90 per barrel next year
Price of gold to hit US$800 as well
Higher prices for gasoline and fuel oils
Earnings season continues
Canadian dollar hits highest trading level in 28 years
Most are still adhering to some common myths and misconceptions
But inflation expectation rises
Microsoft earnings fail to beat forecasts
Chinese interest rake hike at the cause of commodities, market downturn
Firm expects another 25-bps rise before an extended break
But economic growth will moderate as year progresses
Growth, inflation expected to remain steady through 2008
The economy is also sure to benefit from the Conservatives’ proposed deferral
Growth expected to be sustained through 2006 - Ernst & Young report
Investors await remarks from Fed chief, BoC governor
Seven of 10 sub-groups rise, but energy drops back
Of 12 districts, New York the only one seen to be slipping
The exchange is currently engaged in discussions with significant industry participants
Increase comes on the back of the four asset classes that made up almost 80% of all new transactions
New standards will have higher financial and liquidity requirements than any other market in the world
Feds also release ways to access the federal budget via Web, phone and print
Rate of growth the largest in 13 years
EnCana boosts dividend