North American markets are likely to rally Tuesday morning ahead of the U.S. Federal Reserves decision on interest rates as oil prices retreat.The Fed’s announcement…
Loonie hits 13-year high, closes at 85.57 U.S. cents
U.S. treasury note gains quarter point
Growing demand for derivatives as hedges
Aims to focus on core research and ratings business
Final bids due this week
American dollar rises against the euro
Foreign investment in Canada rises to $3.3 billion
Germany’s DAX index dips on uncertain election results
Gold at US$463.30 an ounce, highest close in 17 years
In Canada, wholesale trade, retail sales and CPI figures due out
Futures hit US$464 in opening minutes of trading
Average household debt is rising faster than incomes
Spiralling health care costs to keep pressure on provincial and federal governments
National Bank Financial report bucks conventional wisdom
Foreign central banks buy 50% fewer securities
Still at second-highest level in history
European indexes, U.S. futures rise
Higher gasoline prices cited
Cites province’s September Budget Update
Transition to begin in 2006, board says
Gold soars by US$5.60 an ounce
CSFB/Tremont Hedge Fund Index up 0.88%
Agree to work to improve market co-operation
Sharp upturn in inflation