ECB, Bank of England, Bank of Canada, likely to push interest rates still higher
Economic growth and inflation in Canada in the first half of this year have been stronger than expected. the Bank of Canada said today in its July update to its monetary policy report.Final domestic demand has remained the key driver of economic growth in Canada, bolstered by firm commodity prices. The central bank said economy […]
The high-flying dollar is expected to diminish Canada’s economic growth over the remainder of this year, according to the Conference Board’s Canadian Outlook – Summer 2007.“The surge in the Canadian dollar during the second quarter of 2007 exceeded anything we have seen recently, and it put additional strain on manufacturers and exporters,” said Pedro Antunes, […]
S&P/TSX composite to hit 15,000 by year end
Managers bearish on bonds
M&A activity to continue cooling and earnings downgrades to intensify as U.S. economic growth slows
The Securities Industry and Financial Markets Association’s Economic Advisory Roundtable predicts that the pace of U.S. economic growth will accelerate through the balance of this year and into 2008.The median forecast anticipates below-trend GDP growth of 2.2% in 2007, increasing to 2.8% in 2008 as the economy works through the housing sector correction. Additionally, the […]
U.S. economic growth expected to rise after a disappointing first quarter
Investors should expect greater volatility in financial markets
Large proportion of deals financed with borrowed cash