Returns in Canada’s bond market exceeded the rest of the world in 2010, gaining the most in five years, and may outperform again this year amid record foreign purchases of the nation’s fixed-income securities.
The Bank of America Merrill Lynch Canada Broad Market Index, which tracks 1,150 federal, provincial and corporate bonds with a par value [...]
Posts Tagged ‘Global Economy’
Canadian bonds beat world
January 8th, 2011 by Financial Writer
Tags: AIG, au, bank, bank of america, banking, banking system, ben, budget deficit, Canada, company, credit market, crisis, Debt, debt crisis, deficit, dollar, economist, economists, economy, energy, euro, euro zone, Europe, fed, federal government, glo, Global Economy, government, inflation, interest rate, interest rates, Invest, investment, investor, investors, lender, money, new york, oil, rate, recession, sales, us, weak economy
more...Carney, Volcker see long haul to recovery
November 20th, 2010 by Financial Writer
The world economy faces a long, hard slog toward recovery and could slide into deflation and financial instability if leaders fail to deliver on promises of reform, top policy markers said on Friday.
At a conference in Calgary, White House special adviser Paul Volcker warned it would likely take years for the American economy to [...]
Tags: au, bank, bank of china, bankers, banking, banking system, brazil, Canada, central bank, China, Chinese, deficit, dollar, economic, economic recovery, economy, economy grew, euro, Europe, exports, financial, g20, glo, global economic, Global Economy, government, india, monetary, policymakers, rate, recession, recessions, the dollar, united states, us, white house
China’s Stocks Decline on Inflation Concern, Commodity Prices
November 11th, 2010 by Financial Writer
China’s stocks fell the most in two weeks on slumping commodity prices and concern the government may step up measures to contain growth in housing and consumer prices after inflation accelerated to a two-year high last month.
Industrial and Commercial Bank of China Ltd. slid more than 2 percent after Bank of America Merrill Lynch Research [...]
Tags: Bank Inflation, bank of china, borrowers, consumers, financial system, Global Economy, inflation, lenders, loans, real estate, stock market
Markets Fall for a Second Day as the Dollar Improves
November 9th, 2010 by Financial Writer
Stocks were mostly lower on Tuesday for a second straight session as the dollar strengthened and oil prices declined in late trading, eroding earlier gains in the energy sector.
The Dow Jones industrial average fell 60.09 points, or 0.53 percent, to 11,346.75. The Standard & Poor’s 500-stock index declined 9.85 points, or 0.8 percent, to 1,213.40. [...]
Tags: commerce department, Dow Jones Industrial, economic indicators, economy recovery, Global Economy, loans, real estate investment, stock market
German Finance Minister Attacks Fed Move Again : Report
November 6th, 2010 by Financial Writer
BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble renewed his criticism of the U.S. Federal Reserve’s move to buy $600 billion worth of government bonds, saying it undermined U.S. credibility and created uncertainty, according to a German magazine.
“I have great doubts about whether it makes sense to pump unlimited amounts of money into the markets,” [...]
Tags: european economy, european union, financial sector, Global Economy, monetary, us economy, world economic
GLOBAL ECONOMY-Global anger swells at U.S. Fed actions
November 5th, 2010 by Financial Writer
* China tells U.S. trade targets smack of central planning
* German finance minister says Fed policy “clueless”
* China tells U.S. trade targets smack of central planning
* Merkel to address U.S. money policy at G20 summit
* Obama says U.S. global economic leadership at risk (Recasts first paragraph; adds comments by Brazil’s Meirelles, Fed’s Bernanke, details throughout)
By [...]
Tags: central bank, economic recovery, Global Economy, money, stock market, us economy, us stocks
Yuan Set for Weekly Rise on Speculation of More Foreign Pressure for Gains
November 4th, 2010 by Financial Writer
The yuan was set for its first weekly gain in three weeks on speculation foreign governments, notably the U.S., will step up calls for the currency to appreciate when leaders from the Group of 20 nations meet next week in Seoul.
The yuan advanced 0.19 percent yesterday after the Federal Reserve said on Nov. 3 that [...]
Tags: banks, businesses, Chinese economy, currency market, economic growth, economic recovery, Federal Reserve, Global Economy, us economic
ET in the classroom: Quantitative Easing II
November 1st, 2010 by Financial Writer
What is quantitative easing II?
The term became fashionable post the global economic crisis in 2008, following which most governments across the globe had to pump in huge amount of liquidity in the markets to tide over the crisis. Quantitative easing is the process of infusing money into the system by creating ‘new money’ and eventually [...]
Tags: central bank, economic crisis, economic recovery, economy recovery, Federal Reserve, financial system, Global Economy, stock prices, us economic, us stocks
Fed expected to make big bond buy; what will impact be?
October 28th, 2010 by Financial Writer
The Federal Reserve next week is expected to give the economy the equivalent of a B-12 shot.
But many economists question whether it will be enough to perk up a listless recovery. Others say it ultimately will lead to rampant inflation.
Based on its signals since August, the central bank Wednesday will likely announce a new round [...]
Tags: economic growth, economy recovery, financial markets, Global Economy, homeowners, inflation, interest rates, loans, money, mortgage lenders, stock market
Dollar Near One-Week High Versus Euro on Bets Fed Easing to Revive Growth
October 26th, 2010 by Financial Writer
The dollar rose to a one-week high against the euro amid speculation more debt purchases by the Federal Reserve will help revive economic growth.
Australia’s dollar fell for a second day after the nation’s consumer prices rose by less than some economists had forecast, damping prospects the central bank will raise interest rates next month. New [...]
Tags: australians, central bank, commerce department, consumers, economic growth, european central bank, Global Economy, us economic