TSX closes higher despite Trump’s “America first” pledge... Inflation higher but still below BoC target... Retail sales up again in November... Amaya revises profit forecast after strong end to 2016...
It means lower costs for immigrants sending money home, but is also a weakness that could assist drug traffickers and terrorists and now money transfers are harder to come by.
The Argentine government announced late yesterday that the country’s Economy Minister will be in New York today, heading a team that is hoping to settle the long running dispute over hedge fund debts.
The better-than-expected jobs data last Thursday saw the Dow Jones index break through the 17,000 mark, the latest in a trend of highs for US stocks.
The dollar continues its strong position this morning following a recent upward trend.
It’s of concern to authorities in the US as an increasing number of our biggest companies are looking to sidestep domestic tax rates by moving their tax base to lower-tax jurisdictions.
The latest export figures show a larger-than-expected 3.5 per cent growth in May, a sign that the economy is improving.
Mutual funds, frequently the favored route for retail investors have seen their greatest net outflows in six months.
It’s generally quieter today as the New York Stock Exchange is closed for Independence Day, but following yesterday’s positive jobs data from the Labor Department and reassurances of cheap money from the European bank, the world’s markets have been on a high.
Canada is not alone in being at risk of a housing bubble.
Analysts believe there is still more to come from US stocks, already at near record levels.