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Canada’s Q1 growth tops 6%

posted by chezka 726 days ago in CAD, GDP, Inflation

Canada’s economy grew at its fastest pace in a decade in the first quarter, beating forecasts and boosting the chances the Bank of Canada will raise interest rates on Tuesday.

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Canada economic recovery zooms

posted by jonell 726 days ago in CAD, GDP, Inflation

Canada’s economy expanded at the fastest clip in more than a decade in the first quarter, fuelling expectations that the Bank of Canada will today become the first G7 country to raise interest rates since the start of the recession.

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Which Way Sugar Prices Will Go?

posted by commodityblog 726 days ago in Fundamental, Yearly, Agriculture made popular 726 days ago

Sugar prices declined, but some analysts expect the rebound. Bears point out on signs of increasing supply.

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Gold: It's not too late to join the party

posted by jasumine 726 days ago in USD, Gold made popular 726 days ago

In the Spring of 2009 I had the privilege of being invited to write a piece on gold for the publication of my friend, Dr. Marc Faber. In it, I articulated an unequivocally bullish outlook on gold, which was then trading at US$800 or so per ounce.

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Oil edges up

posted by Binsonu 726 days ago in EUR, Oil made popular 726 days ago

Oil prices edged higher in Asian trade Monday as the dollar weakened against the euro, spurring investor demand for crude futures, analysts said.

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Defending the Euro Is More Than an Economic Issue

posted by megumi 726 days ago in EUR made popular 726 days ago

Bill Clinton won the presidential election in 1992 with the motto “It’s the economy, stupid.” But when it comes to the future of the euro, “It’s the politics, stupid” is the more appropriate slogan. Since its inception, the euro has always been a

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Euro insurers face bond yield, growth risks

posted by sora 726 days ago in EUR made popular 726 days ago

Low government bond yields, tepid economic growth and big loss claims pose risks for euro area insurance companies despite their improved performance, the European Central Bank said on Monday.

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Oil prices aren't the effect of the recession

posted by fahrell 726 days ago in USD, Oil made popular 726 days ago

When global credit evaporated in the wake of the 2008 subprime mortgage crisis, oil prices tumbled along with the values of the world’s stock markets. Seemingly overnight the price of a barrel of oil plunged from an all-time high of $147 (U.S.) a

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Gold and Silver Bull Market Progress Report

posted by mateo 726 days ago in USD, Gold, Metals made popular 726 days ago

The debate currently taking place between gold bulls and gold bears is whether or not the central banks of the world are adding to the money supply of the world, or if money supply is contracting.

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Canadian Dollar Makes Modest Gains

posted by vhinz316 726 days ago in CAD, Oil made popular 726 days ago

The Canadian dollar continued to make modest gains verses the US dollar midday Monday. The Canadian currency's strength was tied to a strong Canadian equity market, rising crude oil prices, and an expected increase in interest rates from the Bank

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German inflation picks up to 1.2 percent in May

posted by chezka 730 days ago in EUR, Inflation made popular 730 days ago

German inflation accelerated in May owing to a pickup in the cost of energy, official figures showed Thursday. Inflation in the biggest European economy was put at 1.2 percent on an annualised basis, up from one percent in April, the Destatis sta

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Japan Core CPI Down 1.5% On Year In April

posted by Binsonu 730 days ago in JPY, Consumer made popular 730 days ago

Core consumer prices in Japan were down 1.5 percent in April, the Ministry of Internal Affairs and Communications said in a preliminary report on Friday, falling for the 14th consecutive month.

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