Search Results for: performance

Market Action

September 16, 2013

The Yellen – Summers race is over: Summers said that the storm around his possible nomination pointed to a difficult confirmation process that could hurt the President’s economic agenda and the institution, and decided to …

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Market Action

September 13, 2013

There is a continuous stream of tapering chatter! U.S. stocks rose, with the Dow Jones Industrial Average capping its best week since January, as disappointing economic data fueled bets that any Federal Reserve stimulus cuts …

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Market Action

September 12, 2013

In the latest installment of Fed Governorship chatter, Bloomberg has released a poll of its subscribers, which can be taken as a reasonable proxy for ‘the market’: Thirty-five percent of investors, analysts and traders who …

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Market Action

September 11, 2013

The revolving door revolved again: The former chief of staff to federal finance minister Jim Flaherty has left Ottawa to take on a new role at the Bank of Nova Scotia. Kevin McCarthy will become …

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Market Action

September 10, 2013

Jayson Horner, chief executive officer, president, and co-founder of CanDeal, writes a piece in the Globe on electronic bond trading: As regulators seek to enact change, they must balance their transparency objectives with the needs …

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Market Action

September 9, 2013

Tapering chatter continues…: [PNC Financial Services Group chief economist Stuart] Hoffman’s forecast is in line with the median estimate in a Bloomberg survey of 34 economists after yesterday’s jobs report showing the Fed is likely …

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Market Action

September 6, 2013

The US jobs number was a fizzle: Treasuries rose, pushing 10-year note yields down by the most in 10 months, as the economy added fewer jobs than forecast in August, damping speculation the Federal Reserve …

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Market Action

September 5, 2013

Wow! Not a nice day to own Treasuries: Benchmark 10-year yields rose eight basis points, or 0.08 percentage point, to 2.98 percent at 1:49 p.m. New York time, the highest level since July 28, 2011, …

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Market Action

September 4, 2013

For all the tapering talk, Canadian policy rates aren’t changing any time soon: he Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank …

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