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Daily Archives: April 18, 2018
Financial stress spreading in Canada’s most populous areas
While affirming a tightening bias, The Bank of Canada blinked again today, opting to not raise its overnight rate for the second time in two months, noting the Canadian economy was slightly weaker than the bank had expected in the … Continue reading
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Seasonality and greenback/loonie cycles
The loonie has rebounded 2.7% against the greenback so far in April, leading some to predict that another up-cycle for commodities, Canadian equities and the C$ has begun. But, the loonie has climbed with oil prices in 8 of the … Continue reading
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Diesel-gate fraud still in motion
Overnight there is news that German prosecutors conducted a large-scale raid on several premises of Volkswagen’s sports car maker Porsche, as part of an investigation connected to the diesel-emission scandal. While reports say that authorities are probing three employees of … Continue reading
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