BOC Preview – Policy Rate will Stay Unchanged. But for How Long?
Although the Fed and ECB have resumed monetary easing, BOC is not expected to follow suit. This is also the key reason for the recent strength in Canadian dollar. At the meeting next week, we expect the central bank to...
Europe’s largest lender HSBC says pre-tax profits dropped 18% year over year
HSBC tower at Canary Wharf financial district in London, England Mike Kemp | In Pictures | Getty Images Europe’s largest lender HSBC reported third-quarter pre-tax profits that fell from a year ago, despite strength in its Asia operations. The bank...
Country risk: Barbados and Jamaica offer alternatives to South American turmoil
Calmer waters may encourage investors to take a dip in the Caribbean Euromoney’s latest country risk survey signalled a positive mood shift towards Caribbean sovereign borrowers in the third quarter of 2019, with upgraded risk scores for Antigua & Barbuda, Dominica, Dominican...
How AT&T, Disney and Comcast are handling the move from pay TV to streaming
Bob Iger, CEO, The Walt Disney Company Scott Mlyn | CNBC It might seem like media companies are finally embracing the future as nearly every major programmer is launching a streaming service. But examining the streaming products of AT&T’s WarnerMedia,...
Dollar and Loonie Strengthened as USD/CAD Presses 1.3 ahead of Fed and BoC
Canadian and US Dollars ended last week as the strongest ones. It now appears that US and China are on track to complete the easier phase 1 trade deal in November. Optimism lifted stocks as well as oil prices, which...
Egypt hopes to secure new IMF agreement by March, says finance minister
Egypt hopes to agree on a new IMF funding package by the end of March, and is on track to implement the structural reforms still needed to attract foreign investment, its minister of finance Mohamed Maait tells Euromoney. During informal...
How Jon Najarian got started in options trading and where he sees opportunities
Jon Najarian Scott Mlyn | CNBC (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, .) Options trading can be tough but they can give investors’ strategies an...
Weekly Economic and Financial Commentary: When The Upside Is Down, Scale Back Expectations
U.S. Review Looking Back at a Soft Q3 Sales of existing homes fell 2.2% to a 5.38 million-unit pace in September, but sales and prices were still up enough in the quarter that they will add solidly to Q3 GDP...
The Weekly Bottom Line: Liberals Return to Ottawa with a Minority Parliament
U.S. Highlights U.S. markets were in the black this week with limited economic news to digest. There was plenty of action across the pond, with an ECB rate decision and more drama on Brexit. The U.S. data was second tier,...
Forward Guidance: Central Bank Divergence Continues
Next week is a busy one. Both the Bank of Canada and US Federal Reserve will make policy announcements. Key GDP figures for Canada and the US are due, as well as jobs numbers for the latter. In politics, the...
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