Archive for August, 2008

Yen Trades Best Ahead of Holiday - Will Oil’s Impact Start to Wane

Yen Trades Best Ahead of Holiday - Will Oil’s Impact Start to WaneOvernight Wire Oil hits $117 in Asia as Gustav lumbers towards Gulf of Mexico FT story : Russia could curtail oil as response to criticism of Georgia campaign Equities up modestly ahead of North America open Japan announces stimulus package of $10 Trillion […]


Canada Monetary Policy Monitor

Canada Monetary Policy Monitor
HIGHLIGHTS
With the Canadian economy unambiguously weak, and recent inflation starting to show some indications of moderation, there is indisputably an argument for the Bank of Canada to cut rates on September 3. However, there are a few reasons why the Bank of Canada is more likely to leaves rates unchanged than to […]


U.S. Session Buzz: Ahead of the U.S. Holiday

U.S. Session Buzz: Ahead of the U.S. Holiday
Current Futures: Dow -19.00, S&P -2.20, Nasdaq -1.25
The U.S. labor Day weekend on Monday will likely create a slow afternoon trading session today, after 11:00 EDT most trade desks will be placed with whatever they need, and will be looking for just one thing; the […]