Surging Pending Home Sales Revive Hope for the Bottom
GM and Financial Institutions Grab the U.S Attention While Surging Pending Home Sales Revive Hope for the Bottom
A day that started as quiet and rather calm has tasted the sweet and sour twist of the ongoing volatility in markets. The U.S markets today were waiting for pending sales of existing homes which did indeed enter […]
USD Extends Rally, US Retail Sales Worse than Expected
USD Extends Rally, US Retail Sales Worse than ExpectedUSD: Higher, supported by a spike in risk aversion as weak US retail sales dampens risk appetiteJPY: Mixed, FT says US could lose AAA debt rating, BBC says opposition party may not buy US treasuriesEUR: Lower, EU industrial output falls at a record pace, ECB may increase […]
Automakers see Canadian sales fall 17.8%
Automakers are reporting a drop of 17.8 per cent in Canadian sales for April compared with a year ago, with only a handful of foreign companies posting gains.
All of the Big Three suffered declines, led by Chrysler Canada, which saw sales plunge by 36.8 per cent to 15,242 units, according to a tally released Friday […]