The all-items Canadian CPI rose 0.4% in April, matching the increase in each of the previous three months, though slightly stronger than the 0.3% expected by markets going into the report. The monthly rise was modestly stronger than the 0.3% gain recorded in April 2011, resulting in the year-over-year rate
Canadian Consumer Prices Rose 0.4% on a Monthly Basis in April With Core Prices Posting a …
May - 18 - 2012
Canadian Consumer Prices Rose 0.4% on a Monthly Basis in April With Core Prices Posting a …
May - 18 - 2012
The all-items Canadian CPI rose 0.4% in April, matching the increase in each of the previous three months, though slightly stronger than the 0.3% expected by markets going into the report. The monthly rise was modestly stronger than the 0.3% gain recorded in April 2011, resulting in the year-over-year rate
Canadian Consumer Prices Rose 0.4% on a Monthly Basis in April With Core Prices Posting a …
May - 18 - 2012
The all-items Canadian CPI rose 0.4% in April, matching the increase in each of the previous three months, though slightly stronger than the 0.3% expected by markets going into the report. The monthly rise was modestly stronger than the 0.3% gain recorded in April 2011, resulting in the year-over-year rate
Signs that Bearish Sentiment May be Wearing a Bit Thin
May - 18 - 2012
The Facebook IPO today has temporarily knocked Europe from the headlines as the world’s eyes are focused on the Nasdaq at 1430 GMT/ 0930 ET when Facebook will start trading for the first time. CNBC anchors have been wearing honorary hoodies to mark the occasion so it must be big.
Signs that Bearish Sentiment May be Wearing a Bit Thin
May - 18 - 2012
The Facebook IPO today has temporarily knocked Europe from the headlines as the world’s eyes are focused on the Nasdaq at 1430 GMT/ 0930 ET when Facebook will start trading for the first time. CNBC anchors have been wearing honorary hoodies to mark the occasion so it must be big.
USDJPY: Further Weakness Envisaged
May - 18 - 2012
USDJPY: With USDJPY breaking below the 79.42 level, the risk is for it to decline further. This now sets the stage for a run at the 79.00 level. A decisive cut through here will allow for more weakness towards the 78.18/27 levels. Its daily RSI is bearish and pointing lower
FX Thoughts for the Day
May - 18 - 2012
Contrary to our expectation, the Pound has risen back above 1.5800 and it will have to be seen whether it can sustain above 1.5800 or not. The 200-DMA is currently at 1.5821 and a strong break/close above this level would ease the downside pressure a bit. On the other hand
FX Thoughts for the Day
May - 18 - 2012
Contrary to our expectation, the Pound has risen back above 1.5800 and it will have to be seen whether it can sustain above 1.5800 or not. The 200-DMA is currently at 1.5821 and a strong break/close above this level would ease the downside pressure a bit. On the other hand