Canadian Dollar Weakens as Stocks Decline on Aversion to Risk
Businessweek
Canadian government bonds rose, with the yield on the benchmark 10-year note declining to the lowest level in almost two months. The so-called loonie pared monthly and quarterly gains as a stress test showed Spain's banks have a combined capital ...
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Canada Stocks Decline Amid Disappointing US Economic Reports
Businessweek
Canadian stocks fell for the sixth time in seven days as data showed U.S. business activity unexpectedly contracted for the first time in three years and investors awaited stress test results for Spain's banks. The Bank of Nova Scotia and Royal Bank of ...
CANADA STOCKS-TSX halts 5-day skid, underpinned by China, Spain
Reuters
The miner was followed by the Bank of Nova Scotia, which advanced 1.24 percent, to end at C$54.75, and Royal Bank of Canada , which was up 0.93 percent at C$56.69. Gold and copper prices climbed higher on hopes of additional monetary stimulus from ...
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Central banks expanding their reach
Toronto Star
We're at the dawn of a revolution in central banking, in which the likes of the Bank of Canada, the U.S. Federal Reserve Board, and eventually the European Central Bank (ECB) will exert more influence over the global economy than government, business ...
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