Thursday, December 23, 2010

Shifting Drivers of Canadian Economic Growth

When we last wrote about the Canadian economy  in October, we warned of a slowing pace of expansion and posited that full year growth for 2010 would come in at about 3.0 percent and 2011 would see somewhat slower economic growth of about 2.5 percent....
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Tuesday, December 21, 2010

Daily World Market Update : Moody's puts Portugal's rating on review for possible downgrade

It was a bit of a dead day yesterday, frozen by the cold, and there were little important releases which would affect the exchange rates. Today in the UK we are seeing November’s public finance figures which could show that the government are no longer...
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The Nightmare Before Christmas - Weekly Market Update

Whoever was dreaming of a white Christmas certainly would not have anticipated the nightmare that the UK has become over the weekend. Apart from icy roads and halted flights it has been the retailers who are panicking about how the snow fall will affect...
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Monday, December 20, 2010

OECD forecasts: a weak 2011, awaiting a better 2012

In itsWorld Economic Outlook for November, the Organization for Economic Cooperation and Development (OECD) downgraded its forecasts for 2011. Growth in 2011 will be 4.2%thanks to the strength of emerging economies but recovery...
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Market Outlook 2011

After falling into the hell of the Great Recession of 2008-2009, the year 2010 offered well-grounded hopes of recovery. Unlike the Florentine poet, the world economy did not descend through Dante’s nine circles of hell but rather decisive action...
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