10 Second Headlines

03-Dec-2010

Canada’s November Jobless Rate Falls + Jobless rate 7.6% versus 7.9% in October and employment rose by 15,200 (forecast approx 20,000). + Healthcare and social assistance led the job gain at 28,400, while 40,400… Read More

26-Nov-2010

Canada’s National Securities Commission + Alberta Finance Minister Ted Morton said “It would make more sense for Saskatchewan and Alberta to have a single commission….between oil and gas, mining, agriculture and forestry, we have… Read More

19-Nov-2010

China + China increased bank reserve requirements by 50 bps, 5th increase this year. + China may impose temporary price controls on daily necessities to counter the fastest inflation in 2 years. Food prices… Read More

12-Nov-2010

Quote of the Week: Dallas Fed President Fisher – “The US does not suffer from a lack of low interest rates. Nor does it suffer from a lack of liquidity. What it suffers from… Read More

05-Nov-2010

Preparation for G20 Summit – Seoul, Korea, November 11-12th China: + China “understands the Fed’s QE2 policy from the angle that it wants to revive the US economy and increase employment. But the problem… Read More

29-Oct-2010

Wednesday, November 3rd US election will be history. Federal Reserve announcement, market is looking for Quantitative Easing of $500 billion to $4 trillion (buying assets to provide liquidity and keep interest rates low). GDP… Read More

22-Oct-2010

Quantitative Easing China (QEC) + China is buying Greek bonds, and that has driven yields down to under 9% from over 12%. They are also buying other European bonds and assets in strategic industries… Read More

15-Oct-2010

US + A Chinese economist stated that the US is deliberately devaluing the dollar, creating a bad precedent for the rest of the world. + Ben Bernanke said today that high unemployment and low… Read More

08-Oct-2010

Japan – Recommitted to stimulating their economy + Bank of Japan announced a $60 billion US quantitative easing program allowing them to purchase commercial paper and more importantly REIT’s. + Government approved $61 billion… Read More

01-Oct-2010

Canada + Consumer Confidence Index fell to 78.1 in September vs. 79.3 in August, this was the fourth consecutive decline. + Help-wanted index jumped 8% in August, increasing in 5 of 8 months this… Read More