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Recent Market Updates

Nov 20, 2017
Oil drops Below $56 USD and Weaker Canadian Dollor

  Moneyway Analysts Report: Uncertainty on Germany’s new government coalition causes the USD to strengthen and oil prices to drop. German Chancellor Merkel was unable to form a three-way coalition as the pro-business Democrats withdrew from the process. The euro fell slightly, however, if its determined that Germany cannot come to a resolution, then expect […]

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By MoneyWay
Nov 17, 2017
Weaker Canadian inflation, weaker Canadian dollar.

Moneyway Analysts Report: Today’s CPI numbers has basically wiped out any chance of an interest rate hike this year, or even the spring. October consumer price index edged up 0.1 percent on the month and was up 1.4 percent from a year ago as anticipated. The annual gain was a slowdown from September’s 1.6 percent […]

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By MoneyWay
Nov 14, 2017
Oil Falls 2%, Canadian Dollar Unchanged

Moneyway Reports: The Canadian dollar remains unchanged even as oil prices fall 2%. The International Energy Agency came out with a worse than expected outlook for global demand for oil. It’s basis was that China’s economic numbers are not as good as forecast, and therefore demand will drop. Some analysts took this as a valid […]

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By MoneyWay

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