Tag Archives: Canada

Markets rally, oil prices top $100 a barrel

Posted on November 30, 2011 by pmarek

A decision to make it easier for banks to lend money to keep the economy growing by the Federal Reserve along with the European Central Bank, the Bank of England and central banks from Canada, Japan and Switzerland led to …

Posted in Commodities, Economy, Main Post | Tagged bank of england, banks, barrel, Canada, cash, Central Bank, China, confidence, demand, Dow, economic, economy, European Central Bank, Federal Reserve, futures, growth, investors, japan, lending, markets, money, NASDAQ, oil uture, rally, S&P, stimulate, Switzerland, WTI futures | Comments Off

Commodity based currencies up vs US dollar

Posted on August 22, 2011 by Josie Middleton

There’s not to much activity happening for the U.S. dollar today as no new data on the state of the U.S. economy has been released to remind traders of the dismal state of the global markets.

Last week saw large …

Posted in Forex, Main Post | Tagged AUD, Australian, CAD, Canada, commodity, currencies, data, dollar, economy, EUR, expansion, forex, invested, investments, JPY, Loonie, market, markets, safe haven, selling, traders, USD | Comments Off

Bank of America selling Canadian credit card business to TD Canada Trust

Posted on August 15, 2011 by pmarek

Bank of America announced on Monday that it will sell its $8.6 billion credit card business to TD Bank Group in Canada and that it will further sell off its credit card businesses in the UK and Ireland.

Tim …

Posted in Financial, Main Post | Tagged BAC, Bank of America, Brian Moynihan, business, Canada, CEO, clients, consumer, credit card, customers, international, investors, Ireland, lending, MasterCard, MBNA, news, NYSE, NYSE:BAC, NYSE:MA, NYSE:V, portfolio, premium, product, Spain, TD Bank, Tim Hockey, trades, UK, V, Visa | Comments Off

Loonie drops on fears of U.S. recession

Posted on August 10, 2011 by Josie Middleton

The Canadian dollar wiped out most of yesterday’s gains following the Federal Reserve’s indication that its biggest trade partners economy was slowing down.

The Fed announced on tuesday it would keep interest rates at near zero for an additional two …

Posted in Forex, Latest Headlines | Tagged CAD, Canada, crude, dollar, Dow Jones, economy, Energy Department, fears, Fed, Federal Reserve, growth, Industrial Average, Loonie, market, Oil, partner, recession, recover, report, supplies, swings, trade, USD | Comments Off

FedEx to raise freight unit shipping costs

Posted on August 8, 2011 by Cameron White

FedEx (NYSE:FDX) announced on monday that it will raise the prices on it freight unit by 6.75 percent on the majority of its North American shipping. The new prices are set to go into effect starting on September 6th and …

Posted in Latest Headlines, Services | Tagged Canada, competitor, FDX, FedEx, freight, Mexico, North America, NYSE:FDX, NYSE:UPS, prices, shipments, shipping, U.S., UPS | Comments Off

Lonnie drops after decline in economic output during May

Posted on July 29, 2011 by Cameron White

A decline in the production of mining, oil and gas during may all lead to pulling the loonie down against the U.S. dollar on friday.

A report showed that Canada economy actually contracted during the month of may leading to …

Posted in Economy, Forex | Tagged Canada, currency, economy, forecast, GAS, GDP, Loonie, mining, Oil, Royal Bank of Scotland, treaded, US Dollar | Comments Off

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