Archive for April 16th, 2012

Central Bank Watch

Bank of Canada Preview

April 16, 2012

Analysts about universally do not expect an interest rate policy change from the Bank of Canada.  The announcement after this year’s third meeting is due at 13:00 GMT on Tuesday.  Perceptions that the overnight money rate will be left at 1.0%, its level since September 8, 2010 is not fully supported as the right thing, […] More

New Overnight Developments Abroad - Daily Update

Concerns about Euro Debt and Chinese Growth

April 16, 2012

The euro fell 0.4% on balance against the dollar and dipped as low as $1.2995, the first sub-$1.3000 reading since February 16. Share prices in Japan tumbled 1.7% in Japan to the lowest session closing level since February 21.  Speculation persists that the BOJ will extend quantitative easing later this month.  However, Japanese department store […] More