Archive for April 11th, 2011

Central Bank Watch

Bank of Canada Preview

April 11, 2011

The Bank of Canada will reveal the decision of its third interest rate policy meeting of 2011 tomorrow at 09:00 EDT (13:00 GMT).  The street consensus is looking for no policy change, as such could subject the Canadian dollar to even more upward pressure and because a general parliamentary election is being held in three […] More

New Overnight Developments Abroad - Daily Update

Market Attention on Japan and Libya

April 11, 2011

Northeast Japan was rocked by yet another 7.1 magnitude aftershock followed by new tsunami warnings. Qaddafi reportedly agreed to a cease fire proposal made by the African Union, but doubts persist that the civil war will really end in Libya. After a quarterly meeting of Bank of Japan branch managers, the assessment was downgraded for […] More