Canadian Press Market Plus news

U.S. Economic Calendar

2013-05-18T10:17:00-04:00

(Action Economics) - A look at upcoming economic events in United States:

Canadian Economic Calendar

2013-05-18T10:16:59-04:00

(Action Economics) - A look at upcoming economic events in Canada:

TSX climbs more than 100 points on U.S. data

2013-05-17T17:25:59-04:00

TORONTO - The Toronto Stock Exchange surged ahead Friday, encouraged by gains from the U.S. markets, after data showed the world's largest economy may be in recovery.

U.S. Treasury

2013-05-17T15:21:04-04:00

Treasury Closing Summary (May 17)

U.S. Economic Calendar

2013-05-17T10:15:32-04:00

(Action Economics) - A look at upcoming economic events in United States:

Canadian Economic Calendar

2013-05-17T10:15:31-04:00

(Action Economics) - A look at upcoming economic events in Canada:

US Dollar FX trader

2013-05-17T07:30:57-04:00

(Action Economics) - 16-May-13 19:16 - The dollar was knocked lower following a series of soft U.S. economic releases.

CHF Dollar FX trader

2013-05-17T07:30:56-04:00

(Action Economics) - 17-May-13 09:10 - Swiss currency gave back most of the gains it saw in the wake of the net-weak U.S. data releases on Thursday, which had inspired a bout of CHF-supportive risk aversion.

Canadian Dollar FX trader

2013-05-17T07:30:55-04:00

(Action Economics) - 16-May-13 18:37 - USD-CAD briefly traded over 1.0200 into the North American open, making up ground from 1.0150 in Asia, where standing bids supported.

EUR Dollar FX trader

2013-05-17T07:30:54-04:00

(Action Economics) - 15-May-13 10:41 - EUR-USD was weighed by eurozone GDP data, leaving it under 1.2900.

GBP Dollar FX trader

2013-05-17T07:30:54-04:00

(Action Economics) - 16-May-13 09:44 - Cable is stable over 1.5200 after it rebounded from 1.5175 lows on Wednesday.

AUD Dollar FX trader

2013-05-17T07:30:52-04:00

(Action Economics) - 17-May-13 08:49 - The AUD and other commodity bloc currencies extended lower Friday, in what looks to become a dominate currency market theme.

JPY Dollar FX trader

2013-05-17T07:30:51-04:00

(Action Economics) - 17-May-13 09:08 - USD-JPY trade has been somewhat uneventful, with the pair holding steady Friday despite a further extension higher in Japanese stock markets following much stronger than expected machinery orders data (+14.2% m/m for 2.4% y/y versus the market expectation for -4.9% y/y).

Action Economics morning alert

2013-05-17T07:30:49-04:00

(Action Economics) - 06:45 EST European Midday FX Update: The main movers and shakers today were the commodity bloc currencies, which extended lower during both the Asian and European morning sessions. AUD-USD has logged a low of 0.9727, the lowest level seen since last Jun-4, and this is now the fifth consecutive day that the pair has exceeded its prior day's closing low. The 0.9700 provides the next target, while the 0.9581 low from last Jun-1 stands out on a longer dated chart. The NZD and CAD have also extended to fresh lows. EUR-USD was choppy within a narrow range, defined by its 1.2850 low and 1.2889 peak. USD-JPY trade was uneventful into the European open, contrasting to a further extension higher in Japanese stock markets following much stronger than expected machinery orders data (+14.2% m/m for 2.4% y/y versus the market expectation for -4.9% y/y). Full update here.

TSX, Wall Street mixed amid dismal U.S. data

2013-05-16T17:04:26-04:00

TORONTO - The Toronto Stock Exchange closed higher Thursday despite a pullback on Wall Street amid a round of disappointing reports that suggested the U.S. economy is not recovering as much as some would like to believe.

U.S. Treasury

2013-05-16T15:35:48-04:00

Treasury Closing Summary (May 16):

U.S. Economic Calendar

2013-05-16T10:16:26-04:00

(Action Economics) - A look at upcoming economic events in United States:

Canadian Economic Calendar

2013-05-16T10:16:25-04:00

(Action Economics) - A look at upcoming economic events in Canada:

AUD Dollar FX trader

2013-05-16T07:33:11-04:00

(Action Economics) - 16-May-13 05:50 - AUD-USD met fund selling on upticks, which left it close to 0.9875 by late Asia.

Canadian Dollar FX trader

2013-05-16T07:33:10-04:00

(Action Economics) - 15-May-13 17:40 - USD-CAD breached the 1.0200 level early in the North American session, peaking just shy of 1.0220.

JPY Dollar FX trader

2013-05-16T07:30:45-04:00

(Action Economics) - 16-May-13 05:49 - USD-JPY saw narrower ranges.

CHF Dollar FX trader

2013-05-16T07:30:44-04:00

(Action Economics) - 16-May-13 08:14 - CHF is in the spotlight after heavy price chop over the last 24 hours.

GBP Dollar FX trader

2013-05-16T07:30:43-04:00

(Action Economics) - 16-May-13 09:44 - Cable is stable over 1.5200 after it rebounded from 1.5175 lows on Wednesday.

EUR Dollar FX trader

2013-05-16T07:30:41-04:00

(Action Economics) - 15-May-13 10:41 - EUR-USD was weighed by eurozone GDP data, leaving it under 1.2900.

US Dollar FX trader

2013-05-16T07:30:40-04:00

(Action Economics) - 15-May-13 18:44 - The dollar moved back toward session highs versus most major currencies in N.Y. afternoon trade on Wednesday, after stumbling in the aftermath of the softer PPI, Empire State Index, and industrial production data early in the session.

Action Economics morning alert

2013-05-16T07:30:37-04:00

(Action Economics) - 06:35 EST European Fixed Income Update: A relatively quiet day with Bund and Gilt futures slightly higher, after yesterday's decline. Stock markets are mostly lower after the round of weaker than expected data releases from the Eurozone and the U.S. yesterday, which has boosted growth concerns. FTSE and the Italian MIB index managed to carve out modest gains against the weaker trend. Eurozone spreads have narrowed, with the Italian 10-year yield below the 4% mark once again and the reversal of intra-Eurozone safe haven flows is weighing on Bund futures, which have underperformed Gilts today. The data calendar had the final reading of Eurozone April CPI, which was confirmed at 1.2% y/y. The Eurozone trade surplus improved in March as exports picked up and French labour market data was also a tad better than feared. Norway Q1 GDP (ex-oil sector) came in at +0.7% from a downwardly revised 0.2% in Q4. In the cash market the 10-year Bund yield is up 0.1 bp at 1.38% and the Gilt yield down 1.1 bp at 1.91%. Meanwhile the Italian 10-year is down 6.4 bp and the Spanish down 7.7 bp. By comparison the DAX was down 0.12% and the FTSE 100 up 0.13% as of 10:18GMT.

U.S. Treasury

2013-05-16T02:11:17-04:00

Treasury Market Outlook (May 16)

TSX plunges on slowing economic data

2013-05-15T17:00:00-04:00

TORONTO - The Toronto stock market plunged more than 100 points Wednesday as traders digested a slew of economic data signalling a possible slowdown in both the Canadian and U.S. economies.

U.S. Economic Calendar

2013-05-15T10:15:43-04:00

(Action Economics) - A look at upcoming economic events in United States:

Canadian Economic Calendar

2013-05-15T10:15:41-04:00

(Action Economics) - A look at upcoming economic events in Canada:

CHF Dollar FX trader

2013-05-15T07:31:08-04:00

(Action Economics) - 15-May-13 07:37 - USD-CHF strength buoyed EUR-CHF.

Canadian Dollar FX trader

2013-05-15T07:31:07-04:00

(Action Economics) - 14-May-13 16:43 - USD-CAD touched session highs over 1.0140 in early North American trade, after finding support under 1.0100 in Asia overnight.

JPY Dollar FX trader

2013-05-15T07:31:06-04:00

(Action Economics) - 15-May-13 05:38 - USD-JPY saw a significant pick up in two way action after it broke to new trend highs over 102.40 following reports that PM Abe will announce a growth strategy as early as Friday.

GBP Dollar FX trader

2013-05-15T07:31:05-04:00

(Action Economics) - 13-May-13 10:22 - Cable is consolidative around 1.5350 in quiet trade.

AUD Dollar FX trader

2013-05-15T07:31:04-04:00

(Action Economics) - 15-May-13 05:39 - AUD-USD maintained a heavier tone after yesterday's break lower, which followed the Australia federal budget.

EUR Dollar FX trader

2013-05-15T07:31:03-04:00

(Action Economics) - 15-May-13 10:41 - EUR-USD was weighed by eurozone GDP data, leaving it under 1.2900.

Action Economics morning alert

2013-05-15T07:31:00-04:00

(Action Economics) - 06:39 EST European Midday FX Update: The dollar added to recent gains amid EUR-USD selling pressure after weaker than expected eurozone GDP. It traded under 1.2900 and weighed on Cable, which broke 1.5200. However, GBP was supported on dips over the course of the session on evidence of U.K. jobs growth and a more upbeat tone in today's BoE Inflation Report. USD-JPY traded at new trend highs over 102.50 as market participants positioned for PM Abe's growth strategy, which is set to be announced on Friday. Meanwhile, macro funds continued to force the CHF lower and drove EUR-CHF up to 1.2525. Full summary here.

US Dollar FX trader

2013-05-15T07:30:59-04:00

(Action Economics) - 14-May-13 18:50 - The dollar firmed in N.Y. trade on Tuesday, despite the return of risk taking.

U.S. Treasury

2013-05-15T01:37:01-04:00

Treasury Market Outlook (May 15)

Toronto market closes higher on energy gains

2013-05-14T17:15:28-04:00

TORONTO - North American markets closed higher Tuesday, building on the momentum of recent record highs as investors bet that the upward trend has not yet run its course.

U.S. Economic Calendar

2013-05-14T10:15:27-04:00

(Action Economics) - A look at upcoming economic events in United States:

Canadian Economic Calendar

2013-05-14T10:15:26-04:00

(Action Economics) - A look at upcoming economic events in Canada:

JPY Dollar FX trader

2013-05-14T07:30:57-04:00

(Action Economics) - 14-May-13 05:40 - USD-JPY headed lower after it started the session under 102.00.

GBP Dollar FX trader

2013-05-14T07:30:56-04:00

(Action Economics) - 13-May-13 10:22 - Cable is consolidative around 1.5350 in quiet trade.

AUD Dollar FX trader

2013-05-14T07:30:55-04:00

(Action Economics) - 14-May-13 10:01 - AUD-USD was weighed by the Australia federal budget.

CHF Dollar FX trader

2013-05-14T07:30:54-04:00

(Action Economics) - 14-May-13 08:12 - EUR-CHF is steady close to the 1.2400.

US Dollar FX trader

2013-05-14T07:30:52-04:00

(Action Economics) - 09-May-13 19:01 - The dollar moved broadly higher in N.Y. trade on Thursday, aided by reported real money dollar buying against a basket of currencies.

Canadian Dollar FX trader

2013-05-14T07:30:53-04:00

(Action Economics) - 13-May-13 16:35 - USD-CAD found support into 1.0080, after tripping stops under 1.0100 earlier.

EUR Dollar FX trader

2013-05-14T07:30:52-04:00

(Action Economics) - 14-May-13 09:35 - EUR-USD found support under 1.3000.

Action Economics morning alert

2013-05-14T07:30:49-04:00

(Action Economics) - 06:27 EST European Midday FX Update: The dollar ended the European morning on a supportive footing, though had experienced fairly choppy action. EUR traded between 1.2985 and 1.3030 over the eurozone releases, which included a slightly disappointing German ZEW reading and better than expected eurozone industrial production. It was unable to sustain higher levels due to more semi-official sell interest, which left it close to 1.2975. Cable remained vulnerable after it met offers over 1.5300 throughout after Monday's late drop. Elsewhere, JPY was steady following USD-JPY's correction from over 102.00 on Monday and calming words on FX from Japan Economics Minister Amari. Meanwhile, AUD sank after the Australia federal budget saw a wider than expected deficit due to high AUD and lower commodity prices. SEK tumbled after an undershoot in Swedish CPI fueled Riksbank rate cut expectations. Full summary here.

U.S. Treasury

2013-05-14T01:46:46-04:00

Treasury Market Outlook (May 14)

TSX falls amid disappointing Chinese data

2013-05-13T17:04:30-04:00

TORONTO - The Toronto stock market slipped Monday amid falling commodity prices and data that showed China only slightly increased industrial production and retail sales in April.

U.S. Economic Calendar

2013-05-13T10:15:40-04:00

(Action Economics) - A look at upcoming economic events in United States:

Canadian Economic Calendar

2013-05-13T10:15:38-04:00

(Action Economics) - A look at upcoming economic events in Canada:

JPY Dollar FX trader

2013-05-13T07:32:47-04:00

(Action Economics) - 13-May-13 05:28 - USD-JPY steepened its bid to trade at new trend highs of 102.15.

EUR Dollar FX trader

2013-05-13T07:32:47-04:00

(Action Economics) - 13-May-13 10:21 - EUR-USD traded in a tight range after it lacked momentum under 1.2950.

CHF Dollar FX trader

2013-05-13T07:32:45-04:00

(Action Economics) - 13-May-13 10:23 - CHF edged lower after the unexpected decline in Swiss retail sales.

GBP Dollar FX trader

2013-05-13T07:32:45-04:00

(Action Economics) - 13-May-13 10:22 - Cable is consolidative around 1.5350 in quiet trade.

Canadian Dollar FX trader

2013-05-13T07:32:43-04:00

(Action Economics) - 10-May-13 21:13 - USD-CAD peaked just over 1.0150 after tripping stops at 1.0130.

AUD Dollar FX trader

2013-05-13T07:32:43-04:00

(Action Economics) - 13-May-13 05:29 - AUD-USD headed back below 1.0000 on broad dollar strength.

US Dollar FX trader

2013-05-13T07:32:42-04:00

(Action Economics) - 09-May-13 19:01 - The dollar moved broadly higher in N.Y. trade on Thursday, aided by reported real money dollar buying against a basket of currencies.

Action Economics morning alert

2013-05-13T07:32:38-04:00

(Action Economics) - 06:20 EST European Midday FX Update: The dollar was underpinned throughout the session. Overnight, the latest article from WSJ's Hilsenrath encouraged dollar demand after he said the Fed has mapped out a strategy for winding down its bond buying program, but the timing on when to start is still being debated. It might not be the clear and steady path markets expect and officials are focusing on clarifying the stategy so markets do not overreact. EUR traded under 1.3000 throughout, while Cable was stable around the 1.5350 area on optimism over the U.K. outlook. Meanwhile, JPY was mostly supportive in Europe after it experienced profit taking from new trend lows seen in Asia, which followed the G7 meeting, where Japan avoided direct criticism of its policies. There was broad agreement not to target exchange rates, which is in line with other G7 and G20 meetings. Full summary here.

U.S. Treasury

2013-05-13T01:36:16-04:00

Treasury Market Outlook (May 13)

U.S. Economic Calendar

2013-05-12T10:17:25-04:00

(Action Economics) - A look at upcoming economic events in United States:

Canadian Economic Calendar

2013-05-12T10:17:24-04:00

(Action Economics) - A look at upcoming economic events in Canada:

US Dollar FX trader

2013-05-12T07:32:12-04:00

(Action Economics) - 09-May-13 19:01 - The dollar moved broadly higher in N.Y. trade on Thursday, aided by reported real money dollar buying against a basket of currencies.

EUR Dollar FX trader

2013-05-12T07:32:12-04:00

(Action Economics) - 10-May-13 10:37 - EUR-USD was weighed by the strong dollar bid and broke 1.3000.

JPY Dollar FX trader

2013-05-12T07:32:11-04:00

(Action Economics) - 10-May-13 06:03 - USD-JPY and the JPY crosses saw marked buying interest following yesterday's USD-JPY breach of 100.00.

GBP Dollar FX trader

2013-05-12T07:32:10-04:00

(Action Economics) - 10-May-13 10:36 - Cable longs were stopped out under 1.5400 amid dollar strength.

CHF Dollar FX trader

2013-05-12T07:32:09-04:00

(Action Economics) - 10-May-13 10:35 - EUR-CHF was buoyed by USD-CHF strength.

Canadian Dollar FX trader

2013-05-12T07:32:08-04:00

(Action Economics) - 10-May-13 21:13 - USD-CAD peaked just over 1.0150 after tripping stops at 1.0130.

AUD Dollar FX trader

2013-05-12T07:32:07-04:00

(Action Economics) - 10-May-13 06:04 - AUD-USD experienced a large break of range after 1.0150 and 1.0100 barriers gave way during Thursday's N.Y. afternoon.

Action Economics morning alert

2013-05-12T07:32:04-04:00

(Action Economics) - 06:53 EST European Fixed Income Update: Bund and Gilt futures are sharply lower, as stock markets move higher on positive earnings reports and following the rally in the Nikkei and German trade data, which showed exports picking up. Eurozone spreads have narrowed, led by Italy, after the successful bill auction this morning. The Eurozone meanwhile is preparing for a shift towards a slight easing of austerity policies as the ECB turned dovish, with officials eager to show that they are doing everything to stabilise growth and help unemployment to come down. In the cash market the 10-year Bund yield is up 6.2 bp at 1.33% and the Gilt yield up 6.3 bp at 1.84%. Meanwhile the Italian 10-year is down 0.7 bp and the Spanish up 0.7 bp. By comparison the DAX was up 0.67% and the FTSE 100 up 0.60% as of 10:34GMT.

U.S. Economic Calendar

2013-05-11T10:17:30-04:00

(Action Economics) - A look at upcoming economic events in United States:

Canadian Economic Calendar

2013-05-11T10:17:28-04:00

(Action Economics) - A look at upcoming economic events in Canada:

US Dollar FX trader

2013-05-11T07:32:16-04:00

(Action Economics) - 09-May-13 19:01 - The dollar moved broadly higher in N.Y. trade on Thursday, aided by reported real money dollar buying against a basket of currencies.

EUR Dollar FX trader

2013-05-11T07:32:15-04:00

(Action Economics) - 10-May-13 10:37 - EUR-USD was weighed by the strong dollar bid and broke 1.3000.

JPY Dollar FX trader

2013-05-11T07:32:14-04:00

(Action Economics) - 10-May-13 06:03 - USD-JPY and the JPY crosses saw marked buying interest following yesterday's USD-JPY breach of 100.00.

GBP Dollar FX trader

2013-05-11T07:32:13-04:00

(Action Economics) - 10-May-13 10:36 - Cable longs were stopped out under 1.5400 amid dollar strength.

Canadian Dollar FX trader

2013-05-11T07:32:12-04:00

(Action Economics) - 10-May-13 21:13 - USD-CAD peaked just over 1.0150 after tripping stops at 1.0130.

CHF Dollar FX trader

2013-05-11T07:32:11-04:00

(Action Economics) - 10-May-13 10:35 - EUR-CHF was buoyed by USD-CHF strength.

AUD Dollar FX trader

2013-05-11T07:32:10-04:00

(Action Economics) - 10-May-13 06:04 - AUD-USD experienced a large break of range after 1.0150 and 1.0100 barriers gave way during Thursday's N.Y. afternoon.

Action Economics morning alert

2013-05-11T07:32:08-04:00

TSX closes higher amid latest job figures

2013-05-10T16:41:50-04:00

TORONTO - North American markets capped off a mostly positive week higher Friday despite slightly disappointing job figures from Statistics Canada and a continuing retreat in commodity prices.

U.S. Treasury

2013-05-10T15:45:34-04:00

Treasury Closing Summary (May 10):

U.S. Economic Calendar

2013-05-10T10:16:32-04:00

(Action Economics) - A look at upcoming economic events in United States:

Canadian Economic Calendar

2013-05-10T10:16:31-04:00

(Action Economics) - A look at upcoming economic events in Canada:

AUD Dollar FX trader

2013-05-10T07:33:01-04:00

(Action Economics) - 10-May-13 06:04 - AUD-USD experienced a large break of range after 1.0150 and 1.0100 barriers gave way during Thursday's N.Y. afternoon.

Canadian Dollar FX trader

2013-05-10T07:33:00-04:00

(Action Economics) - 09-May-13 17:35 - USD-CAD was steady between 1.0020 and 1.0045 through the North American session on Thursday.

JPY Dollar FX trader

2013-05-10T07:30:38-04:00

(Action Economics) - 10-May-13 06:03 - USD-JPY and the JPY crosses saw marked buying interest following yesterday's USD-JPY breach of 100.00.

GBP Dollar FX trader

2013-05-10T07:30:37-04:00

(Action Economics) - 10-May-13 10:36 - Cable longs were stopped out under 1.5400 amid dollar strength.

US Dollar FX trader

2013-05-10T07:30:36-04:00

(Action Economics) - 09-May-13 19:01 - The dollar moved broadly higher in N.Y. trade on Thursday, aided by reported real money dollar buying against a basket of currencies.

CHF Dollar FX trader

2013-05-10T07:30:36-04:00

(Action Economics) - 10-May-13 10:35 - EUR-CHF was buoyed by USD-CHF strength.

EUR Dollar FX trader

2013-05-10T07:30:35-04:00

(Action Economics) - 10-May-13 10:37 - EUR-USD was weighed by the strong dollar bid and broke 1.3000.

Action Economics morning alert

2013-05-10T07:30:32-04:00

U.S. Treasury

2013-05-10T01:57:09-04:00

Treasury Market Outlook (May 10)

Markets drop amid positive U.S. jobs data

2013-05-09T16:52:38-04:00

TORONTO - North American markets lost some ground Thursday even though the U.S. reported rosier-than-expected unemployment insurance numbers, a sign that the world's largest economy may be continuing with its recovery.

U.S. Economic Calendar

2013-05-09T10:16:29-04:00

(Action Economics) - A look at upcoming economic events in United States:

Canadian Economic Calendar

2013-05-09T10:16:27-04:00

(Action Economics) - A look at upcoming economic events in Canada: