News and resources for Canada's top financial advisors
Est. 1998
Industry
In April 2013, Greece’s jobless rate reached a new high of 26.9%.
July 11, 2013
1 min read
Ever wonder if it matters which day of the week you choose to trade on?
By David Andrews |May 6, 2013
4 min read
U.S. banks have come out in support of their European peers that are fighting the Federal Reserve’s decision to impose tighter capital requirements on their U.S. operations. Top bankers from Europe, the U.S. and Japan are rallying to oppose the Fed’s proposal that deviates from common international bank rules, reports FT.com. The U.S. central bank […]
By Staff |April 26, 2013
The Eurozone’s ban last year on credit default swaps has drawn the criticism of the International Monetary Fund, reports the Financial Times.
April 12, 2013
The Financial Times reports that for the second month in a row the International Energy Agency has lowered its oil demand forecast for the Eurozone, citing the Cyprus bailout as a cause of the drop.
By Staff |April 11, 2013
Precious metal markets are jolted by Cyprus’ decision to shed its gold holding worth €400m (about $530 million) from its reserves. This is the first time a euro member has decided to sell its excess gold reserves as a result of the ongoing European debt crisis, triggering fears other euro nations may make similar moves, […]
Economic Indicators
Cyprus may have grabbed headlines, but your clients shouldn’t worry about Europe.
April 11, 2013
2 min read
The New York Times reports fresh troubles are brewing in the Eurozone, this time in Portugal.
By Staff |April 8, 2013
North American economic data will take center stage this week as March employment numbers will be announced on both sides of the border. Analysts are calling for 190,000 new jobs in the U.S. with the unemployment rate remaining unchanged at 7.7%.
By Gareth Watson |April 1, 2013
While capital controls imposed by Cyprus will prevent an anticipated exodus of funds from the country, savers with more than €100,000 ($130,000) stand to lose 40% of their deposits. Decrying the move, analysts allege Cyprus is no longer a full member of the common currency club as “a euro in a bank deposit in Cyprus […]
By Staff |March 26, 2013
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