John Clinkard

Bank of Canada Says Rate Appropriate for a Period of Time

Bank of Canada Governor Mark Carney said his policy interest rate is likely to be unchanged for some time after inflation slowed more than projected, while reiterating his eventual next move will probably be an increase.

Canada Adds 58,200 Jobs in April, Unemployment Hits 7.3%

Canadian employment rose almost six times faster than economists forecast in April, led by private- sector and full-time positions, creating the largest two-month increase in more than 30 years and leading investors to raise bets on higher interest rates.

Jobs Report to Lead Data Seen Pointing to Slowing Economy

Canada’s economy may be slowing, according to reports on jobs, trade and housing due to be released today, just three days after the central bank said the country’s economic momentum was intact.

Canadian Unemployment Rate Falls to 7.6% as Economy Adds 58,300 April Jobs

Canada added almost three times more jobs than economists forecast in April and the unemployment rate declined, suggesting the central bank will raise interest rates in the next few months.

Canadian Currency Approaches a Three-Week Low on Economic Slowdown Concern

Canada’s dollar dropped to the lowest level in almost three weeks as commodities and stocks tumbled a day after the Federal Reserve said the recovery in the U.S., the nation’s largest trading partner, will be slower.

Canada Dollar Gains Versus Peers on Global-Stimulus View

Canada’s dollar rose against most of its 16 major counterparts amid speculation global central banks will take additional steps to sustain wavering economic growth, adding to risk appetite.

Yield Advantage Over Treasuries Dwindles on QE Speculation: Canada Credit

Canada is losing its yield advantage over the U.S. on speculation government bond markets may have gone too far in anticipating the scale of stimulus from the Federal Reserve next week.

Canada January Inflation Slows to 2.3% on Abating Energy, Clothing Costs

Canada’s inflation rate slowed in January on a moderation in energy costs and a decline in clothing prices, government figures showed.

Bank of Canada’s Carney Says Volcker Rule Might Damage Markets

Bank of Canada Governor Mark Carney said U.S. efforts to prevent deposit-taking banks from trading with their own money could damage markets in government bonds and other securities unless the plans are revised.

Canada Dollar Rises Against Greenback, Reaches High Versus Euro

Canada’s dollar rallied to its strongest level in a week against its U.S counterpart, tracking gains in global equities and commodities, amid speculation slowing growth in China will spur more monetary stimulus.

"What has happened here is that they are facing the realities of low inflation and until that starts to move more towards the middle of the range they have no choice."

- John Clinkard on Mar 06, 2013

Canada

Statistics Canada

Mark Carney

Europe

Pentagon Using China Satellite for U.S.-Africa Command

U.S. Stocks Little Changed Amid Economic Data, Earnings

Collins Historic Gay Stand Seen Bringing Riches If He Wants

Apple Planning Six-Part Bond Sale That May Approach Record

Paulson Leads Hedge-Fund Lobby Push to Privatize Fannie