The new Federal Reserve ("Fed") Chairman Ben Bernanke believes that the current yield curve inversion does not signal an economic slowdown. He argues that in past inversions, i.e. when short-term interest rates have exceeded long-term rates, short-term real interest rates were high.
Range Bound Currencies... GDP of 5.5% for Japan!... Singapore on the move!... "Tasty Prey"... and much more, including today's currencies prices, in this edition of the Daily Pfennig - Your Eye on World Currencies!
Who's minding the store?... Big Ben speaks!... M&A news for Canada... Japan's fiscal year-end... and much more, including today's currencies prices, in this edition of the Daily Pfennig - Your Eye on World Currencies!
Retail Sales burn bright!... Big Data Day!... A Currency Manipulator?... The BOE slams the door!... and much more, including today's currencies prices, in this edition of the Daily Pfennig - Your Eye on World Currencies!
Syria to switch to euros... A Commodities correction?... Japan outperforms the U.S. and Europe!... Giving away the store... and much more, including today's currencies prices, in this edition of the Daily Pfennig - Your Eye on World Currencies!
Governments worldwide recognize the value of providing tax breaks of various kinds (write-offs, tax holidays, and exemptions) in order to induce investment in sectors they deem strategic. Canada is no exception, and has had many types of legislation directed towards increasing resource investment.
After gold's dramatic fall last week, followed by recovery and then further decline, investors are asking whether they should run to the exits to ensure they lock in some profit, or move up to the plate.