Wednesday outlook: Resource stocks likely to support TSX at the open
Inflation rises in October
- By: Malcolm Morrison
- November 18, 2009 November 18, 2009
- 08:41
Inflation rises in October
U.S. retailers report better-than-expected third-quarter results
Higher U.S. dollar depresses commodities
Loonie rises on stronger manufacturing sales
Bulk of gains come from motor vehicle industry
Optimism ahead of retail report
Oil, gold, loonie up
Gold closes at record high
Imports stable as trade deficit shrinks
Oil, gold down
Flu pandemic similar to those of 1957 and 1968 would also likely prove to have a relatively mild effect on overall economic activity
TSX drops 79 points
Wal Mart earnings raise worries about consumer spending
Notional amounts of credit default swap contracts continued to decline
U.S. dollar strength erodes commodity prices
First covered bond issue by a Canadian financial institution in that past year
Crude prices, Canadian dollar advance
Oil down, gold at new record high
Sluggish growth will present significant challenges to governments struggling to eliminate deficits
UK at risk of losing its triple A debt rating
TSX shoots up 236 points
Transportation industry profits down 29%
Improvement in the multiple-residence sector
Newfoundland and Labrador will lead the region in growth