financial news

Canada reported incredibly strong jobs data before the weekend.  Canada grew 93.2k jobs, more than 4 times more than than market expected.  It grew almost 50k full time jobs.  These are impressive numbers and renews…

Topic of the Day: The Federal Reserve The Fed Is Fractured| Pragmatic Capitalism Paul Krugman - The Feckless Fed - NYTimes.com The Usual Fare US is not AAA in new Chinese-made ratings -- Shanghai Daily BBC News - Santander…

Highlights The US dollar is generally firmer against most of the major and emerging market currencies to start the new week.  It has staged a reversal of sorts before the weekend and there has been follow through today.  The euro…

Paul Volcker Pushes for Reform, and Regrets His Past Silence - NYTimes.com World Cup final: Wesley Sneijder set to win place in Holland hearts | Simon Kuper | Football | guardian.co.uk World Cup 2010: Holland's new football…

Topic of the Day: Apple's Strategy How Apple Dominates (In Slides) - Tech Crunch The iPad's Threat to PCs - Barrons.com How Google's Android Could Overtake Apple's iPhone - Barrons.com The Usual Fare Jesse's Café Américain:…

For those of you who only receive updates via the weekly newsletter, we have been posting over the last few weeks but I have dropped the ball on crafting a weekly newsletter.  So this week I will make this week in review post a month…

I have a lot of links today, so I will do two sets. Topic of the Day: Monetary Policy Here is the first set with an emphasis on monetary policy and debt. The ECRI Index came out at a –8.3% annualized. That's getting very close to where…

Highlights The US dollar consolidating this week’s losses against most of the major currencies; trading with a firmer bias within yesterday’s trading ranges.  The general forces weighing on greenback remain intact.  The negative…

Topic of the day: Bullish data 30-year mortgage rate edges down to new low | Los Angeles Times Delinquent loans: Americans missing fewer loan payments, banking group says - latimes.com First-time unemployment claims drop by 21,000…

Highlights The US dollar continues to trade with a heavier bias against the major and emerging market currencies.  The yen and Swiss franc’s softer tone appears to be largely a function of the return of risk appetites, though Japan…