The Bank of Canada lowered rates on Wednesday by 25 basis points, lowering its key interest rate to 4.25%.
US Yield Curve Dis-inverts; Global Stocks Continue Decline; Japanese Yen Advances Strongly; Most Commodities Continue Decline; Disappointing US Jobs Data
Global Stocks Trade Sharply Lower; Japanese Yen Advances Firmly; Most Commodities Continue Decline; Aussie Lower on Poor GDP Numbers
Global Stocks Trade Lower; Japanese Yen and US Dollar Strongest in Forex; Most Commodities Decline
Stronger Yen as More Institutions Forecast USD/JPY Below ¥140; Hawkish Rate Comment from RBA; Commodities Lower in Early Trading
According to the BEA, United States second-estimate GDP for the second quarter, released earlier today, indicated that the economy expanded at an annualized rate of 3.0%.
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