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HIGHLIGHTS OF THE WEEK – May 25 United States • After last week’s blockbuster retail sales report, the positive data stream continued for the U.S. economy with reports on housing, industrial production, and consumer prices all suggesting a constructive tone. • Alongside upward revisions to previous months, the robust data indicated that first-quarter growth was …
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HIGHLIGHTS OF THE WEEK – May 17th United States • Retail sales rose a robust 1.3% in April. Spending was lifted by rebounding auto sales and higher gasoline prices, but core sales also performed well, up 0.6% on the month. • First-quarter growth was likely not as bad as originally anticipated and appears to have …
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HIGHLIGHTS OF THE WEEK – May 9, 2016 United States • Investor caution amid an uninspiring week of earnings and ahead of Friday’s jobs report caused markets to trade with a slightly less risk-on bias this week. Markets will close the week down and U.S. treasury yields will end the week almost 10 bps lower …
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Article of the Week – Before you Sign… There’s a one-in-four chance that, if you’re among the 5.7 million Canadian households with a mortgage, you’re going to receive a letter in the mail this year telling you it’s time to renew. Negotiating a mortgage is a bit different than haggling in a souk, but just …
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HIGHLIGHTS OF THE WEEK – May 4, 2016 United States • The last week of April was busy for global markets in the midst of earnings season, as investors digested two key central bank decisions alongside the last of major economic indicators for the first quarter of the year. • The upbeat mood soured on …
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